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 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Albania's financial supervision authority launches electronic system

Balkans.com Correspondent in Tirana - 15.03.2010

The Albanian Financial Supervision Authority (AFSA) has launched an electronic reporting system -- AMF In-Reg -- supported by the European Bank for Reconstruction and Development (EBRD) and the Western Balkans Fund.

The system was installed with assistance from consultants Vizor of Ireland, AFSA said in a statement (www.amf.gov.al).

Initially, the platform will focus on insurance companies and pension funds, extending to securities in the near future.

The new reporting package meets IFRS standards, which have been in place in Albania since the end of 2008.

Balkans.com Business News

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