Regulations

Published: 1/1/2016 Modified: 16/10/2018
The setting up of the framework for the recovery and resolution of credit institutions is regulated by Croatian and EU legislation.

The Act on the Resolution of Credit Institutions and Investment Firms transposes into Croatian law Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (Bank Recovery and Resolution Directive, BRRD).

Legal acts adopted in the area of resolution may be found on the web site of the Croatian National Bank, under About us/Functions and structure/Regulations. All legal acts of the EU published in the Official Journal of the EU may be found on the web site EUR-Lex.


16 October 2018

On 17 April 2018, the Croatian National Bank adopted the Methodology for identification of critical functions in the operation of credit institutions for the purposes of resolution planning. The purpose of adopting the Methodology is to provide a basis to the Croatian National Bank as the resolution authority for a uniform and methodologically based process of identification of critical functions in the operation of credit institutions so that these functions may be appropriately identified in group and individual resolution plans.