Today at June 1st, 2018, the Albanian Securities Exchange ALSE received the expert from World Bank Mrs. Adriana Tanasoiu, who is assisting the Albanian Financial Supervisory Authority for studying the market related with the central securities depository in Albania. Mrs. Tanasoiu is an expert with a long experience in the securities industry, because of the long term commitment as a top level manager at the Central Securities Depositary in Rumania.
During the meeting it was discussed regarding the opportunities of clearing and settlement process of the securities that will be traded at ALSE, focusing not only at the Government Securities Depositary (AFISaR), which is administered from Bank of Albania, but also for the importance of existence of another depositary which will administer the process of clearing and settlement of transactions with securities issued by businesses (shares, corporate bonds, commercial paper etc.). Likewise, , a special attention in this meeting was given to the schema of clearing and settlement of cash funds through AIPS system administered from Bank of Albania.