Common Contracts
2 similar Cooperation Arrangement contracts
COOPERATION ARRANGEMENTCooperation Arrangement • July 9th, 2021
In view of the growing globalisation of the world’s financial markets and the increase in cross- border operations and activities of financial institutions, the Bank of Albania and the Single Resolution Board (“SRB”) have reached this Cooperation Arrangement (“CA”) on the exchange of information and cooperation in connection with the Resolution planning and the implementation of such planning with respect to Entities with cross-border operations. The Bank of Albania and the SRB express, through this CA, their willingness to cooperate with each other in the interest of fulfilling their respective statutory objectives; enhancing communication and cooperation; assisting each other in the planning and the conduct of an orderly Resolution of an Entity; and maintaining confidence and financial stability in Republic of Albania (“Albania”) and the European Banking Union.
COOPERATION ARRANGEMENTCooperation Arrangement • November 7th, 2018
In view of the growing globalisation of the world’s financial markets and the increase in cross-border operations and activities of financial institutions, the Bank of Albania and the Single Resolution Board (“SRB”) have reached this Cooperation Arrangement (“CA”) on the exchange of information and cooperation in connection with the Resolution planning and the implementation of such planning with respect to Entities with cross-border operations. The Bank of Albania and the SRB express, through this CA, their willingness to cooperate with each other in the interest of fulfilling their respective statutory objectives; enhancing communication and cooperation; assisting each other in the planning and the conduct of an orderly Resolution of an Entity; and maintaining confidence and financial stability in Republic of Albania (“Albania”) and the European Banking Union.
