Regulatory Alerts2019-01-01
Decree No. 325/2019 Coll. amending Decree No. 346/2013 Coll. on reporting by banks and branches of foreign banks to the Czech National Bank
The Czech National Bank issued Decree No. 325/2019 Coll. to amend reporting requirements for banks and foreign bank branches, introducing new daily and individual financial reports while updating existing submission formats and deadlines. The decree mandates the electronic submission of specific data messages, including the new CEO (ČNB) 1-98 daily report on uninsured one-day deposits and FIN (IND) 01-12 individual financial information, with the first submission due on July 1, 2020. It also standardizes the use of recognized electronic signatures for data authentication and updates references to covered bonds and financing plans to align with current regulatory standards.
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