Montenegro Capital Market Authority: investment-firm register and regulatory scope

Montenegro’s Capital Market Authority, locally Komisija za tržište kapitala, is an independent statutory regulator for securities issuance and capital-market activity. Its published functions include supervision, licensing, investor education and market-integrity work. It reports to Montenegro’s Parliament.[1]

Authority

Capital Market Authority

Jurisdiction

Montenegro

Remit

Regulation and supervision of securities issuance, capital-market trading and professional market participants in Montenegro.

Each entry applies to the named firm; overseas affiliates require independent checks.[2]

Open the official register ↗

Check the exact legal entity, permissions, current status and scope in the official record. A brand connection in our coverage does not establish authorisation.

The regulation page distinguishes measures currently published for the domestic framework from rules intended to apply when Montenegro joins the European Union. A rule shown in the latter group should not be described as already in force solely because it is linked on the website.[3]

The official regulation list links a January 2019 decision limiting leverage to 100:1 for the specified leveraged financial instruments and investment services. Check its applicability and any subsequent measures before accepting a broker’s higher advertised leverage.[4]

For a firm-specific matter, document the legal entity, investment service, transaction chronology, alleged breach and the provider’s response before contacting the authority. Its published contact details provide a route to clarify the appropriate supervisory or redress process. The public sources checked here do not establish a universal ombudsman deadline or an automatic regulator damages award.[7][1]

The authority’s alerts page links IOSCO’s international warning resource and highlights firms using names similar to licensed companies. An absence from a warning list is not affirmative licensing evidence. Use the domestic register for the legal company, then use alerts to investigate a disputed website, identity or unsolicited approach.[7]

The authority’s annual report describes formation of an Investor Protection Fund with a planned start of 1 January 2026. There is also institution-level evidence of operation: Zapad Banka’s investment-services page cites its membership decision dated 12 January 2026. These sources make an unqualified claim that Montenegro has no investor-protection fund inappropriate.[5][6]

Neither the existence of the fund nor a bank’s membership establishes another broker’s membership, an individual claimant’s eligibility or an unlimited reimbursement. Obtain the applicable current fund rules, the named firm’s membership and the relevant failure decision before publishing a covered sum. Rules identified as effective only on EU accession must not be used to fill that gap.[3][5][6]

Use the authority’s official website for current official routes. Purpose-specific resources have not yet been established in this profile.