The Bank of Albania's Supervisory Council approved a new regulation on digital operational resilience and related amendments to the existing rule on the use of information and communication technology by entities licensed by the central bank. In the same meeting, it also approved the Bank of Albania's participation in the International Monetary Fund's Regional Capacity Development Center for Southeast Europe. The new regulatory package responds to the digitalization of banking and financial services and the rise in information and communication technology and cyber risks for banks and other financial entities. It is intended to strengthen how those risks are managed and also forms part of the Bank of Albania's continued alignment of its supervisory framework with European Union acquis requirements under the country's EU integration process. On regional cooperation, the IMF's new center will expand technical assistance for the Western Balkans and Moldova across fiscal policy, monetary policy, macroeconomic frameworks, statistics and legal issues. The Bank of Albania will participate and cooperate with the center as part of efforts to strengthen macroeconomic stability and institutional and policymaking capacity.
Bank of Albania2026-07-01
Bank of Albania approves digital operational resilience rules for licensed entities and joins IMF regional capacity center
The Bank of Albania approved a new regulation on digital operational resilience and amended its existing ICT rulebook for entities it licenses. The changes are aimed at strengthening management of technology and cyber risks as banking and financial services become more digital, while also supporting alignment with European Union requirements. It also approved participation in the IMF's Regional Capacity Development Center for Southeast Europe.