Central Bank of Kosovo Governor meets new EU Ambassador

Ahmet Ismaili, Governor of the Central Bank of the Republic of Kosovo (BQK), met with the new European Union Ambassador to Kosovo, Dirk Schübel. During the meeting, Ismaili highlighted the stability and resilience of Kosovo's financial sector and expressed gratitude for the EU's ongoing support in economic and financial development.

A primary focus of the discussion was Kosovo's integration into the Single Euro Payments Area (SEPA). Governor Ismaili and Deputy Governor Dardan Fusha presented progress regarding legal and technical requirements for the SEPA application, including legislative changes aimed at preventing money laundering and terrorist financing, as well as measures to combat counterfeiting and protect the integrity of the euro.

The Central Bank is currently in the final stages of preparing its application to the European Payments Council (EPC). Additionally, the parties discussed the development of a fast payment system through the TIPS Clone project to modernize payment services and align with European infrastructure.