The Croatian Financial Services Supervisory Agency (Hanfa) has joined an EU-funded twinning project, officially presented in Podgorica, to support more efficient, accountable and secure financial services regulation and supervision in Montenegro. The EUR 1.8 million project’s main beneficiary institutions are the Central Bank of Montenegro and the Insurance Supervision Agency. Implementation is led by a consortium headed by the Deutsche Bundesbank, with Hanfa partnering alongside the Croatian National Bank and the National Bank of Slovakia. The project started in early September 2025 and is scheduled to run until end-August 2027, with planned activities focused on further alignment with the EU acquis, strengthening supervisory practices and improving institutional capacities within the beneficiary institutions.
Croatian Financial Services Supervisory Agency 2025-11-27
Croatian Financial Services Supervisory Agency joins EU-funded twinning project to strengthen financial regulation and supervision in Montenegro
The Croatian Financial Services Supervisory Agency (Hanfa) joined an EU-funded project to enhance financial regulation in Montenegro. The EUR 1.8 million initiative, led by a consortium headed by the Deutsche Bundesbank, involves Hanfa, the Croatian National Bank, and the National Bank of Slovakia. It aims to align with the EU acquis, strengthen supervisory practices, and improve the capacities of Montenegro's Central Bank and Insurance Supervision Agency.