TIRANA, March 13 – Adela Xhemali, CEO of the Financial Supervisory Authority (AMF), met with senior World Bank officials led by Rekha Reddy, Financial Sector Officer for Europe and Central Asia at the World Bank in Washington.

AMF said the meeting focused on financial market reforms and support for Albania’s EU integration, within the preparation of a Development Policy Financing (DPF) program.

Participants discussed areas where the World Bank can assist in advancing priority reforms in the financial sector.

They examined collaboration opportunities for capital market development, regulatory implementation for crypto-assets, improvements to the private pensions framework, and legislative updates in insurance and reinsurance.

Xhemali emphasized the importance of continuous World Bank support, not only during the transposition of EU sectoral directives into the AMF’s legal and regulatory framework, but also during implementation to ensure effective application by both the authority and supervised market operators.

She also praised the World Bank’s ongoing assistance, noting that it has been crucial for strengthening institutional capacities and advancing reforms.

/a.p./