Kurti and Ismaili discuss Kosovo membership in SEPA

Republika Kosovo Prime Minister Albin Kurti has hosted the Kosovo Central Bank ( ( SEPA).

According to the prime minister’s office announcement, formal delivery of application to the European Tax Council ( The EPC, following the introduction of the Law to Prevention of Money Laundering and Combating Terrorism Financing.

Governor Ismaili has informed Prime Minister Kurti that the financial sector is stable and that Kosovo’s Central Bank has financial stability.

Similarly, Kurti has been announced for progress in reforms focused on strengthening financial supervision, modernising financial infrastructure and linking the regulatory framework with European Union standards.

Also discussed at the meeting is the development of a quick payment system, T The IPS CIA, which, along with SEPA, will affect the reduction of transaction costs and increased payment efficiency.

The importance of co-ordination of institutions for the implementation of reforms and commitments undertaken by Kosovo under the Development Plan has been stressed, as well as bringing further legislation to the EU.

Prime Minister Kurti and Governor Ismaili have expressed the will for continued co-operation, aimed at meeting strategic priorities for financial stability, modernisation of the sector and progress in European integration, respecting the mandate and independence of the Central Bank of Kosovo.

 

Source Layer: RTKLive