Regulatory Alerts2022-01-01
Decree No. 227/2022
The Czech National Bank issued Decree No. 227/2022 to amend Decree No. 308/2017 regarding the provision of investment services. The amendment integrates sustainability considerations into target market determinations and product governance, explicitly excluding sustainability factors from compatibility assessments while requiring their transparent presentation to distributors. These changes align national regulations with EU sustainability disclosure rules and take effect on November 22, 2022.
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