TIRANA, June 11 /ATA/ Financial Supervisory Authority Director General, Ervin Mete, held an online meeting with the new permanent representative of the World Bank in Albania, Emanuel Salinas and Maryam Salim, whose 4-year term as World Bank Manager in our country is about to expire.
The meeting was held at the launch of the technical assistance project funded by the Swiss Secretariat for Economic Affairs (SECO) and with the support of the World Bank for “Strengthening the supervisory capacities of the AFSA for capital markets.”
The project will serve to draft bylaws in pursuit of the new law on capital markets, strengthening risk-based supervision, building oversight capacities, and undertaking initiatives to develop the capital market through increased financial education.
The head of ASFA, Mete highlighted the role that the World Bank has played over the years in increasing the supervisory capacity and improving the regulatory framework of the Authority.
The participants in the meeting underlined the progress made by the Authority in terms of strengthening the regulatory and supervisory role.
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