8th Meeting

03/03/2022

On 3 March 2022, the Board of the Croatian Financial Services Supervisory Agency held its 8th meeting and adopted the following decisions of public interest:

  1. Notification determining that the company Raiffeisen društvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima d.d. with its registered office in Zagreb, Petrinjska 59, personal identification number (OIB): 14148900600, has acted in accordance with the recommendations and supervisory measures referred to in the Decision of the Croatian Financial Services Supervisory Agency CLASS: UP/I 972-05/20-02/05, REGNO: 326-01-440-441-20-23, of 18 December 2020, and has eliminated deficiencies relating to internal and external control systems and systems of supervision of the work of persons authorised to offer pension schemes of the pension company on the basis of the contract on business cooperation (sales representatives) and to the training of sales representatives, established during the on-site examination; and terminating the targeted on-site examination procedure carried out in the Company and voluntary pension funds managed by the Company
  1. Decision determining that the supervised entity Privredna banka Zagreb d.d., Radnička cesta 50, Zagreb, personal identification number (OIB): 02535697732, has eliminated the illegalities and irregularities whose elimination was ordered by the Decision of the Croatian Financial Services Supervisory Agency (CLASS: UP/I 974-09/20-01/03, REGNO: 326-01-50-51-511-21-7) of 25 February 2021, in the following manner: it has improved the quality of its insurance distribution business as regards insurance class 02 - Health insurance, which it distributes as an intermediary of the insurance company CROATIA osiguranje d.d., Zagreb, Vatroslava Jagića 33, personal identification number (OIB): 26187994862, and insurance class 23 - Life or annuity insurance where the investment risk is borne by the policyholder, which it distributes as an intermediary of the insurance company CROATIA osiguranje d.d. and the insurance company GENERALI OSIGURANJE d.d., Zagreb, Slavonska avenija 1B, personal identification number (OIB): 10840749604; it has improved its business process of conducting insurance distribution business, i.e. the process of providing pre-contractual information to clients relating to insurance classes 02 and 03, and now provides clients, while proposing the conclusion of the insurance contract or providing advice on insurance contracts or carrying out other preparatory activities for the conclusion of the insurance contract, with the entire documentation; and has improved its business process of conducting insurance distribution business relating to the (non)provision of advice regarding the insurance class 23; and terminating the on-site examination procedure carried out in the Supervised Entity (CLASS: UP/I 974-09/20-01/03)
  2. Decision granting authorisation to conduct insurance and reinsurance distribution business to the pre-company HORIZONT broker d.o.o. za brokerske poslove u osiguranju i reosiguranju, with its registered office in Zagreb
COOKIES

We need the necessary cookies in order for the site to function properly and in order to maintain security standards as much as possible by complying with all applicable regulations.

This category of cookies can also be called so-called. third-party cookies. Statistical cookies also belong to the group of functional cookies that allow us to store previously entered information (such as username or language) on the web service and to improve the possibility of providing a better service by tracking analytics or visit statistics. We must inform you that when using this category of cookies, data is transferred to third countries.