Regulatory Alerts2017-01-01
Decree No. 309/2017 Coll. on applications and notifications under the Capital Market Undertakings Act
The Czech National Bank issued Decree No. 309/2017 Coll. to establish the specific details, formats, and technical requisites for applications and notifications under the Capital Market Undertakings Act. The decree mandates comprehensive documentation for entities seeking authorization as investment intermediaries, regulated market operators, settlement systems, or central counterparties, including proof of trustworthiness, financial statements, and business plans. It further defines key terms such as certificates of integrity and qualifying holdings to ensure standardized regulatory oversight and compliance with EU market abuse regulations.
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