Law on the Capital Market has been adopted

The new Law on the Capital Market has been published on the 04, January 2018 in the ,,Official Gazette of Montenegro“ No.1/18 and has entered into force on 12, January of the same year.

The laws aims is to regulate the capital market, secondary trading in securities, the registration of financial instruments, clearing, settlement and registration of transactions in financial instruments, publishing the conditions for the establishment and operation of the capital market, types of financial instruments, issuance of securities, organization and operation of investment companies financial and other data and reporting of issuers and other participants in the capital market, ban on capital market abuse and other issues of importance for the operation of the capital market.