Cooperation agreement between the Croatian Competition Agency and the Croatian National Bank

Boris Vujčić, governor of the Croatian National Bank (HNB), and Mirta Kapural, president of the Competition Council, signed a Cooperation Agreement today. The agreement will enhance cooperation between the HNB and CCA within the scope of their respective responsibilities.

The collaboration aims to promote and improve the roles and functions of the HNB and CCA as regulatory and supervisory bodies, particularly in preventing illegal practices, promoting effective competition, ensuring access to markets of importance to the overall economy of the Republic of Croatia, and introducing new and innovative working methods and technologies into their operations and activities.

As part of this cooperation, the HNB and CCA will exchange expert opinions on matters within their regulatory competencies. They will work together in cases where the HNB has submitted an initiative to the CCA to initiate proceedings related to prohibited agreements and/or abuse of dominant positions. The cooperation will also include providing professional and technical assistance for specific cases under the jurisdiction of the contracting parties, as well as any other necessary data exchange.

In addition to the exchange of specific information and direct contacts, the cooperation will include mutual education in the field of competition and related areas. This will involve participation in trainings organized by any of the contracting parties, as well as joint training sessions, expert meetings, round tables, or conferences.

The signing of this agreement sealed already existing fruitful cooperation between these two authorities.