Regulatory Alerts2009-06-10 | 45/2009Bank of Albania Regulation 45/2009 on the Unified Reporting System
The Supervisory Council of the Bank of Albania issued this regulation to standardize reporting requirements for banks, foreign bank branches, non-bank financial entities, payment and electronic money institutions, and savings and loan associations. It mandates the submission of standardized forms through the Electronic Regulatory Reporting System (ERRS) according to specified periodicities and strict deadlines ranging from ten to fifty days post-period. The Financial Statistics Department oversees report management, while reporting entities remain responsible for data accuracy and face supervisory or penalizing measures for non-compliance.
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