meta_id 2918949

On February 27, 2026, the Capital Market Commission of Montenegro (Komisija za tržište kapitala Crne Gore) adopted six draft subordinate legal acts relating to open-ended investment funds with public offerings. The commission is now launching a public consultation to gather feedback from stakeholders on these regulatory proposals. The draft rules cover: rules on central funds and investor funds; rules on liquidation and termination of open-ended investment funds with public offerings; rules on the content and maintenance of registers for management companies and open-ended investment funds with public offerings; amendments to rules on issuing operating licences and granting consent to management companies; rules on regulatory capital requirements for management companies; and rules on the content of notifications regarding trading commencement in member states and UCITS fund confirmations. These draft regulations implement provisions of the Law on Open-Ended Investment Funds with Public Offerings (published in the Official Gazette of Montenegro, nos. 23/25, 117/25 and 14/26). The commission states that the regulations aim to enhance the regulatory framework and ensure full implementation of legislative solutions in the open-ended investment fund sector. Interested parties are invited to submit comments, proposals and suggestions to the Capital Market Commission within 14 days of this notice via email to info@scmn.me. Following its review of the feedback received, the commission will finalise the texts of the subordinate legal acts. **Reference:** Capital Market Commission of Montenegro: https://www.scmn.me

On February 27, 2026, the Capital Market Commission of Montenegro (Komisija za tržište kapitala Crne Gore) adopted six draft subordinate legal acts relating to open-ended investment funds with public offerings. The commission is now launching a public consultation to gather feedback from stakeholders on these regulatory proposals. The draft rules cover: rules on central funds and investor funds; rules on liquidation and termination of open-ended investment funds with public offerings; rules on the content and maintenance of registers for management companies and open-ended investment funds with public offerings; amendments to rules on issuing operating licences and granting consent to management companies; rules on regulatory capital requirements for management companies; and rules on the content of notifications regarding trading commencement in member states and UCITS fund confirmations. These draft regulations implement provisions of the Law on Open-Ended Investment Funds with Public Offerings (published in the Official Gazette of Montenegro, nos. 23/25, 117/25 and 14/26). The commission states that the regulations aim to enhance the regulatory framework and ensure full implementation of legislative solutions in the open-ended investment fund sector. Interested parties are invited to submit comments, proposals and suggestions to the Capital Market Commission within 14 days of this notice via email to info@scmn.me. Following its review of the feedback received, the commission will finalise the texts of the subordinate legal acts. **Reference:** Capital Market Commission of Montenegro: https://www.scmn.me