Regulatory Alerts2021-01-08
Added · Updated
Opinion of Hanfa on Concluding Leasing Agreements Electronically and the Concept of 'Agreement Concluded in Writing'
The Croatian Financial Services Supervisory Agency (Hanfa) issued a legal opinion confirming that leasing agreements concluded electronically satisfy the statutory requirement for written form. The opinion establishes that such agreements meet legal standards when parties agree on essential terms and utilize qualified electronic signatures or other secure remote identification methods recognized under anti-money laundering regulations. This ruling clarifies that electronic contracts are legally equivalent to paper-based ones provided they ensure the certainty of content and the identity of the declarant.
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