Regulatory Alerts2023-07-07
Guideline on the Preparation and Submission of Financial and Statistical Reports by Entities with Insurance and/or Reinsurance Distribution Licenses (FSI-PO) - until 31.12.2025.
The Croatian Financial Services Supervisory Agency (Hanfa) issued this guideline to standardize the electronic preparation, XML formatting, and submission deadlines for semi-annual and annual financial and statistical reports by insurance and reinsurance distribution entities. It mandates specific data fields, LEI code requirements, regional computer settings for input, and a structured SP-1 form detailing commissions by insurance type, while establishing clear submission windows (31 March for annual reports and 31 July for semi-annual ones). Furthermore, it clarifies electronic signing procedures via external service providers with valid powers of attorney and outlines technical fallback mechanisms for delayed submissions, effectively replacing the December 2022 directive.