The Croatian Financial Services Supervisory Agency published the public-interest decisions from its 68th management board meeting, adopting a rulebook on covert supervision under the Capital Market Act, amending the fee rulebook for management companies, and aligning with ESMA guidelines on liquidity management tools for UCITS and open-ended alternative investment funds. The decisions also approve several fund restructurings and launches, impose remediation measures in supervision cases, and grant a range of insurance, leasing and distribution authorisations. On the investment fund side, the agency approved material prospectus changes for Erste Adriatic Multi Asset covering the fund’s objective, investment strategy and investment limits, and confirmed that the earlier approval allowing up to 100 percent of net asset value to be invested in transferable securities and money market instruments issued by Serbia, Slovenia and North Macedonia will cease. It also approved the merger of Erste Income Plus into Erste Adriatic Multi Asset, and authorised UniCredit Invest to establish and manage the umbrella UCITS onemarkets Fund with two target maturity fixed income sub-funds for 06/2031 and 07/2031, including approval of the prospectus, rules and depositary, with permission for each sub-fund to invest up to 100 percent of net asset value in bonds and money market instruments issued or guaranteed by European Union member states, Canada, Japan, Switzerland, the United Kingdom, the United States, and eligible public international bodies. In supervision, OTP invest must establish an adequate, effective and independent compliance monitoring function by 15 July 2026, submit a remediation report with supporting evidence by 31 July 2026, file a compliance-function report for 1 January to 30 September 2026 by 31 October 2026, and provide an internal audit assessment of the system by 31 December 2026. Blok Be and FiatBit Technologies were ordered to strengthen anti-money laundering and counter-terrorist financing controls and report implementation with management and independent internal audit evidence, with FiatBit given 60 days from receipt of the decision. Separately, the agency concluded that EUROHERC osiguranje had remedied breaches identified in a 2025 decision and closed that indirect supervision case, while also issuing multiple fit and proper approvals for insurance and leasing roles and granting or recording changes to insurance distribution licences.

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