TIRANA, January 14 – Adela Xhemali, Executive Director of the Albanian Financial Supervisory Authority, participated in the Euromoney Regional Forum for Central and Eastern Europe in Vienna. She joined a panel on “Albania’s EU Membership: Is the Financial System Ready?” and presented Albania’s progress in aligning the non-bank financial sector with European Union standards.

Xhemali highlighted the growing role of insurance, investment funds, private pensions, and capital markets in supporting economic growth and financial stability. She described the authority’s structured approach to applying a supervisory framework based on Solvency II principles and noted that ongoing reforms, guided by the World Bank, strengthened risk-based supervision, corporate governance, and capital resilience.

She added that these reforms improved transparency, regulatory predictability, and investor confidence, supporting Albania’s path to EU membership. The panel also included the Minister of Economy and Innovation and the Governor of the Bank of Albania. The forum gathered finance ministers, central bank governors, major banks, corporations, and global investors to exchange ideas and shape finance and investment strategies in the region.

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