Annual Report 2010 03 August 2011 - Banka Qendrore e ...

Annual Report 2010
CBK
7. Regional and International Cooperation
7.1. International Agreements
Also in 2010, CBK continued its engagements towards signing international memorandums
of understanding with similar institutions and agencies from different countries. The
following memorandums of understanding have been signed during the year:
Memorandum of Understanding between CBK and Insurance Supervision Agency of
Montenegro.
Memorandum of Understanding between CBK and Insurance Supervision Agency of the
Republic of Macedonia.
Memorandum of Understanding on mutual assistance and information exchange on the
issue of securities and insurance supervision between CBK and Bulgarian Financial
Supervision Commission.
These mutual agreements will certainly increase the quantity and quality of the necessary
information to ensure an effective and efficient supervision of financial institutions by the
signatory parties and will enable exchange of mutual experience and staff training in
relevant fields.
7.2. International Promotion and Representation
CBK continued to be in 2010 an organizer and co-organizer of important events in Kosovo
financial sector and economy. Thus, it organized the following important events during last
year:
The conference on the occasion of publication of the first edition of the Financial Stability
Report in Kosovo, where among the guests were the Governor of Central Bank of Turkey
and the Governor of Bank of Albania;
The conference on the topic “Study Promotion of Remittances in Kosovo 2010”, prepared in
close cooperation between CBK and USAID-it, IMF, Ministry of Economy and Finance,
Kosovo Statistical Office. This Study and the conference organized therein, raised a better
awareness on understanding of flow, utilization and effect of the migrant remittances have
on people’s life, as well as their impact of Kosovo economy in general;
The conference on the topic “Insurance perspective in the light of future developments”,
organized in cooperation with the Kosovo Association of Insurance Companies. Keynote
speakers in this conference were representatives from Kosovo institutions, regional
regulatory authorities (Slovenia, Montenegro, Macedonia and Albania) and insurance
companies, including representatives from the Executive Committee of International
Insurance Supervision Association;
The conference on the topic “Finance resources for economic growth: Has Kosovo sufficient
money” organized in cooperation with the International Civilian Office (ICO). In addition to
CBK, the speakers in this conference were representatives from ICO, Liaison Office of the
European Commission, IMF, Ministry of Economy and Finance, representatives from
Kosovo financial sector and from the institutions dealing with macroeconomic analyses.
The seminar on the topic “A step closer to liberalization of compulsory motor liability
insurance”, organized by CBK in cooperation with the World Bank.
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