The Council of the Croatian Financial Services Supervisory Agency reviewed plans to move the PutNaTržište capital raising sandbox into its operational phase and considered the draft Croatian Investment Account Act. Both initiatives support Croatia’s 2025–2030 capital market strategy by seeking to increase the number of companies raising market finance and broaden retail investor participation. PutNaTržište is an educational and simulation program developed with the Ministry of Finance to prepare companies to raise capital through the market. Its legal and methodological framework has been established, 51 institutional and professional partners have joined, and the next stages include opening applications, running a pilot and developing the program for full implementation. The proposed Croatian Investment Account would allow each individual to maintain one account through an authorized intermediary, with no minimum initial investment and continuity when changing intermediaries. Contributions would be capped at EUR 200,000, rising by up to EUR 50,000 if no funds are withdrawn in the first five years. Qualifying transactions, portfolio rebalancing and reinvestment within the account would not require separate tax determinations for each transaction. The Council also reviewed continued growth in the fund sector, with UCITS assets reaching EUR 4.85 billion at the end of July, up 28% year over year, while mandatory pension funds recorded higher net assets and positive returns during 2026.
Croatian Financial Services Supervisory Agency reviews sandbox rollout and draft retail investment account with EUR 200,000 contribution cap
The Croatian Financial Services Supervisory Agency reviewed the planned operational rollout of the PutNaTržište capital raising sandbox and the draft Croatian Investment Account Act. The proposed account would have no minimum initial investment, generally cap cumulative contributions at EUR 200,000 and simplify the tax treatment of qualifying transactions. UCITS assets reached EUR 4.85 billion at the end of July, up 28% year over year.