Hanfa signs a Memorandum of Understanding with regulators from Central and South-Eastern Europe on strengthening cooperation and capital market development
The Croatian Financial Services Supervisory Agency (Hanfa) today signed a Memorandum of Understanding (MoU), together with supervisory authorities from Bulgaria, Hungary, Poland, Romania, North Macedonia, Slovakia, and Slovenia, concerning cooperation in the coordination of regulation and supervision of regulated markets. The aim of the Memorandum is to ensure a coordinated approach by the competent authorities in the exercise of their regulatory and supervisory powers. The signing was hosted by the Slovenian Securities Market Agency (ATVP).
“By signing this Memorandum, Hanfa, together with the participating supervisory authorities, confirms its support for the 2024 initiative of the region’s regulated markets and the 2025 finance ministers’ initiative, and commits to stronger cooperation and coordination with the regulators involved. By doing so, we are jointly laying the foundations for more efficient, transparent, and resilient markets, which ultimately contributes to investor protection, issuer development, and the stability of the financial system in the region,” said Ante Žigman, President of the Hanfa Board.
The Memorandum of Understanding establishes a framework for more intensive cooperation in defining and implementing key initiatives for the development of regional capital markets. Its purpose is cooperation in areas of common interest, in line with the principles of mutual trust and proportionality, as well as identifying regulatory shortcomings and implementing activities aimed at harmonising the rules governing the capital market. More frequent cooperation and coordination will further strengthen the already strong cooperation among the supervisory authorities.
In August 2025, the finance ministers of the aforementioned countries signed an agreement on cooperation in the area of regional market integration in Central and South-Eastern Europe, thereby confirming the highest-level political support for activities aimed at developing the capital markets of the signatory countries. The signing of today’s Memorandum of Understanding is a continuation of this initiative and confirms the regulators’ commitment to achieving its goal.
