Regulatory Alerts2013-01-01
Decree No. 247/2013 Coll. on Applications Pursuant to the Act on Management Companies and Investment Funds
The Czech National Bank issued Decree No. 247/2013 Coll. to establish the essential elements, form, and lodging procedures for applications related to management companies and investment funds. The regulation defines specific terms and mandates detailed documentation for authorizations, including proof of capital, trustworthiness assessments, and strategic plans for qualifying holdings. It further specifies the required annexes for senior officers and shareholders, ensuring comprehensive disclosure of professional experience, financial soundness, and organizational structures.
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