Title: Training in Market Regulation
Client: Croatian Securities Commission
Country: Croatia
Year: December 2002
Financing: World Bank
Description of project and services rendered
On December 14, 1995, the Croatian Securities Commission (hereafter, “the Commission” or “CROSEC”) was established pursuant to the Law on Issuance and Sale of Securities. The objective of this technical assistance is to upgrade the comprehensiveness of CROSECs enforcement powers and to improve the skills of the staff of CROSEC's enforcement division.
Scope of the Work
Training of the staff of CROSEC¢s Market Regulation division in order to clear-up and upgrade inspection, reporting and surveillance methods related to the Securities Act and including market monitoring, monitoring of the brokerage institutions and monitoring of the custody institutions.
Proposed Work Plan
- Getting familiar with existing legal regulation in the Republic of Croatia concerning capital market, especially with Securities Act.
- Training of the staff of CROSEC's Market Regulation division based on “case study method” in order to clear up and upgrade inspection and surveillance techniques regarding different issues from the Securities Act related to market monitoring, monitoring of the brokerage institutions and monitoring of the custody institutions, investigation of insider trading cases, investigation of market manipulation cases and investigation of spreading false information cases.
