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Legal Briefing
New Croatian Capital Markets Act
Practice Area: Capital Markets and Debt Securities
Sector: Commercial and Retail Banking
Jurisdiction: Croatia
Published: 27 April 2010
Law Firm: Schoenherr
Overview
On 15 July 2008 the Croatian Parliament passed the new Croatian Capital Markets Act (Zakon o tržištu kapitala, Official Gazette No. 88/2008, 146/08 and 74/2009; the Act), which came into force on 1 January 2009. In order to upgrade the Croatian capital markets regime, the Act incorporates a line of EU guidelines and regulations.
Although the impact of the Act is yet to be seen in real terms, it certainly provides a solid platform for more certainty and sophistication in the Croatian capital markets.
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