Regulatory Alerts2016-01-01
Regulation on the Application of the Leasing Act and Other Regulations to Leasing Companies in Liquidation (Official Gazette 60/14 and 57/16)
The Croatian Financial Services Supervisory Agency issued this regulation to define the specific obligations, reporting requirements, and exemptions for leasing companies undergoing liquidation. It mandates that liquidators notify the Agency electronically within three days of a liquidation decision and submit detailed financial and operational reports within thirty days. The regulation also grants exemptions from certain capital and organizational requirements while establishing strict procedures for public disclosure and document submission during the winding-up process.
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