Regulatory Alerts2026-07-03
Added
Regulation on the accounting and external audit of payment institutions and electronic money institutions
This Regulation establishes requirements for the accounting and external audit of payment institutions and electronic money institutions registered by the Central Bank of the Republic of Kosovo. External auditors must be licensed by the Kosovo Council for Financial Reporting and approved by the Central Bank, possessing at least three years of relevant experience, with approval limited to one institution per financial year and applications due before June 30. The same auditor may not serve continuously for more than five years or five consecutive audits, after which a two-year cooling-off period applies. The Central Bank may impose administrative penalties, including written warnings or a prohibition on approval for up to three years, for violations of these provisions.