Regulatory Alerts2017-01-01
Decree No. 319/2017 Coll. on Professional Qualification for Distribution on the Capital Market
The Czech National Bank issued Decree No. 319/2017 Coll. to establish detailed requirements for professional qualifications necessary for providing investment services on the capital market. The decree defines the scope of required professional knowledge and skills, sets material and organizational prerequisites for accredited examination bodies, and mandates specific examination codes and commission structures. It further specifies the format, duration, and passing standards for professional exams while requiring the annual update and secure handling of test questions.
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