Regulatory Alerts2012-01-01
Act on the Croatian Financial Services Supervisory Agency - Unofficial Consolidated Text
The Croatian Parliament enacted this law to establish the Croatian Financial Services Supervisory Agency (Fina), a single independent authority responsible for supervising financial markets, securities, insurance, and pension funds. The Act defines the Agency's legal status, governance structure, supervisory powers, and operational principles, while consolidating the functions of the former Securities Commission, Pension Fund and Insurance Supervisory Agency, and Insurance Companies Supervisory Directorate. It mandates the transfer of staff, assets, and regulatory responsibilities to the new Agency, ensuring a unified regulatory framework for financial services in Croatia.
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