The National Insolvency Register is a publicly accessible electronic register that improves the provision of information to relevant creditors and courts on ongoing insolvency proceedings and prevents parallel insolvency proceedings from being launched.
On 26 June 2018 the Ministry of Justice completed the first phase of the project entitled ‘Insolvency Register Interconnection (IRI) for Europe’, partly funded under the European Commission’s Connecting Europe Facility programme (Connecting Europe Facility in the field of trans-European Telecommunications networks: CEF-TC-2016-2: European e-Justice Portal), for which Croatia applied as part of a consortium with Germany, France, Italy and Romania.
The CEF’s priority is to finance and implement e-services necessary for communication within the system interconnecting bankruptcy registers.
The Insolvency Register was established in accordance with Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings.
The data in the Insolvency Register are refreshed at least daily and cover:
- pre-bankruptcy and bankruptcy proceedings for which a decision to launch proceedings was adopted no earlier than 1 September 2015
- consumer bankruptcy proceedings for which a decision to launch proceedings was adopted no earlier than 1 January 2016.
All data in the Register lie within the jurisdiction of the courts hearing the case.
In the second phase of the Insolvency Register Interconnection (IRI) for Europe project, national insolvency registers were interconnected through the European e-Justice Portal.