Regulatory Alerts2025-01-01
Regulation on Audit in Pension Insurance Companies (NN, Nos. 131/24 and 139/25)
The Croatian Financial Services Supervisory Agency (HANFA) issued this Regulation to define the scope, content, and assessment criteria for audits conducted in pension insurance companies. It mandates auditing firms to prepare comprehensive reports covering technical provisions, asset investments, capital adequacy, accounting books, risk management, information systems, and key functions, each requiring a descriptive assessment ranging from fully satisfactory to completely unsatisfactory. The Regulation establishes strict submission deadlines of four months post-fiscal year, specifies written delivery methods, and supersedes prior audit regulations while aligning with EU digital operational resilience rules.
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