Croatian Financial Services Supervisory Agency (HANFA)
Regulates Croatian capital markets, insurance, and pension funds.
Tags:Forex RegulationBasic Information
The Croatian Financial Services Supervisory Agency (HANFA) is the national authority responsible for supervising financial markets and services in Croatia. Established as an independent legal entity with public authority, HANFA operates under the Act on the Croatian Financial Services Supervisory Agency and other relevant legislation. It reports to the Croatian Parliament and prioritizes transparency, consumer protection, and financial system stability.
Background and History
HANFA was created to consolidate oversight of Croatia’s financial sector, including capital markets, insurance, pensions, and investment services. Its establishment aligns with EU directives, such as Solvency II, to harmonize risk-based supervision across member states. The agency has actively collaborated with the European Commission and EIOPA to enhance prudential supervision tools and stress-testing frameworks.
Legal Authority and Regulatory Framework
HANFA’s authority derives from Croatian law and EU regulations. Key mandates include:
– Supervising compliance with the Act on the Croatian Financial Services Supervisory Agency.
– Enforcing Solvency II standards for insurance companies.
– Monitoring investment funds, securities issuers, and pension schemes.
– Regulating leasing, factoring, and financial intermediaries.
Core Responsibilities and Supervised Sectors
HANFA oversees:
– Capital Markets: Stock exchanges, investment firms, brokers, and securities issuers.
– Insurance: Insurance/reinsurance companies and intermediaries.
– Pension Funds: Management companies and pension insurers.
– Investment Services: UCITS funds, alternative investment funds, and asset managers.
– Financial Intermediaries: Leasing, factoring, and tied agents.
Contact Information
Address: Franje Račkoga 6, 10000 Zagreb, Croatia.
Website: https://hanfa.hr
LinkedIn: HANFA (Croatian Financial Services Supervisory Agency)
How to Verify Regulatory Status
To confirm if an entity is regulated by HANFA:
1. Visit HANFA’s official website and navigate to the Supervised Entities section.
2. Use the public register to search for licensed firms by name or registration number.
3. Cross-check details with HANFA’s monthly reports or contact their supervision department directly.
