Regulatory Alerts2022-01-01
Decree No. 115/2022 Coll. Implementing Provisions of the Act on Pan-European Personal Pension Product
The Czech National Bank issued Decree No. 115/2022 Coll. to implement the Act on Pan-European Personal Pension Product by establishing detailed technical requirements for registration, notifications, and consent applications. The decree mandates specific reporting duties for providers and distributors, including the submission of supervisory reports and activity statements via electronic data messages within defined deadlines. Additionally, it amends existing decrees on professional qualifications to incorporate specific knowledge and skill requirements for the distribution of pan-European personal pension products.
Share