12.11.2018 - The Association of Securities Trading in Albania (ASTA) participated in the meeting held by the Albanian Financial Supervisory Authority AMF to present with the interest groups the new draft-law "On Capital Market in Albania". The consultants of the World Bank involved on the preparation of the draft presented during the event the innovations of this draft for capital market development based on the latest European directives that ensure the proper functioning and control of this potential sector. ASTA President, Mr. Blodin Çuçi expressed in this meeting the comments of the association in order to improve the quality of the draft law. Further recommendations were also made by other market operators such as brokers, Investment Funds and Microfinance Institutions.
The experts of the Financial Supervisory Authority and World Bank assesed as very important the suggestions and expresed theri commitment to consider the comments in accordance with the process of harmonizing the legislation with European Union directives.