Regulatory Alerts2016-01-01
Decree No. 384/2016 Coll. on Professional Qualifications for Consumer Credit Distribution
The Czech National Bank issued this decree to implement the Consumer Credit Act by establishing professional qualification standards for entities providing or intermediating consumer credit. It defines the required professional expertise and competence for employees, while setting minimum material, organizational, and personnel prerequisites for accredited examination bodies. The regulation further details the structure, duration, and passing criteria for professional examinations, including specific thematic areas of expertise for different credit categories.
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