Jurica Jednačak Re-elected President of the Business Activities and Financial Markets Intermediation Association

Jurica Jednačak, Head of Brokerage at Zagrebačka banka, was re-elected president of the Business Activities and Financial Markets Intermediation Association on its elective session in Croatian Chamber of Economy on June 16th. Ivan Tadin, CEO at HITA-SECURITIES plc, and Danijel Delač, Board Member at InterCapital Securities Ltd, were elected Deputy Presidents. On the same occasion, Council members were elected as well.

“I would like to thank the members for entrusting me with the same position. In the near future, we expect significant changes in our sector. Many novelties, such as the establishment of the Central Depository and Clearing Company Inc., implementation of the XETRA trading platform in Zagreb Stock Exchange, improvement of the capital gains tax registration system and new regulations within MiFID II and MiFIR, represent important challenges for all the participants of the capital market. I expect an efficient implementation of all the changes mentioned above, through the quality cooperation with Croatian Financial Services Supervisory Agency (HANFA), Ministry of Finance, Central Depository and Clearing Company (CDCC), Zagreb Stock Exchange and other participants of the financial market. Hopefully, all of the association member will be pleased, as well as our clients”, Jednačak says.

One of the topics discussed at the session was CDCC’s project. When discussing Association’s activities in the previous mandate, Vanja Dominović, Assistant Director at the Financial Institutions, Business Information and Economic Analyses Sector at the CCE and Association’s business secretary, emphasized that more than 35 sessions and other meetings were held, more than 20 legal acts and bylaws were commented, and the Association’s representatives were participating in workgroups for the creation of new acts. Compliant to expressed members’ needs, Custodians and Depository Banks Group was established at the Association, and the Association’s representatives were participating in the CCE’s activities for the improvement of citizens’ and legal entities’ financial literacy.