The Albania Financial Services Authority published the agenda for its Board meeting scheduled for 30 June 2025, covering proposed internal information technology security policies and a set of supervisory, authorisation and governance matters across investment services, pensions, collective investments and insurance. Items for consideration include information on execution of the Authority’s 2025 budget for the first four months, a proposed on-site inspection at Union Bank relating to the provision of investment services in securities, and an update on the financial position of the private pension fund and collective investment undertaking markets based on financial statements as at 31 March 2025. The Board is also due to vote on approving the open-ended private pension fund Master Pension Fund and licensing the open-ended public offer investment fund Credins Dynamic, both administered by Credins Invest, alongside approvals for senior appointments at Albsig Jete and Intersig VIG and a draft decision on authorising insurance agent activity.
Albania Financial Services Authority 2025-06-23
Albania Financial Services Authority publishes board agenda including IT security policies, Union Bank on-site inspection and approvals for Credins-managed funds
The Albania Financial Services Authority released the agenda for its Board meeting on 30 June 2025, addressing IT security policies and supervisory, authorisation, and governance issues across various financial sectors. Key items include a proposed inspection at Union Bank, updates on the financial position of private pension and collective investment markets, and votes on fund approvals and senior appointments.