Regulatory Alerts2012-01-01
Decree No. 425/2012 Coll. on the Submission of Information by Pension Companies to the Czech National Bank
The Czech National Bank issued Decree No. 425/2012 Coll. to establish the scope, structure, format, periodicity, deadlines, and methods for pension companies to submit regulatory reports. The decree mandates specific monthly and quarterly financial statements, annual reports, and portfolio disclosures, requiring submission via electronic data messages using designated secure channels. It further regulates the authentication of data, procedures for correcting errors, organizational requirements for contact persons, and the transition from previous regulations effective January 1, 2013.
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