RIA Capacity Building

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Second Regulatory Impact Assessment Workshop

Sponsored by SPI Albania partners. Bank of Albania, Association of Albanian Banks and Convergence Programme, a Second Regulatory Impact Assessment was organized to deepen the knowledge of Albania's financial community on Regulatory Impact Assessment techniques with various business cases.

January 11-12, 2010

First Financial RIA Knowledge Transfer Program in Albania

The Convergence Program has organized in 2008 a regulatory impact assessment knowledge transfer program to help the local institution become familiar with RIA techniques. The latter knowledge transfer is preparing for the launch of SPI Albania.

January 31-February 01, 2008:

Session 1 –General Introduction on RIA application

The workshop provided detailed information how Better Regulation RIA process is structured and on how to assess the costs and benefits of financial regulation. Participants have then worked on a practical case study on Collateral Enforcement prepared by Convergence staff. Finally, they have carried out an Impact Assessment analysis (namely the first stage of the RIA process) on 2 regulations used at the Bulgaria FSC knowledge transfer session.

February 21-22, 2008:

Session 2 – RIA on local financial Regulations

Two Working Groups have undertaken a market consultation on proposed regulations on Risks of foreign currency loans and on Transparency. This exercise has been carried out through both desk work and a consultation feedback with local stakeholders.

The 2 WG were assigned the following issues for which possible regulatory interventions are being considered:

  • Foreign Loans: “Proposed regulation on risk management of foreign currency loans to unhedged borrowers”;
  • Regulation on Transparency: Proposed Amendment to Guideline N.49 22.04.1999 on “Transparency of the banking operations and services” and Proposed Regulation on “Minimum Requirements for disclosure of information by banks and branches of foreign banks”

WG Activity Monitoring

WG 1- Foreign Loans

Coordinator:Mr. Gerond Ziu; Members: Mrs. Brisilda Bala (BoA); Mr. Dorian Collaku (BoA); Mr. Ilirjan Ligacaj (Union Bank); Mr. Roden Pajaj (BoA); Mr. Ervin Sahatciu (BoA); Mr. Klodion Shehu (BoA);Mr. Bledar Shella (BoA).

Documents Produced


WG 2 - Regulation on Transparency

Coordinator: Mrs. Ermira Curri; Members: Ms. Elvana Troqe (BoA);Ms. Besiana Bufi (BoA); Mrs. Alba Fagu(BoA); Ms. Anila Kola (BoA); Ms. Miranda Ramaj (BoA).

Documents Produced

Facilitators: Mr. Brogi/ Mr. Passamonti

April 18, 2008

RIA Final Presentations: Session 3

The working groups will present their final reports on main Findings and Policy Recommendations to the Albania SPI Committee to conclude the RIA Knowledge Transfer Program whose skills will be applied and practiced further within the SPI Albania framework.