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IPA — Support to regulation of financial services

  Podgorica Montenegro — The Ministry of Finance, the Directorate for Finance and Contracting of the EU Assistance Funds (CFCU)
Published September 24, 2016
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Notice type
Prior notice
IPA — Support to regulation of financial services

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Fact Sheet


Montenegro-Podgorica: IPA — Support to regulation of financial services

2016/S 185-331372

Service prior information notice

Location — Europe (non-EU), Montenegro

 1.Publication reference:

EuropeAid/138390/IH/SER/ME.
 2.Procedure:

Restricted.
 3.Programme title:

Instrument for Pre-Accession Assistance (IPA II).
 4.Financing:

Financing agreement concerning the national programme Montenegro 2014 (objective 1 — part 1 and objective 2 — part 1).
 5.Contracting authority:

The Ministry of Finance, the Directorate for Finance and Contracting of the EU Assistance Funds (CFCU), Stanka Dragojevića 2, 81000 Podgorica, MONTENEGRO.
 6.Nature of contract:

Global price.
 7.Contract description:

The objective of this contract is the development and installation of 2 tailor-made IT solutions for 2 institutions: the Insurance Supervision Agency (ISA) and Securities Exchange Commission of Montenegro (SECM). The first is related to the specific ISAs needs of collection, processing and analysing data and information for conducting risk-based supervision of insurance market based on Solvency II requirements. The second is related to the design and implementation of officially appointed central storage for regulated information (CSRI) in accordance with Directive 2004/109/EC of the European Parliament and of the Council.
 8.Indicative budget:

490 000 EUR.
 9.Intended timing of publication of the contract notice:

November 2016.
 10.Additional information:

Not applicable.
 11.Legal basis:

• Regulation (EU) No 231/2014 of the European Parliament and of the Council of 11.3.2014 establishing an Instrument for Pre-Accession Assistance (IPA II).
• Regulation (EU) No 236/2014 of the European Parliament and of the Council of 11.3.2014 laying down common rules and procedures for the implementation of the Union's instruments for financing external action.
• Commission Implementing Regulation (EU) No 447/2014 of 2.5.2014 on the specific rules for implementing Regulation (EU) No 231/2014 of the European Parliament and of the Council establishing an Instrument for Pre-Accession Assistance (IPA II).

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