The Albania Financial Services Authority published an update on a meeting between its Director General, Mimoza Kaçi, and an International Monetary Fund mission led by Anke Weber, focused on recent developments in non-bank financial markets, supervisory policies, and progress in regulatory reforms. The Authority highlighted 2025 performance indicators across supervised markets, including a 10.37% rise in gross written insurance premiums over the first nine months of 2025, increases in net assets of investment funds and private pension funds of 13.68% and 9.46% respectively in the first half of 2025, and continued growth in capital market bond issuance via private offers. Discussions also covered progress in aligning Albania’s legal and regulatory framework with the European Union acquis under Chapter 9 on Financial Services and in other chapters where the Authority contributes. The update flagged the Financial Sector Assessment Program (FSAP) as an important upcoming milestone, planned to take place in 2026.
Albania Financial Services Authority 2025-11-07
Albania Financial Services Authority meets IMF mission to review non-bank market trends and regulatory reforms ahead of the 2026 FSAP
The Albania Financial Services Authority reported on a meeting with the International Monetary Fund, discussing non-bank financial markets, supervisory policies, and regulatory reforms. Key performance indicators showed significant growth in insurance premiums, investment funds, and private pension funds in 2025. The Authority noted progress in aligning with EU financial services regulations and highlighted the upcoming Financial Sector Assessment Program in 2026.