The Albanian Financial Supervisory Authority (AFSA) organized on 19 – 20th of September a workshop in the framework of the commencement of the trainings for the third phase of the project “Strengthening Supervisory Capacities of AFSA: Focus on the Capital Market Development”. Key objective of the third phase is the professional qualification of the specialists and experts towards the supervision and regulation of the capital market.
In her speech, AFSA’s Executive Deputy Director, Ms. Mimoza Kaci put emphasis on the particular importance of this phase, which offers AFSA’s staff opportunities to deepen further their knowledge on the regulation and supervision of a market characterized by dynamic developments in Albania, such as the case of the securities and investments fund market.
Moreover, Ms. Kaci appraised the expertise provided by the two experts Ms. Sally Buxton and Mr. Mark. St. Giles, as well as the fruitful cooperation between the World Bank, Swiss State Secretariat for Economic Affairs (SECO) and the team from the Ministry of Finance’s, for the progress of this project.
The Executive Deputy Director said that this phase of professional qualification for AFSA’s staff arrives at the proper time, parallel to the structural changes of the Authority, which aim is to address in a better way the developments of the investments fund market and securities. This project started in 2016 with the support of the World Bank, and financed by the Swiss State Secretariat for Economic Affairs (SECO).