The Albanian Financial Authority, on its meeting Dt. 07.13.2007, granted Tirana Stock Exchange with infinite validity license. This was done after TSE fulfilled successfully the preliminary criteria/conditions imposed by the Authority to obtain an infinite license. The license empowers TSE To operate as a securities market for the trading of Government / Corporate Debt Securities and Capital securities with no time restriction. This was a big event for TSE, since for the first time in its history TSE acts as an organized securities market on an unlimited time- base, after several periodical – limited licenses since 2002.