The Albania Financial Services Authority held an official meeting with the Bank of Albania to reinforce inter-institutional cooperation, focusing on maintaining financial stability as linkages between the banking and non-banking sectors increase. The discussion centred on building a clearer framework for coordinated supervision of financial groups and financial conglomerates in line with European standards and best practices. The authorities highlighted coordinated supervisory approaches and effective information exchange as key tools to identify and address emerging risks in a timely way, and to strengthen cooperation mechanisms to improve supervisory efficiency. The meeting also linked closer cooperation to Albania’s European integration process, noting the need for sustained coordination to meet obligations arising from negotiations on relevant acquis communautaire chapters where both regulators have key roles.
Albania Financial Services Authority 2026-01-29
Albania Financial Services Authority and Bank of Albania step up cooperation on financial stability and EU-aligned supervision of financial groups
The Albania Financial Services Authority and the Bank of Albania met to enhance cooperation, focusing on financial stability amid growing banking and non-banking linkages. They discussed a framework for coordinated supervision of financial groups, aligning with European standards. The meeting emphasized coordinated supervisory approaches and effective information exchange to address risks and support Albania's European integration.