The Albania Financial Services Authority published an update on its ongoing cooperation with experts from the United States Department of the Treasury’s Office of Technical Assistance (OTA) to strengthen Albania’s non-bank financial markets, with a particular focus on developing the country’s capital market. In a recent meeting, AMF Executive General Director Adela Xhemali and her team reviewed the progress of the technical assistance with OTA representatives Arthur Simonson and Ralph Scholtz and discussed next steps toward establishing a functional and sustainable capital market. The cooperation spans several areas including information technology, the insurance market, consumer protection and financial education, while the project’s stated objective includes expanding the range of financial instruments and encouraging bond issuance to create new financing alternatives for Albania’s economy.
Albania Financial Services Authority 2026-01-20
Albania Financial Services Authority advances US Treasury OTA technical assistance to strengthen non-bank financial markets and develop the capital market
The Albania Financial Services Authority is collaborating with the U.S. Treasury’s Office of Technical Assistance to enhance Albania’s non-bank financial markets, focusing on capital market development. Recent discussions reviewed progress and outlined next steps for establishing a sustainable capital market. The cooperation covers IT, insurance, consumer protection, and financial education, aiming to expand financial instruments and promote bond issuance.