The Central Bank of the Republic of Kosovo reported that Governor Ahmet Ismaili met in Vienna with Helmut Ettl, Executive Director of Austria’s Financial Market Authority (FMA), to strengthen cooperation between the two institutions. Talks covered banking, pension fund and insurance supervision, resolution mechanisms, and the regulation of crypto-assets and other financial innovations. The Central Bank of the Republic of Kosovo presented recent developments in Kosovo’s financial sector, including reforms in banking and insurance supervision, resolution frameworks, digitalisation of financial services, its regulatory approach to crypto-assets, and ongoing work on a capital markets framework. The discussions also explored extending the existing memorandum of understanding to cover banking and pension supervision, resolution, financial stability, consumer protection, and crypto-asset supervision, alongside technical assistance and knowledge exchange on Solvency II implementation, risk-based pension supervision, market conduct and consumer protection, and ESG risk management for insurance and pensions; the FMA reiterated its willingness to support capacity building and alignment of Kosovo’s legal and regulatory framework with European Union standards.
Central Bank of the Republic of Kosovo 2025-09-05
Central Bank of the Republic of Kosovo discusses expanding cooperation with Austria’s Financial Market Authority across banking, pensions and crypto-asset oversight
The Central Bank of the Republic of Kosovo and Austria’s Financial Market Authority (FMA) discussed enhancing cooperation in banking, pension fund, and insurance supervision, as well as crypto-assets regulation. The Vienna meeting also addressed extending their memorandum of understanding to include financial stability, consumer protection, and technical assistance. The FMA expressed support for aligning Kosovo’s regulatory framework with European Union standards.