Central Bank of the Republic of Kosovo hosts public lecture on global financial stability and regulatory priorities for euroized economies

At a public lecture held as part of its regional conference in Pristina, the Central Bank of the Republic of Kosovo brought together Governor Ahmet Ismaili and International Monetary Fund Monetary and Capital Markets Department Director Tobias Adrian to discuss current global financial stability conditions. The discussion focused on what recent global developments mean for small, open and euroized economies, including macrofinancial uncertainty, shifts in global financial conditions, non-bank financial intermediation and the risks these trends can pose to financial stability. The lecture also covered the need for a resilient banking sector, prudent macroprudential policies, effective risk-based supervision and stronger institutional capacity to identify, monitor and address systemic risks. Participants also examined structural changes affecting finance, including digital payments and digital finance, artificial intelligence, cyber risks, crypto-assets and digital money, with emphasis on regulatory and supervisory frameworks that support safe innovation while preserving financial stability, market integrity and consumer protection. The central bank linked these themes to its broader work on regulatory and supervisory reform and alignment with European standards.