Regulatory Alerts2024-10-02 | 48/2024Bank of Albania Regulation 48/2024 on Minimum Security Requirements for Banking Premises and Monetary Value Transportation
The Bank of Albania’s Supervisory Council issued Decision No. 48/2024 to establish minimum security standards for banking and financial premises handling cash, as well as for the transportation of monetary values. The regulation mandates that covered entities implement separated teller and storage areas, certified electronic monitoring systems, insured physical assets, and contracted private security personnel to ensure continuous operational safety. Applicable to banks, payment institutions, and cash-handling financial entities, the new rules abrogate the 2016 framework and require local police security certification alongside mandatory supervisory inspections.
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