2025-01-01
The Croatian Parliament enacted the Capital Market Act to transpose key European Union directives and regulations into national law, establishing the regulatory framework for investment firms, market operators, and financial instruments. The Act designates the Croatian Financial Services Supervisory Agency (HANFA) as the competent authority responsible for supervision, prudential oversight, and enforcement of market integrity rules, including the prohibition of market abuse. It defines essential legal terms and operational requirements for entities such as investment companies, central securities depositories, and algorithmic traders to ensure compliance with EU standards.