Overview: This law transposes EU legislation into Croatian law. It regulates:

1. The conditions for establishment, operation, supervision and dissolution of an investment firm, market operator and settlement system operator in the Republic of Croatia;
2. The conditions for the provision of investment services and performance of investment activities and related ancillary services;
3. The rules for trading on a regulated market;
4. The conditions for offering of securities to the public and admission of securities to a regulated market;
5. The obligations regarding disclosure of the information relating to the securities listed on a regulated market;
6. Market abuse;
7. Storage, clearing and settlement of financial instruments;
8. Authorities and actions of the Croatian Financial Services Supervisory Agency in implementation of this Act.

Articles pertaining to market abuse:

• Article 455: Inside information
• Article 456-458: Prohibits use of inside information
• Article 459: Public disclosure of inside information directly concerning the issuer
• Article 460: Changes concerning already publicly disclosed information
• Article 461: Delay of public disclosure of inside information
• Article 462: Complete and effective public disclosure of information
• Article 463-464: List of insiders
• Article 465: Prohibits market manipulation
• Article 466: Defines market manipulation
• Article 467: Requires the stock exchange to monitor for market manipulation
• Article 468: Requires investment firms and credit institutions to report suspected market manipulation
• Article 469: The Agency shall prescribe procedures that can be deemed market abuse; the Agency and market participants are obligated to prevent and detect market abuse.