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Recital 2

Recital 2

(2)On 12 July 2019 and 7 April 2020, the Republic of Croatia adopted relevant national legislation to ensure that HNB will be obliged to adopt any measure in relation to supervised entities requested by the ECB, and that legal acts adopted by the ECB pursuant to Regulation (EU) No 1024/2013 are binding and enforceable in the Republic of Croatia. The ECB assessed such legislation, taking also into account its practical implementation.

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