The Albanian Financial Supervisory Authority (AFSA) signed on 11 September 2017, a cooperation agreement with the General Directorate of Taxation on “Joint inspections of insurance companies and other subjects under AFSA’s supervision as well as exchange of information.”

The signing of this agreement serves as basis for the cooperation between the two institutions with the aim to conduct joint inspections between the Financial Supervisory Authority and the General Directorate of Taxation, in compliance with the deadlines and procedural rules in force for the control and exchange of information in function of the above-mentioned inspections.

The object of joint inspections will be the implementation of legal provisions and by-laws in force which regulate the activity of supervised financial markets, lawfulness of expenses implementation by insurance companies, compulsory insurance policies in the transport sector, as well as the lawfulness of the subjects’ activity under AFSA’s supervision.

For further information contact [email protected]