Project “RegTech&SupTech” is implemented within the framework of the National Recovery and Resilience Plan 2021–2026 and is financed by European Union funds through the NextGenerationEU instrument.
Research team
Anita Pavković, Full Professor-tenured, graduated at the Faculty of Economics and Business in 1998, major Finance, and in 2003 she finished Postgraduate Study Program Accounting, Revision and Finance. In December 2007 she successfully completed her PhD dissertation entitled “The Influence of Asset Securitization on Financial System Development”. From 1999 she is employed at the Faculty of Economics and Business Zagreb and from February 2024 she is a Full professor – tenured at the Department of Finance. Professor Pavković is a lecturer for courses „ „Bank Management“, „Regulation and Supervision of the Financial Sector“ and “Financial institutions and markets”.
Professor Pavković is author or co-author of more than 100 papers. She visited reputable financial institutions and markets worldwide. She was a mentor or member of the Committee in numerous PhD, MSc, Specialist postgraduate programme, MA and BA theses. From 2014 to 2018 she was a Vice-dean for Business Processes and Administration at the Faculty of Economics and Business. She is an Editor-in-chief of the Proceedings of the Faculty of Economics and Business in Zagreb. She gained Deans' recognition of the Faculty of Economics and Business Zagreb in 2015 for work at the position of the Vice-dean for Business Processes and Administration. In the practical part, she is active within the professional governing bodies of financial institutions in Croatia. Since 2021, she has successfully coordinated and led the Banking Academy's specialized professional program for acquiring career banker competencies in cooperation with leading banks, highly experienced professionals and the academy community. In 2024, she published and edited the book Banks and Banking: Challenges and Trends. Since 2025, she has been a member of the academic board of the European Banking Institute and CEE Banking Perspective.
The main objective of the project is to analyze how digital technology contributes to quality regulation and supervision of the financial system (RegTech and SupTech). The project will analyze the current state, trends, and advantages and disadvantages of RegTech and SupTech. The project will focus on demonstrating the actual application of the aforementioned technologies and providing recommendations (guidelines) for a higher quality and more efficient implementation of RegTech and SupTech in the financial system. In this way, the project will contribute to creating assumptions for greater resilience of the financial system to shocks, crises, and risks. The findings, results, and recommendations will also be a lever for a more efficient digital transformation of financial service providers.
Nataša Erjavec received her PhD in 1997 from the University of Zagreb Faculty of Economics, where she has been employed since 1988. In 2014, she was elected to the position of Full Professor Tenured at the Department of Statistics. She has developed curricula for several quantitative courses, which she teaches at doctoral, postgraduate and undergraduate studies. She is a co-author of three university textbooks. She has published over 100 scientific papers and participated in more than 60 international scientific conferences.
In 2009, she received the "Mijo Mirković" award (for outstanding scientific contribution in the field of economic sciences) and in 2021, the "Ljubomir Martić" award for a university textbook that covers current topics in the field of quantitative economics. She is the mentor of several graduate and master's theses, and four doctoral dissertations. As a researcher, she participated in several scientific research projects. She has reviewed scientific books, university textbooks, and a large number of scientific papers. She is a member of many professional associations and university boards and commissions. Her scientific research interests are econometric models, time series analysis, quantitative methods in finance, and financial econometrics.
Prof. Erjavec's project contribution will involve the selection and application of appropriate statistical methods for the comprehensive management of credit, market, and operational risk, as well as other exposuress.
Dr. Marijana Ivanov is a full professor with a permanent position on the Department of Finance at the Faculty of Economics and Business, University of Zagreb. She has published numerous scientific and professional works in the field of monetary policy and finance. Her areas of expertise include monetary policy, monetary analysis, personal finance, central banking, green finance and behavioral finance.
In addition to his academic activities and responsibilities, for a number of years she has been actively collaborating with the public and private sectors, through memberships in financial sector supervisory bodies and working groups. Furthermore, in addition to working at the Faculty of Economics and Business, she also teaches as an external lecturer at the Department of Mathematics, Faculty of Science, University of Zagreb.
She will primarily contribute to the project through the analysis of the impact of technology on the supervision procedures of central banks and the analysis of technological innovations of central banks in the area of monetary policy that have an impact on regulation and supervision, such as the digital euro, as well as through the analysis of the impact of other digital innovations and transformations on the financial industry and financial stability.
Zvonimir Šafranko was born in 1978 in Zagreb. He is an Associate Professor at the Department of Business Law at the Faculty of Economics and Business, University of Zagreb. He is registered in the Register of Scientists of the Ministry of Science, Education and Youth under ID number 325014.
He graduated from the Faculty of Law, University of Zagreb, in 2005 and completed his PhD in Legal Sciences (Company Law and Commercial Law) at the same Faculty in 2016. He obtained a Real Estate Sales Agent Certificate in 2001, the ECDL certificate in 2003, and passed the Bar Exam in 2008. He is proficient in spoken and written English and has knowledge of Italian.
From 1998 to 2005, he was employed at Valentino moda Ltd., Zagreb. Since 2006, he has been employed at the Commercial Court in Zagreb. From 2011 to 2015, he served as director of Valentino moda Ltd. He is registered with the Bar Association to provide legal advice and opinions. Since 2010, he has been employed at the Department of Business Law, Faculty of Economics and Business, University of Zagreb.
Zvonimir Šafranko’s contribution to the project consists of the analysis and comparison of regulatory frameworks for information and communication technologies and their application in the financial sector.
August Cesarec graduated from the Faculty of Economics at the University of Zagreb in 2012. From January 2013 to January 2017, he worked at the Croatian Health Insurance Fund. In early 2013, he spent three and a half months in York, England, undergoing professional training and education in health economics. In July 2017, he completed the Postgraduate Specialist Study in “Leadership and Management of Health Services” at the Faculty of Medicine, University of Zagreb. Since January 2017, he has been employed at the Department of Finance at the Faculty of Economics, University of Zagreb, first as an assistant until February 2023, and then as a senior assistant from February 2023.
In October 2022, he defended his doctoral dissertation at the Faculty of Economics, University of Zagreb, entitled “Determinants of non-performing exposures and economic impact on the financial stability in the European Union.” He participates in teaching seminar courses for several programs in the integrated undergraduate and graduate university studies, as well as professional studies. In December 2022, he received the “Dr. Pero Jurković” Award for a Doctoral Dissertation in the Field of Economics, Finance Branch” from the Faculty of Economics, University of Zagreb.
He will primarily contribute to the project by creating project data visualizations using appropriate software and by coordinating various project activities.