DIFK staff studied the Reporting and Compensation Information System at the DIA in Albania
Press Release
On the 3rd and 4th of March 2016, staff of the Deposit Insurance Fund had a study visit to the Deposit Insurance Agency in Albania to study the Reporting and Compensation Information System (SIRK), being in the development stage of the Depositors’ Compensation System (DCS).
The objective of this meeting was to exchange experiences on data reporting information systems with member banks of the deposit insurance scheme.
Topics presented were: Overview of Reporting and Compensation Information System and its alignment with the law on ‘Deposit Insurance’ and other legal acts; presentation of the modules of the system (premium and compensation), including online reporting by banks (criteria of loading and validation); data processing in the system, and relevant fields of the reporting by banks and data checks by SIRK, validation of premium accuracy based on past reports, module of reports generated by SIRK, SIRK assistance on onsite examination.
The visit organized by DIA included a visit to the Museum of the Bank of Albania.