Exchange of experiences and best practices with Luxembourg in the field of capital markets
Member of Hanfa Board Anamarija Staničić and Head of the Funds and Investment Firms Supervision Division Martina Verić were part of a joint delegation from Hanfa and the Ministry of Finance, led by the Deputy Prime Minister of the Republic of Croatia and Minister of Finance Marko Primorac, on a study visit to Luxembourg. The goal was to exchange experiences and best practices in the field of capital markets. The visit took place on 7 and 8 October 2024, and covered various topics related to the development of capital markets.
After successfully joining the euro area and the Schengen area, Croatia is ready for further steps, particularly in the capital markets segment, which offers significant financing opportunities, including for small and medium-sized enterprises. "One of our priorities is to attract SMEs to the Zagreb Stock Exchange. Currently, only 42 small and medium enterprises and 3 micro-entrepreneurs are listed on the Zagreb Stock Exchange, so it is invaluable for us to learn more about your experience and expertise in attracting SMEs to the financial sector," emphasised A. Staničić on the occasion.
As one of Europe's leading financial centres, Luxembourg provides an ideal opportunity for exchanging experiences and best practices in the field of capital markets, as well as supporting advanced technologies, including the Fintech industry and an innovative financial ecosystem.
The study visit included an exchange of experiences with representatives of the Luxembourg Ministry of Finance and other key stakeholders in the financial infrastructure, which enables Luxembourg to remain an attractive and competitive financial destination. Among them are organisations such as the Luxembourg House of Financial Technology (LHoFT), the Luxembourg Stock Exchange, and Luxembourg for Finance (LFF).
During the visit, special emphasis was placed on the practices of the stock exchange and the capital market regulator, as well as activities aimed at attracting new investors and issuers, i.e., financial sector stakeholders, thereby further strengthening the financial sector.
