On Jul. 21, 2026, CRO FIU announced, at a session held on Jul. 15, 2026, CRO PRL adopted the Consumer Credit Act, which after OG publication, enters in force on Nov. 20, 2026; with deferred application of provisions to certain entities/credit products.
On May 14, CRO FIU notified bill boosting consumer protection submitted to PRL.
CRO FIU announced Government submitted proposal for Consumer Credit Act to Parliament, which strengthens consumer protection mechanisms, by introducing stricter advertising rules and tightening creditworthiness assessments.
On same date, CRO PRL issued Bill PZE 300Proposed Law on Consumer Loans, first reading.
Follows CRO FIU Mar. 2026 reported amendments, new rules presented, see #289493.
Regulations are being consolidated, consumer protections are being expanded, and stricter rules for advertising and competency assessments are being introduced.
Proposal unifies existing laws on consumer/residential consumer credit into single regulatory act, which simplifies application of regs/ensures greater legal certainty.
At the same time, CCDII Dir 2023/2225, is being transposed into national legislation.
Key innovations in consumer credit include expanding scope of application to new forms of credit, including interest-free loans, as well as strengthening consumer protection mechanisms, by introducing stricter advertising rules.
And more transparent pre-contractual info; tightening creditworthiness assessments.
There is also a right to be forgotten for former oncology patients when contracting insurance related to a consumer credit contract.
System of independent debt counseling for consumers with repayment difficulties set up; primarily be provided by Fina, possibility of non-profit organizations participating.
Single licensing and supervision system under CRO CB;s jurisdiction established, which eliminates current fragmentation of supervision, ensures uniform application of law.
New law will also apply to consumer loans provided by institutions/legal entities that are not banks, such as telecom operators that often sell mobile phones in installments.
With amendments to Accounting Act, a significant reduction in number of persons liable to report on sustainability, GVT sent final proposal for amendments to Accounting Act to parliamentary procedure, which transposes Dir 2026/470, see #292446.
According to new rules, obligation to report on sustainability limited exclusively to entrepreneurs with more than 1000 employees/net income of more than EUR 450mn.
Proposed solution achieves a triple benefit, i.e., timely relief from burden on entrepreneurs; avoidance of unnecessary administrative and financial burden; and legal certainty and proportionality of the application of regulations.
Per Capital Market Act, reporting deadline for past year is Apr. 30; per new Accounting Act, it is Jun. 30.
Bill PZE 300
Although Dir's transposition deadline has expired, process in Croatia required extensive and systemic amendments to existing legislation.
Proposal introduces stricter rules on advertising credit products, including mandatory clear warnings that borrowing entails financial costs; standardized info for comparison purposes.
Prohibits misleading practices such as pre-ticked consent boxes and unsolicited credit approvals.
Also requires permanent availability of general credit information, timely provision of personalized pre-contractual information; strengthens creditworthiness assessments.
Sensitive personal data such as health data not be used in credit scoring under GDPR.
Consumers granted right to human intervention in automated credit decisions, must receive explanations of such decisions; proposal also regulates interest rate caps, confirming Croatia’s existing system as one of the more advanced EU frameworks.
Additional provisions include early repayment rights; limitations on compensation for creditors; rules on tying and bundling practices; enhanced consumer rights in insurance products related to credit agreements.
Once adopted, proposal intended to enter into force on Nov. 20, 2026.
Jul. 2026 Bill Second Reading
On Jul. 2, 2026, CRO PRL announced PZE 300 final proposal of Consumer Loans Act entered its second reading stage; Legislative Committee unanimously (8 votes for) supported adoption of the proposal, submitted with amendments.
Jul. 2026 Bill Adopted
On Jul. 21, 2026, CRO FIU announced, at a session held on Jul. 15, 2026, CRO PRL adopted the Consumer Credit Act, which after OG publication, enters in force on Nov. 20, 2026; with deferred application of provisions to certain entities/credit products.
Regulators
CRO FIU; CRO PRL
Entity Types
Bank; CNSM; CU; MG Orig; MSB
Reference
PR, 7/21/2026; PR, Bill PZE 300, 7/2/2026; PR, Bill PZE 300, 5/14/2026; CCD2 Dir 2023/2225; Dir 2026/470
