71st Meeting

On 17 June 2026, the Board of the Croatian Financial Services Supervisory Agency held its 70th meeting and adopted the following decisions of public interest:

1. Ordinance amending the Ordinance on determining the net asset value of UCITS and the price of UCITS units 
2. Ordinance amending the Ordinance on carrying out tasks of the UCITS depositary 
3. Ordinance amending the Ordinance on the structure and content of financial statements and other reports of UCITS management companies 
4. Ordinance amending the Ordinance on compensating investors in UCITS and/or compensating UCITS 
5. Ordinance on mystery shopping activities pursuant to the Act on open-end investment funds with public offering 
6. Ordinance on mystery shopping activities pursuant to the Alternative Investment Funds Act 
7. Ordinance amending the Ordinance on the structure and contents of annual and semi-annual statements and other reports of AIF management companies 
8. Ordinance amending the Ordinance on the structure and contents of annual and semi-annual financial statements and other reports of alternative investment funds 
9. Ordinance amending the Ordinance on compensating investors in AIFs and/or compensating AIFs 
10. Ordinance amending the Ordinance on determining the net asset value of AIFs and the price of AIF units 
11. Decision on compliance with the Guidelines on stress test scenarios under the MMF Regulation (ESMA50-481369926-30848)
12. Instruction for filling in the web form for insurance companies and reinsurance companies 
13. Instruction for filling in the web form for pension insurance companies 
14. Decision granting approval to the company PIVAC HOLDING društvo s ograničenom odgovornošću za upravljačke djelatnosti holding društva, Vrgorac, A. G. Matoša 16, OIB 05529943187, to publish a takeover bid relating to the acquisition of the company KRAŠ d.d., Zagreb, Ravnice 48, OIB 94989605030, LEI: 74780000N00HZTWVU688 
15. Decision granting authorisation to the company FEELSGOOD CAPITAL PARTNERS društvo s ograničenom odgovornošću za upravljanje investicijskim fondovima, with its registered office in Zagreb, OIB: 89112739620, LEI: 747800L0D133F86HHR29, to establish and manage the closed-ended alternative venture capital investment fund without legal personality with private offering, titled Feelsbetter investicijski fond s društvenim učinkom 
16. Decision determining that Hanfa’s Decision CLASS: UP/I 994-08/25-01/02, REGNO: 326-01-50-25-9, issued on 25 July 2025, prohibiting the company ADRIATIC OSIGURANJE d. d., Zagreb, OIB: 94472454976, LEI: 74780000904H51PVL664, to pay the advance of profit or dividend and to pay profit or dividend, taking into account all retained profit of the said insurance company, as well as profit or dividend that has not been paid by the date of adoption of this decision, is no longer valid 
17. Decision determining that branch of the company Vereinigte Hagelversicherung VVaG, Germany, Giessen, Wilhelmstrasse 25, LEI: 529900HMYO3JY00E0Z57, which conducts insurance business in the Republic of Croatia through its branch Vereinigte Hagelversicherung VVaG-Podružnica VH Hrvatska, Slavonski Brod, A. Cesarca 69, OIB: 36958319030 (hereinafter: the Supervised Entity), has eliminated the illegalities whose elimination was ordered in point 2 of Hanfa’s Decision of 23 April 2026, in such a way that it ensured that the interested persons referred to in Article 375 of the Insurance Act ("Official Gazette", No 30/15, 112/18, 63/20, 133/20, 151/22, 152/24, 151/25; hereinafter the Insurance Act), (hereinafter: the Interested Persons) are informed of the right to file a complaint/objection in accordance with Article 378(1) of the Insurance Act, in such a way that the information provided does not mislead the Interested Persons that the deadline for filing a complaint/objection is a preclusive deadline or that there is an obligation of the Interested Person as the complainant/objector to propose a solution to the problem, in the pre-contractual/contractual documentation of the Supervised Entity, which provides policyholders with information on the right to file a complaint when concluding an insurance contract; and terminating this on-site inspection of the Supervised Entity’s operations (UP/I 994-08/26-01/01) 
18. Decision ordering the company Mathematica Capital Partners d.o.o., Ulica Pavla Hatza 19, Zagreb, OIB: 89960829083, LEI: 74780090I1R4BG30OZ32, to improve its anti-money laundering and terrorist financing system within 120 days following receipt of this Decision, and submit evidence thereof. The company is ordered to inform Hanfa of the implementation of the measure from point I of the operative part of this Decision within 7 days following the expiry of the deadline referred to in point I, without delay; the notification must include the Management Board Report 
19. Decision granting authorisation to the company Bitblock d.o.o. za usluge, with its registered office in Zagreb, Ilica 71, OIB: 10607405244, LEI: 9845006A6CAABE4C0347, to operate as a crypto-asset service provider, namely to exchange crypto-assets for funds, and granting approval to appoint Denis Koštić from Zagreb as a member of the Management Board of the company Bitblock d.o.o. za usluge, with its registered office in Zagreb, Ilica 71, OIB: 10607405244, LEI: 9845006A6CAABE4C0347, for a term lasting 3 (three) years, running as of the day of receipt of this Decision The company referred to in point 1 of the operative part of this Decision is obliged to register the business activity referred to in point 1 of the operative part of this Decision with the register of the competent Commercial Court within 30 days and to immediately notify the Croatian Financial Services Supervisory Agency thereof. 
20. Decision granting authorisation to the company IN KAPITAL d.o.o. from Sesvete (City of Zagreb), Ninska ulica 23, OIB: 89919231745, to operate as a crypto-asset service provider, namely to exchange crypto-assets for or other crypto-assets, and granting approval to appoint Marijan Grgić from Sesvete (City of Zagreb) as a member of the Management Board of the company IN KAPITAL d.o.o. from Sesvete (City of Zagreb), Ninska ulica 23, OIB: 89919231745, for a term lasting 3 (three) years The company referred to in point 1 of the operative part of this Decision is obliged to register the business activity referred to in point 1 of the operative part of this Decision with the register of the competent Commercial Court, and to immediately notify Hanfa thereof.
21. Decision granting authorisation to the company Martes Investments društvo s ograničenom odgovornošću, investment firm, pre-incorporated, with its registered office in Zagreb, to provide investment services and perform investment activities and ancillary services, namely: placing of financial instruments without a firm commitment basis, referred to in Article 5(1)(7) of the Capital Market Act; providing advice on capital structure, industrial strategy and related matters and advice and services relating to mergers and the purchase of undertakings, referred to in Article 5(2)(3) of the Capital Market Act; and investment research and financial analysis, and other forms of general recommendation relating to transactions in financial instruments referred to in Article 5(2)(5) of the Capital Market Act. The company referred to in point 1 of the operative part of this Decision is not authorised to hold money and/or financial instruments of clients. Approval is granted to appoint Nikola Damiani from Zaprešić as a member of the Management Board of the company Martes Investments društvo s ograničenom odgovornošću, investment firm, pre-incorporated, with its registered office in Zagreb, for a term lasting 5 (five) years, running as of the day of receipt of this Decision; and the exemption under Article 27(2) of the Capital Market Act is granted, so that the Management Board of that company may have only one member. Approval is granted for the acquisition of a qualifying holding in the company Martes Investments društvo s ograničenom odgovornošću, investment firm, pre-incorporated, with its registered office in Zagreb, namely: to Danijel Pokaz from Zagreb for a direct acquisition of a qualifying holding reaching 45% of the initial capital and voting rights of that company; to Nikola Damiani from Zaprešić for a direct acquisition of a qualifying holding reaching 45% of the initial capital and voting rights of that company; and to Martin Hren from Zagreb for a direct acquisition of a qualifying holding reaching 10% of the initial capital and voting rights of that company 
22. Decision granting approval to appoint Marko Stašić from Kastav as a member of the Management Board of the investment firm AGRAM Brokeri dioničko društvo za poslovanje vrijednosnim papirima, with its registered office in Zagreb, OIB: 14665174376, LEI: 529900T91VSVHHZD7N54, for a term lasting 4 (four) years, running as of 29 July 2026 
23. Decision granting authorisation to the company N3 Capital Partners d.o.o. za upravljanje alternativnim investicijskim fondovima, with its registered office in Zagreb, Ulica kneza Branimira 71A, OIB: 38904991600, LEI: 2138009RTWM65OJ4V517, to operate as a medium-sized AIFM, namely to carry out the activities referred to in Article 11(1)(1) of the Alternative Investment Fund Management Act – AIF management Upon the adoption of this decision, the authorisation to operate as a small AIFM, issued to the company N3 Capital Partners d.o.o. za upravljanje alternativnim investicijskim fondovima, by the Decision CLASS: UP/I 992-02/22-01/02, REGNO: 326-01-22-22-12 of 29 March 2022, shall cease to have effect. 
24. Decision granting authorisation to the investment firm FIMA-VRIJEDNOSNICE d.o.o., with its registered office in Varaždin, Ulica Stanka Vraza 25, OIB: 45194911051, LEI: 74780000I0HH0UQH5U64, to pursue business through a tied agent – the company PULT, poslovno svetovanje, d.o.o., from Ljubljana, Cesta na Loko 10, Republic of Slovenia, namely to provide the investment service referred to in Article 5(1)(1) of the Capital Market Act: reception and transmission of orders in relation to one or more financial instruments 
25. Decision granting approval to the company UniCredit Bank Austria AG, with its registered office at Rothschildplatz 1, 1020 Vienna, Austria, entered in the Register of companies under the registration number FN 150714p, for an indirect acquisition of a qualifying holding in the leasing company BKS – leasing Croatia d.o.o., Ulica Ivana Lučića 2A, Zagreb, OIB: 52277663197, reaching 30% to 49.99% of the initial capital and voting rights of that leasing company Decision granting approval to the company UniCredit S.p.A, with its registered office at Piazza Gae Aulenti 3, Milan, Italy, entered in the Milan-Monza-Brianza-Lodi Business Register under the registration number 00348170101, for an indirect acquisition of a qualifying holding in the leasing company BKS – leasing Croatia d.o.o., Ulica Ivana Lučića 2A, Zagreb, OIB: 52277663197, reaching 30% to 49.99% of the initial capital and voting rights of that leasing company The proposed acquisition referred to in points 1 and 2 of the operative part of this decision has to be carried out within 6 (six) months from the day of receipt of this decision. 
26. Decision granting authorisation to the company Mathematica Capital Partners d.o.o. za upravljanje alternativnim investicijskim fondovima, with its registered office in Zagreb, Ulica Pavla Hatza 19, OIB: 89960829083 , LEI: 74780090I1R4BG30OZ32, to operate as a medium-sized AIFM, namely to carry out the activities referred to in Article 11(1)(1) of the Alternative Investment Fund Management Act (Official Gazette, No 21/18, 126/19, 110/21, 83/23, 152/24 and 13/26) – AIF management Upon the adoption of this decision, the authorisation to operate as a small AIFM, issued to the company Mathematica Capital Partners d.o.o. za upravljanje alternativnim investicijskim fondovima, with its registered office in Zagreb, Ulica Pavla Hatza 19, OIB: 89960829083 , LEI: 74780090I1R4BG30OZ32, by the Decision CLASS: UP/I 992-02/23-01/42, REGNO: 326-01-22-22-18 of 29 September 2023, shall cease to have effect. 
27. Decision granting certified actuary licence to Iva Barunčić from Ivankovo 
28. Decision granting authorisation to conduct insurance distribution business to Davor Poljičak from Satnica Đakovačka, founder of the insurance representation craft PROLIFE, obrt za zastupanje u osiguranju, vl. Davor Poljičak, Satnica Đakovačka, Kralja Tomislava 22 
29. Decision by which Sanja Labaš from Zagreb, ZO 10716, is removed from the Register of authorised insurance agents, insurance and/or reinsurance brokers and ancillary insurance intermediaries, with effect from the date of the adoption of this Decision 
30. Decision correcting an error made in Hanfa’s Decision CLASS: UP/I 994-03/26-01/38, REGNO: 326-01-22-26-2, in such a way that in the introduction, the operative part and the explanation of the decision, when stating the address, instead of the number "44", the number "34" should be written. This decision shall take legal effect from the date on which the decision being corrected takes legal effect