Croatia: consultation on new corporate governance code

The Croatian Financial Services Supervisory Agency and Zagreb Stock Exchange have begun a consultation on a revised edition of their joint Corporate Governance Code. A copy of the revised Code is available here (pdf). The accompanying consultation paper and consultation questionnaire can be found, respectively, here (docx) and here (docx).

The revised Code applies to all companies whose shares are listed on the regulated markets of the Zagreb Stock Exchange and comes into force on 1 January 2020. Among the new recommended practices included within the Code are those concerning codes of conduct for supervisory and management board members; engagement with minority shareholders; and the setting of targets for the proportion of women on both boards (with annual reporting of progress towards those targets).

Europe: Croatia becomes the 28th member of the European Union

Croatia became the 28th member of the European Union today: see here and here. The Croatian corporate governance code is jointly published by the Zagreb Stock Exchange and the Financial Services Supervisory Agency. The most recent edition was published in 2010: see here (pdf). The FSSA website is a good source of information and includes legislation translated into English: see here.

Croatia: the Zagreb Stock Exchange corporate governance code

The codes directory maintained by the European Corporate Governance Institute has been updated to include a copy, in English, of the Zagreb Stock Exchange corporate governance code: see here (pdf) or here (html).