Croatian Financial Services Supervisory Agency Regulates Financial Institutions with Stringent Requirements
The Croatian Financial Services Supervisory Agency (Hanfa) is responsible for overseeing financial markets and services in Croatia, ensuring the stability of the financial system and legality of operations conducted by supervised entities.
Primary Objectives
- Promote and preserve the stability of the financial system
- Supervise the legality of supervised entities’ operations
To achieve these goals, Hanfa is guided by principles of:
- Transparency
- Building confidence among financial market participants
- Reporting to consumers
Scope of Activities
Hanfa supervises a wide range of financial institutions, including:
- Stock exchanges
- Investment firms
- Insurance companies
- Pension funds
- Leasing companies
- Others
The agency’s scope of activities includes:
- Adopting implementing regulations
- Supervising business operations
- Issuing licenses and authorizations
- Encouraging the effective functioning of financial markets
Commitment to Sustainable Development
Hanfa is committed to promoting a sustainable development of the financial system through proactive supervision and relevant regulation. The agency believes in building confidence among financial market participants and fostering awareness of:
- Benefits associated with various types of financial products and services
- Risks associated with various types of financial products and services
Climate Change Action
Hanfa has pledged to take action on climate change by encouraging the green and digital transformation of the financial sector and society as a whole. The agency recognizes the importance of individual and collective efforts in achieving this goal and is working with:
- National institutions
- Private sector organizations
- Non-profit organizations
to create conditions for a better life in a sustainable and ecologically healthy society.
Organizational Structure
Hanfa’s organizational structure includes a management team responsible for overseeing the agency’s activities and competence. The agency’s vision is to support a sustainable development of the financial system by:
- Adopting relevant regulation
- Conducting proactive supervision
Contributing to the economic growth of Croatia and protection of financial services users.
Core Values
Hanfa adheres to core values, including:
- Independence, impartiality, and consistency in conduct
- High professional standards
- Responsibility
- Teamwork and cooperation
- Proactive behavior and flexibility
- Focus on results with optimal use of resources