Regulatory Alerts2025-02-18
Corporate Governance Code – NEW (Effective from 1 January 2025)
The Croatian Financial Services Supervisory Agency (HANFA) and the Zagreb Stock Exchange issued this revised Corporate Governance Code, which mandates listed companies to adopt higher transparency and accountability standards effective 1 January 2025. The Code requires dualistic and monistic companies to implement formal appointment procedures, maintain at least 40% gender balance in leadership, manage conflicts of interest rigorously, and submit annual compliance and practice questionnaires. By aligning Croatian regulations with G20/OECD principles, it establishes binding reporting frameworks and clear governance boundaries to strengthen long-term sustainability, investor confidence, and stakeholder value.
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