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Regulation on Conditions for Performing Key Functions in a Pension Insurance Company

The Croatian Financial Services Supervisory Agency (HANFA) establishes detailed conditions for key function holders in pension insurance companies, requiring them to possess Croatian language proficiency, specific academic qualifications (minimum 300 ECTS), and at least three years of relevant management experience. The regulation mandates that companies assess candidates' good reputation and integrity by reviewing criminal records, professional conduct, and financial stability before appointment, and must dismiss holders if these conditions cease to be met. Compliance with these requirements must be documented through specific evidence, including diplomas, work experience records, and criminal clearance certificates, within six months of the regulation's entry into force.

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Croatia

Croatian Financial Services Supervisory Agency

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