Regulatory Alerts2008-08-29 | 60/2008Regulation 60/2008 on Minimum Disclosure Requirements for Banks and Foreign Bank Branches
The Bank of Albania’s Supervisory Council issued Regulation 60/2008 to establish minimum disclosure requirements, methods, and timelines for licensed banks and foreign bank branches. The regulation mandates the periodic publication of qualitative and quantitative data across six core categories, including organizational structure, financial performance, capital adequacy, risk exposures, and accounting policies. By specifying quarterly reporting schedules, standardized metrics, and supervisory enforcement mechanisms, the rule enhances sector transparency, supports market discipline, and ensures sustainable banking operations.
Share