On November 16, 2018, the Albanian Association of Banks (AAB) organized a round table on “Regulatory requirements regarding the internal audit role in banks”, considered as one of the priorities of the AAB Internal Audit Committee, in the context of the on-going changes in the regulatory framework that affect inter alia Internal Audit, such as: internal control system, internal capital adequacy assessment process (ICAAP), for consolidated supervision, for emergency intervention plans, operational risk, etc. During the meeting were discussed about the regulatory requirements affecting the internal auditor’s function and expectations in this regard.
Mrs. Dorida Stambolla, Head of Internal Audit at Raiffeisen Bank, held a presentation introducing “The role of internal audit in banks and the implementation of Bank of Albania’ regulations”, as well as analyzing the impact of regulations on internal audit. Participants were organized into working groups to share the experiences that each bank has in implementing and interpreting the regulatory framework, as well as presenting the issues and concerns identified by each working group. The meeting was attended by representatives of the Bank of Albania, heads of audit departments and senior specialists in member banks.