News

03.06.2020

25th Meeting of the Board

On 3 June 2020, the Board of the Croatian Financial Services Supervisory Agency held its 25th meeting and adopted the following decisions of public interest:

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06.05.2020

Hanfa will continue adopting measures and issuing recommendations to support business continuity of the financial services sector and contribute to the stability of the financial system

In order to support business continuity of financial services institutions, offer them operational relief in these extraordinary circumstances, but also to ensure and facilitate the functioning of the overall economy and protect the interests of natural and legal persons that use financial services, Hanfa has adopted the following measures.

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06.04.2020

Hanfa issues recommendations to leasing companies with respect to extraordinary situation caused by the coronavirus pandemic and the Zagreb area earthquake

In accordance with its authority to promote, organize and monitor measures for the efficient functioning of financial markets, and in order to mitigate the negative effects on the economy as a whole, on 30 March 2020 Hanfa sent a letter with recommendations and desired objectives to all leasing companies with the aim to mitigate the negative impact of extraordinary events on the economic activity, business stability and the protection of users of leasing services.

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30.03.2020

Impact of COVID-19 pandemics on financial reports publication deadlines

The activities of issuers with respect to publication of regulated information (including financial reports), as well as powers and competence of Hanfa in this regard, are regulated by the Capital Market Act, and issuers are obliged to act in accordance with regulated information publication deadlines.

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26.03.2020

Hanfa Board bans insurance companies from the payment of dividend and ensures the earnings are retained in Croatia

The Board of the Croatian Financial Services Supervisory Agency (Hanfa) at its meeting held today adopted a decision banning the insurance companies in Croatia and the Raiffeisen Pension Insurance Company from paying dividends from realised profits until 30 April 2021. The decision shall enter into force on the day of its adoption. As a result, about HRK 4 billion of retained earnings in balance sheets of insurance companies will be retained in Croatia.

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23.03.2020

At an extraordinary meeting, Hanfa Board relieves issuers from the payment of fees for 2020, and bans the company OTP osiguranje d.d. from the payment of dividend

At its extraordinary meeting held today, The Board of the Croatian Financial Services Supervisory Agency (Hanfa) adopted a decision relieving issuers from the payment of fees for the year 2020. Hanfa is thus trying to help ease the current situation and reduce their operating costs. The decision shall enter into force on the day of its adoption and it will be published on Hanfa's website.

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