# Balkan central banks and EU financial integration > Developing situation record from CLSTR: https://clstr.news/situations/balkan-central-banks-and-eu-financial-integration > Updated: 2026-11-04T11:32:58.000Z. Sources: 11. Developments: 2. Central banks in Kosovo and Bosnia and Herzegovina are advancing efforts to align with European financial standards and infrastructure. In Kosovo, the Central Bank Governor met with the new European Union Ambassador to discuss the stability of the financial sector and progress toward joining the Single Euro Payments Area (SEPA). Discussions focused on meeting legal and technical requirements, such as anti-money laundering legislation and measures to protect the integrity of the euro. The bank is in the final stages of preparing its application to the European Payments Council. In Bosnia and Herzegovina, the Central Bank has reached a milestone in its SEPA application. The European Payments Council confirmed that the country has met several key criteria, although it has requested further documentation and technical clarifications to complete the process. Additionally, the Central Bank signed a cooperation agreement with the European Central Bank to combat euro banknote counterfeiting through the exchange of technical data and expertise. ## Timeline ### 2026-11-04: Central Bank of Bosnia and Herzegovina advances SEPA access and ECB cooperation Bosnia and Herzegovina advances its SEPA access application following EPC feedback, while the Central Bank of Montenegro introduces new debt-to-income limits for consumer and residential loans. 7 sources. https://clstr.news/cluster/central-bank-of-bosnia-and-herzegovina-strengthens-ties-with-ecb ### 2026-10-29: Central Bank of Kosovo Governor meets new EU Ambassador Kosovo Central Bank Governor Ahmet Ismaili met EU Ambassador Dirk Schübel to discuss financial reforms and Kosovo's progress toward joining the Single Euro Payments Area (SEPA). 4 sources. https://clstr.news/cluster/central-bank-of-kosovo-governor-meets-new-eu-ambassador --- Cite as: Balkan central banks and EU financial integration. CLSTR, https://clstr.news/situations/balkan-central-banks-and-eu-financial-integration