Working Group on Blocking of Bank Accounts

Meeting I

On the issue of blocking and unblocking the taxpayers’ accounts by the commercial banks based on the relevant orders issued by the tax and local fees directorates within municipalities, with the participation of representatives from:

  • the Municipality of Tirana and the Tax and Local Fees Directorate
  • the Albanian Association of Banks
  • second-tier banks
  • business chambers (AmCham, Confindustria Albania)
  • MFE

During the discussions, it came out as necessary to intervene in the sub-legal framework and a proposal was drafted and submitted to MFE for amending point 90 of Instruction no. 24/2008 “On Tax Procedures”.

1st Meeting of Working Group on the Blocking of Bank Accounts, Tirana, 5 February 2020

 

Meeting II

Convened with a special request by the Deputy Minister of Finance and Economy, Ms Vasilika Vjero, the second meeting of this working group was attended by around 20 participants: MFE, Municipality of Tirana, DPTTV, GTD, Association of Banks, Amcham Albania, Confindustria Albania, BKT, and Raiffeisen Bank Albania. During the meeting, the participants discussed technically all the issues brought by the business representatives specifically on the UMF24, and an improved draft order was agreed to be presented to the MFE within November 2020.

 

2nd Meeting of the Working Group on the Blocking of Bank Accounts, Tirana, 22 October 2020

Investment Council is supported by the Ministry of Finance and Economy, the EBRD and the Swiss State Secretariat for Economic Affairs (SECO)