The Financial Supervisory Authority presented its annual activity report for 2018 on Monday to the Parliamentary Committee on Economy and Finance.
Executive Director Ervin Koçi underlined the positive developments in the financial markets, one of which was the launch of the Albanian Securities Exchange, ALSE operations, the first functional exchange in the country’s history. Since February last year, ALSE enables trading of bills and bonds of Albanian government, while this year is expected to start trading of securities of private companies.
Last year, AFSA presented the 5-year strategy of market development, where an important target is the expansion of the financial market. According to the FSA, the strategy aims to promote the development of a competitive and efficient market, enabling the creation of innovative products and increasing public confidence.