Regulatory Alerts2011-04-19
Registration of Representative Offices of Foreign Banks and Financial Institutions
The Czech National Bank issued this official information to detail the registration requirements for representative offices of foreign banks and financial institutions operating in the Czech Republic. The document mandates that applicants submit a specific application form along with annexes proving legal existence, authorization, supervisory consent, and a three-year activity plan. It further outlines procedural rules for document certification, notification of changes, and the cancellation of the previous 1994 regulations governing such offices.
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