Regulatory Alerts2024-01-01
Rulebook on Determining the Net Asset Value and Calculation Unit Value of a Mandatory Pension Fund – Unofficial Consolidated Text (NN, Nos. 128/17, 114/18, 2/20, 139/23 and 51/24)
The Croatian Financial Services Supervisory Agency (Hanfa) issued this Rulebook to establish precise methodologies for calculating the net asset value and calculation unit of mandatory pension funds. It mandates pension management companies and depositaries to implement standardized internal procedures, accounting policies, and valuation techniques for financial instruments, derivatives, and OTC contracts. Furthermore, it defines active market criteria, reporting deadlines to the Central Insurance Register, and documentation retention requirements to ensure transparent, consistent, and auditable fund valuations.
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