Regulatory Alerts2020-01-01
Rulebook on Main and Feeder Alternative Investment Funds (Official Gazette Nos. 25/19 and 15/20 – Unofficial Consolidated Text)
The Croatian Financial Services Supervisory Agency (HANFA) issued this Rulebook to prescribe the establishment, investments, and operational procedures for main and feeder alternative investment funds (AIFs). It mandates comprehensive information exchange agreements between the fund managers, depositaries, and auditors to ensure regulatory compliance and operational alignment. Furthermore, it establishes strict investor notification timelines, granting shareholders the right to redeem or receive payment for their shares without exit fees within 30 days of receiving reorganization notices.
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