In Montenegro, the authorization for payment services from Alta Pay was revoked The Board of the Central Bank of Montenegro (CBMB) decided to revoke the authorization to provide payment services from the payments organization Alta Pay Group based in Podgorica after it was determined that it no longer meets the legal requirements to carry out this activity. This was announced this evening by the Central Bank of Montenegro. The announcement stated that the decision was made in accordance with the Payment Transactions Law of Montenegro based on a comprehensive assessment of compliance with the regulatory requirements, including criteria relating to the compliance of a qualified shareholder with the established requirements, as well as ensuring the stable, safe and legal operation of the payments organization. The Central Bank of Montenegro emphasized that this decision does not pose a threat to the country's financial stability and does not affect the proper functioning of the payment system. As stated in the announcement, Alta Pay Group is not a bank, does not accept deposits from citizens and enterprises and does not affect the stability of the financial system of Montenegro. The Central Bank of Montenegro also reported that it immediately took all necessary measures within its powers in order, taking into account current events, to ensure adequate fulfillment of obligations by this payment organization and to protect the interests of its customers. - About Serbia in Russian.