Regulatory Alerts2022-01-13
Guidance on the Application of the Chart of Accounts for Central Counterparties (CCPs)
The Croatian Financial Services Supervisory Agency (Hanfa) issued this Guidance to standardize the application of the chart of accounts for Central Counterparties (CCPs) in Croatia. It mandates CCPs to maintain accounting records and financial reports aligned with the prescribed chart of accounts, ensuring compliance with applicable regulations and International Financial Reporting Standards (IFRS). The document details the classification, recognition, measurement, and reporting requirements for all asset classes, liabilities, revenues, and expenses across ten account groups, thereby ensuring transparent financial oversight and operational consistency within the clearing system.
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