The article discusses the importance of regulating and supervising the financial sector in Croatia to protect society's interests and promote economic growth. The focus is on the need for a strong legal framework and independent supervision institutions. The authors suggest that the current regulatory framework in Croatia needs to be examined, especially in light of the dominance of the banking sector and the evolving financial markets. By comparing different European models, the authors conclude that implementing integrated financial supervision in Croatia could lead to a more stable and efficient financial system.