On Supervision In The Field Of Capital Market And Amending Other Laws

Original Language Title: O dohledu v oblasti kapitálového trhu a o změně dalších zákonů

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Read the untranslated law here: https://portal.gov.cz/app/zakony/download?idBiblio=46153&nr=15~2F1998~20Sb.&ft=txt

15/1998 Coll.



LAW



of 13 October. January 1998



on supervision in the field of capital market and amending and supplementing other

the laws of the



Modified: 30/2000 Coll., 362/2000 Coll., 370/2000 Sb.



Change: 308/2002 Sb.



Change: 309/2002 Coll. (part)



Change: 257/2004 Coll.



Change: 626/2004 Sb.



Change: 381/2005 Sb.



Change: 56/2006 Sb.



Change: 57/2006 Coll., 70/2006 Sb.



Change: 224/2006 Sb.



Change: 342/2006 Sb.



Modified: 296/2007 Sb.



Change: 104/2008 Sb.



Change: 230/2008 Sb.



Change: 250/2008 Sb.



Change: 254/2008 Sb.



Change: 230/2009 Sb.



Change: 160/2010 Sb.



Change: 227/2009 Sb.



Change: 281/2009 Sb.



Change: 139/2011 Sb.



Change: 188/2007 Sb.



Change: 37/2009 Sb.



Change: 273/2009 Sb.



Change: 428/2007 Sb.



Change: 241/Sb.



Change: 513/91 Coll., 303/Sb.



Parliament has passed the following Act of the United States:



PART THE FIRST



SUPERVISION IN THE FIELD OF CAPITAL MARKET



TITLE I OF THE



THE SCOPE AND POWERS OF THE CZECH NATIONAL BANK IN THE AREA OF CAPITAL MARKET



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§ 1



The subject of the edit



This Act regulates the competence and powers of the Czech National Bank

supervision of the capital market and establishes certain rights and

the obligations of the entities that are active in this market.



§ 2



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The Czech National Bank in exercising supervision over the capital market strengthens

confidence of investors and issuers of investment instruments in the capital market

in particular, the fact that contributes to the protection of investors and the development of the capital

market and supports public education in this area.



§ 3



The scope of the Czech National Bank in the area of supervision of the capital market



The Czech National Bank in the area of capital market



and) exercises supervision within the limits set by law and the Special

laws and regulations governing the capital market area,

the management and administration of investment funds and foreign

investment funds and offering of investment in these funds, rights

business corporations, the supplementary pension savings, retirement

savings and pension plans), ^, ^ 1, 1a)



b) decide on the rights, legally protected interests and obligations

legal entities and natural persons, if so provided by law, or

specific legislation regulating business in the capital

the market, the management and administration of investment funds and foreign

investment funds and offering of investment in these funds, rights

business corporations, the supplementary pension savings, retirement

savings and pension supplementary insurance ^ 1)



(c) performance) checks the information obligations of persons subject to supervision

The Czech National Bank provided for by law and the specific legal

regulations governing the scope of business activities on the capital market,

the management and administration of investment funds and foreign

investment funds and offering of investment in these funds, bonds,

law of corporations, the supplementary pension savings, retirement

savings and pension supplementary insurance ^ 1)



(d)) shall exercise other activities under this Act.



§ 4



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(1) the Czech National Bank in the Czech Republic is the competent authority in accordance with

directly applicable European Union legislation on credit rating agencies ^ 29)

and the competent authority in the field of business registers data by directly

of the applicable legislation of the European Union on OTC derivatives, Central

counterparties and trade repositories ^ 36).



(2) the Czech National Bank in accordance with a directly applicable regulation

The European Union on credit rating agencies ^ 30). paragraph 68. 3 directly

of the applicable legislation of the European Union on OTC derivatives, Central

counterparties and trade repositories ^ 36) at the request of the European

authority for the Securities and markets authority will confirm his decision for the purposes of the performance of

the competent authority in the Czech Republic. Revenue from monetary penalties imposed

on the basis of such a decision is the income budget of the European Union; on

These pecuniary sanctions for the purposes of the payment management viewed as

the revenue of the public budget in accordance with the tax code ^ 31).



(3) the Court with jurisdiction for the issue of authorisations for the provision of dial-up

conversations and data transmissions referred to in article. 62 para. 5 and 6 directly

of the applicable legislation of the European Union on OTC derivatives, Central

counterparties and trade repositories ^ 36) is the High Court in Prague.



§ 5



Basic concepts



(1) the institutional investor means



and the Bank conducting trades) on its own account with investment instruments on

capital market, investment firm, investment fund, pension fund

and the insurance company,



(b) a person authorized to do business abroad) in those fields on the territory of the

The United States, as the persons referred to under (a)).



(2) a service provider on the capital market means a trader with

securities, foreign securities dealer that provides

in the Czech Republic through a branch, the investment services

the person performing the reception and transmission of orders relating to the

investment vehicles under the conditions laid down by a special law, ^ 4a)

institutional investor, the depositary, regulated market,

the person performing the settlement of trades in securities, Central

the depositary, the Czech National Bank to the extent of keeping valuable

of papers.



(3) a participant in the capital market means, in particular, the service provider

on the capital market, the investor on the capital market, the issuer of the securities

papers of the person owing on those securities, the owner of the securities

securities, the issuer and the owner of the other investment tools.



§ 6



Proceedings before the Czech National Bank



(1) in proceedings in matters covered by this law shall follow the procedure referred to in

General laws, ^ 7) If individual provisions of this

law or special laws provide otherwise. The provisions of the administrative

order on the possible termination of the decay of ^ 7a) shall not apply.



(2) the Czech National Bank before the proceedings in the area of supervision of

capital market [section 3 (a))] shall consider whether the imposition of measures to

remedy or penalty for violation of the obligations established under this or the

a special Act of the proceeding. In doing so, is mainly based on nature,

the severity, duration and effect of the infringement and any

the procedure of a person suspected of violations of the legal obligations when deleting

the effects of the infringement. If management does not take up, writes about how to write

and the case is postponed. Decision on the postponement of the case shall not be issued.



(3) against the decision of the Czech National Bank in the area of supervision of

the capital market can be made. On the decomposition of the Bank Board decides

The Czech National Bank, which also decides on the appeal against the

the decision of the regulated market.



(4) in any proceedings affecting the people in the number higher than 30, you can

serve documents by public decree.



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§ 7



The subject of supervision of the capital market



The Czech National Bank supervision over the capital market is subject to



and) the obligations set out by law, natural or legal

persons,



(b)) the obligations set out by special laws, ^ 1)



(c) compliance with the obligations and conditions) laid down in enforceable

the decisions of the Czech National Bank and



(d)) the obligations set out directly applicable provisions of the European

Union 9a ^ ^), 29).



Section 7a



(1) Supervision of the Czech National Bank is subject to the performance of the capital market

the obligations laid down by law governing the legal relations of business

companies and cooperatives, the law governing takeover bids and the law

regulating the capital market



and at a public proposal on) the purchase or exchange of securities

under the law governing legal relations of companies and

cooperatives, provided that the securities admitted to trading

on a regulated market,



(b)) when the acquisition or reduction in the proportion of voting rights of the companies

whose shares are quoted,



(c)) in connection with the acquisition of own shares of the joint stock company or

her controlled,



(d)) in connection with a take-over bid.



(2) in the exercise of supervision pursuant to paragraph 1 shall proceed, Czech National Bank

under this Act, and shall be entitled to impose the measures and penalties provided for

This Act and the law governing the capital market.



(3) the Czech National Bank is entitled to suspend the performance of its own motion

the voting rights of a person who has not met in a timely manner an obligation to notify

the proportion of the voting rights or has not made a takeover offer, as

the law imposes the obligation to do it, except for a period of one year from the date in

where the decision of the judicial power, if it is needed to protect the interests of

the other shareholders, creditors or employees of the company. Patch

against this decision does not have suspensory effect. Enforceable

the decision on the suspension of the exercise of voting rights shall send the Czech national

the Bank also society, in which the exercise of voting rights required

the person is suspended, CSD and publish them on their

website.



§ 8



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(1) the Czech National Bank is authorized for the purposes of exercising supervision over

the capital market



and to require such information from each), including Auditors,




(b) require the clarification of facts from) each; the provisions of the Special

legal regulation governing the administrative procedure for the summons, demonstration

and the hearing of a witness shall apply mutatis mutandis,



(c)) require the submission of records, reports or related data

transmitted through the electronic communications network ^ 9b) from

the person who is subject to its supervision of the capital market and which is

legitimately acquired,



d) require from legal or natural persons providing public

communications network or publicly available service

electronic communications the provision of traffic and location data

under special legislation ^ 35), after prior written

the authorization of the President of the Senate of the Supreme Court of the seat of the Czech

the National Bank, where it can be reasonably assumed that the data provided

may contribute to the clarification of facts important for the identification of the administrative

the offence in the field of business or trading on the capital market, according to the

the law governing the capital market, including its

the offender, and if you cannot reference the purpose achieved, or only with

by expending a disproportionate effort



(e)) to perform a check on the spot by a special Act by the person who

is subject to its supervision of the capital market; The Czech National Bank may

to perform a check to invite the Auditor, the audit firm or

the experts,



(f) require the publication of a compulsory) published information according to law

governing business on the capital market; This information to the United

the National Bank shall make available to the public, if required to do so by the person.



(2) the Czech National Bank may assert the permission referred to in paragraph 1, if the

It required to ascertain the information requested by foreign supervisory authority

of financial market, on condition that it is necessary for the performance of its tasks

in the area of financial market supervision, that this information can be in the

accordance with section 26, and that may be invoked to provide comparable powers to

their territory in the case of a similar request from the Czech National Bank.



(3) a person under the supervision of the Czech National Bank over the capital market

is required in connection with the performance of checks on the spot to give the United

the National Bank or its representative the necessary cooperation, especially on the

the request shall immediately allow access to his premises. The person from whom it is

The Czech National Bank is entitled to require information, handouts, clarification

facts, records, reports, or data associated with them in accordance with paragraph 1

or 2, is required to provide this information, handouts, clarification

facts, records, reports, or data associated with them, without undue

delay, unless otherwise provided by the Czech National Bank a longer period.



(4) If there is a risk of default, the Czech National Bank or its

the designated officer in relation to persons subject to the surveillance referred to in section 7 of the

to launch an on-the-spot and that by the notice of initiation of control

at the same time makes the first act of control. When delivering the notice of

launch control can be followed, mutatis mutandis, in accordance with § 10 paragraph 1. 2 and 3.



(5) persons, which is a reason to suspect that without appropriate authorisation

or the consent of the Czech National Bank shall carry out the activities to which it is necessary to

authorization or consent of the Czech National Bank, the Czech National Bank or

the designated person shall be entitled to inspect it, to the extent that is needed to

establish the facts relating to such activities, and guided

the person is required to provide assistance.



(6) a person which a securities dealer or commissioned

mandated pension company performance of certain activities under the Act

regulating the capital market or supplementary pension

savings, the Czech National Bank is authorised to check the extent to

where was the person responsible for the performance of the activities and controlled person

is required to provide assistance.



§ 8a



Information obligation in relation to the Czech National Bank in connection with the

the issuance of these bonds or similar securities representing

the right to repayment of the amount owed and securities of the person

established or domiciled in the Czech Republic, which issues these bonds

or similar securities representing the right to repayment of the amount owed

abroad or issuing similar securities representing right

the repayment of the amount owed under the law of a foreign State, the latest

at the date of issue of these bonds or similar securities

representing the right to repayment of the amount owed of the Czech National Bank

information about the volume of their emissions, place of issue, as well as their

form, form, yield and maturity.



§ 9



Measures to remedy the



(1) in the case of the Czech National Bank exercises supervision over the capital

market on the basis of this law, shall be entitled to take the following measures to

remedy:



and) save a person subject to this oversight to jumped into the axle in the

the period laid down in the arrangements and within the time allowed to report on the

the measures taken,



(b)) to determine the manner in which a person is subject to this monitoring shall

lack of delete.



(2) the Czech National Bank may place a fine save public admonition.

At the same time the Czech National Bank will decide according to the circumstances on the scope, form

and the way the publication of the admonition, and at the expense of the person to

public admonition.



§ 9a



Fine won



(1) legal or natural person who is subject to the supervision of the Czech national

banks and that breach of an obligation under section 8 (2) interoperability. 3, 5 or 6,

the Czech National Bank may impose a fine of up to 5 000 000 CZK.



(2) fined pursuant to paragraph 1 can be saved and reused. The sum of the

the fines imposed for the same offence shall not exceed 20 000

000.



(3) fined can store within 1 year from the date on which the

the negotiations took place.



(4) income from fines is the State budget revenue.



§ 9b



Administrative offences of legal persons and natural persons-entrepreneurs



(1) a legal entity or individual entrepreneur is committed by the administrative

tort by



and does not provide the information, handouts), clarification of the facts, records,

the message or data associated with them, pursuant to section 8 (2). 3 or § 8a, or



b) breach of an obligation under section 7A(1). 1 (b). and) or (c)).



(2) an administrative offence referred to in paragraph 1 (b). and) saves a penalty up to 5

000 000 CZK for the administrative offence referred to in paragraph 1 (b). (b)) is saved

a fine of up to 50 000 000 CZK.



§ 9 c



Misdemeanors



(1) a natural person has committed the offence by



and does not provide the information, handouts), clarification of the facts, records,

the message or data associated with them, pursuant to section 8 (2). 3 or § 8a, or



b) breach of an obligation under section 7A(1). 1 (b). and) or (c)).



(2) for the offense referred to in paragraph 1 (b). and you can impose a fine to a) 5 000

EUR and for the offense referred to in paragraph 1 (b). b) or c), you can save

a fine of up to 50 000 000 CZK.



§ 9 d



Provisions common to administrative offences



(1) a legal person for an administrative offence is not liable if he proves that

made every effort, that it was possible to require that the infringement of the

a legal obligation is prevented.



(2) in determining the amount of the fine on a legal person shall take account of the seriousness of the

the administrative offense, in particular, the way a criminal offence and its consequences, and

the circumstances under which it was committed, and the process of legal persons in

the removal of consequences of the infringement.



(3) the responsibility for the administrative offence and the offence of physical persons

cannot be discussed, if the administrative authority has commenced proceedings about him to 1

year from the date on which it learned, but not later than 5 years from the date of

When it was committed.



(4) administrative offences under this law are heard at first instance

The Czech National Bank.



(5) The liability for the acts, which took place in the business

person or in direct connection with him, subject to the provisions of the law on

liability and sanctions legal persons.



(6) income from fines imposed on securities traders is tv

The guarantee fund of securities dealers, the income of the other fines

the State budget revenue.



§ 10



In proceedings concerning measures to remedy the



(1) the administrative procedure in which corrective measures are stored under this

the law can be initiated within one year from the date of the Czech National Bank

became aware of the facts decisive for their storage, not later than

However, within ten years from the date when an obligation for which they are stored, the

last violated.



(2) if there is a risk of delay or interference with the rights of an inoperable

other people, you can control where the Czech National Bank imposes measures to

axle, and the penalties provided for in this Act or special legislation, to initiate and

the delivery of the Czech National Bank decision on interim measures.



(3) the Czech National Bank is authorised to initiate administrative proceedings and delivery

a public decree, where at least one of the conditions referred to in

paragraph 2 and unless the decision failed to deliver and the circumstances further

suggest that the person concerned will shy away from service of the decision,

and the delay in the formation of the legal effects of delivery could significantly complicate

or prevent the implementation of corrective measures or sanctions. The decision of the

The Czech National Bank in this case is delivered at the moment of posting


decrees on the notice board of the Czech National Bank.



(4) when saving measures to remedy under this Act is based on the United

the National Bank, in particular, the nature, severity, duration and method

the effects of the infringement. When deciding on the selection of measures to

remedy under this Act is required to take account of the Czech National Bank

also the nature of entrepreneurial and other economic activity, which it exercises

the person to whom the corrective measures or sanctions.



(5) the person entitled to the keeping of registers of investment instruments is bound

the Czech National Bank decision regarding her evidence-led,

as soon as it was delivered, unless otherwise specified in the decision.

Regulated market is bound by the decision of the Czech National Bank

on the suspension of trading in securities, and by the Czech national

Bank on interim measures concerning securities, as soon as

It was delivered, unless otherwise specified in the decision.



§ 11



Interim measures



(1) except in cases where the interim measure may be imposed in accordance with the General

regulations on administrative proceedings, the Czech National Bank is entitled, in the exercise of

supervision of the capital market to save also, interim measures

If it is necessary to ensure the protection of the rights and legally protected interests of the

persons who are not participants in the administrative proceeding, or if the

the performance of the final decision of the thwarted or seriously threatened. Interim measures

under paragraph 2, the Czech National Bank is entitled to save, even if

that requested by supervisory authority of another Member State of the European Union or

European economic area (hereinafter referred to as "Member State").



(2) Provisional measures may save, Czech National Bank



and) who leads to the person against whom the measures are taken to remedy the

or penalties, a securities account, not to implement any kind of registration

transfer of securities from the account to any other account of the same or

other persons or the registration of contractual lien,



(b)), who leads the securities account, acting way facing

to the transfer of securities from the account to any other account of the same or

other persons or the registration of contractual lien, if the account on the

that have been transferred by the person against whom the measures are taken to remedy the

or penalties, or any other party to the proceedings, the securities from their accounts,



(c)), who is in custody or in the custody of securities of the person against

which measures are taken to remedy or penalty, or another participant

management, acting in a manner leading to the transfer of such securities

another paper,



(d)) to the Bank, a branch of a foreign bank, or spořitelnímu and úvěrnímu

the cooperative, which lead to the person against whom the measures are taken to

remedy or sanction, or for another party regular, deposit

or other account, not to pay the funds from this account,

on them had been set-off or otherwise with them and nenakládaly,



e) Bank, foreign bank branch, or spořitelnímu and úvěrnímu

the team, which maintains current, deposit or other account, not to pay

funds from this account, did not set-off on them and even

otherwise nenakládaly with them, with respect to the account to which were transferred

the person against whom the measures are taken to remedy or sanction, or

other party to the proceedings, the funds from their accounts.



(3) the decision on interim measures shall be served on the participants in the

the proceedings and persons to whom the decision on interim measures stores

the obligation under paragraph 2 (a). a) to (e)); the breakdown brought on against this

the decision does not have suspensory effect. A participant in the proceedings on the preliminary

the measures referred to in paragraph 2 is not the person that the decision about the preliminary

the measure imposes an obligation referred to in paragraph 2 (a). a) to (e)).



(4) the interim measure shall expire after five days of its regulation.

Pass away if the reasons for which it has been ordered by the Czech National Bank, he shall

against the participants of the action before the Court to impose the obligations referred to in paragraph 2,

that have been mentioned in the decision on interim measures. The proposal must be in

the Court filed within five days of an interim measure; in such a

the case of interim measures shall lapse on the date on the enforceability of the resolution

the Court, which was decided on this proposal.



(5) decision on interim measures shall also include information on how a

When and under what conditions the interim measure ceases to exist. If a Czech

National Bank to the Court referred to in paragraph 4, the third sentence, it will send about

on the same day notice to the participants concerned.



(6) the same duty, which can be stored in the decision about the preliminary

measures under this Act may, in the performance of the Czech National Bank

supervision of the capital market save as corrective measures pursuant to

This Act or special legislation referred to in section 3.

Brought against the decision of the decay in the first sentence does not have suspensory effect.

The Czech National Bank may indicate the duration of the stored

the obligation or condition, the fulfilment of the effectiveness of the decision expires.

This condition may be the receipt of the communication of the Czech National Bank on the

the appeal of corrective measures required.



§ 12



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Management of lists and documentation and its publication



section 13 of the



(1) the Czech National Bank leads lists



) and securities traders,



(b)), the organizers of the regulated market,



(c) the operators of securities settlement systems with) the finality of settlement,



d) insurance undertakings,



e) investment intermediaries



(f)) the securities settlement systems with the finality of settlement and their

of the participants,



g) participants of foreign securities settlement systems with the finality of

the settlement who have a domicile or registered office in the Czech Republic,



h) participants of the CSD,



I) agencies for credit assessment,



(j)) of the persons authorized to conduct separate registers of investment instruments,



foreign markets similar to) the regulated market based in the State,

that is not a Member State,



l) prospectuses of securities approved by the Czech National Bank, including

electronic link to the prospectus published on the

the website of the issuer, or the regulated market

at least for a period of 12 months from the approval



m) certificate of approval of the prospectus or supplement

prospectus approved supervisory authority of another Member State, it

It was granted this authority, including an electronic link to the

certificate of approval published on this website

supervisory authority, the issuer or the regulated market at least

period of 12 months from the date of issue of the certificate of approval,



n) foreign persons who provide investment services on the territory of the United

Republic, containing all information about any branch of business establishment

located on the territory of the Czech Republic,



about pension companies representatives-bound),



p) bound representatives of investment companies



q) representatives of investment intermediaries, bound



r) representatives-bound people not referred to in subparagraphs (a) o) to (q)),



s) securities dealers who carry out systematic

internalisation,



t) shares admitted to trading on a regulated market, divided into

groups based on the average trading volume, indicating the standard volume

stores, for each group,



u) liquid shares admitted to trading on a regulated market,



pension companies)



the depositaries of pension funds) and depositaries of the participating funds and

the transformed funds



x) the international financial institutions, whose debts are guaranteed by the

States which are members of it, and



s) reputable rating agencies.



(2) the lists referred to in paragraph 1 are not public nor public lists

registers under the law governing public registers of legal entities and

natural persons.



(3) the Czech National Bank publishes



and the list of European regulated markets), published in the official journal of the

The European Union,



(b)), the list of foreign securities settlement systems with the finality of

settlement and



(c)) the list of rating agencies, published in the official journal of the European

Union.



(4) in the lists referred to in paragraph 1 shall be entered at least



and legal persons) in the business name or the name, registered office and identification

number of the person, if any, and



(b) the natural person) in the business name or name and surname, address

place of residence or registered office and number of the person it has been allocated.



(5) the Czech National Bank publishes the lists referred to in paragraphs 1 and 3

on its Web site.



(6) the Czech National Bank publishes and regularly updates on their

website in Czech and English language list of legal

the provisions that govern the scope of business activities on the capital market,

the management and administration of investment funds and foreign

investment funds and offering of investment in these funds, rights

business corporations in the field of capital market, the supplementary

pension savings, retirement savings and pension plans, and

official communication from the Czech National Bank to them.




§ 13a



(1) the Ministry of the Interior or the police of the Czech Republic provides the United

the National Bank for the execution of the authority under this Act,



and from the base) a reference population register,



(b)) the data from the agendového information system of population register,



(c)) the data from the agendového information system for foreigners.



(2) Information Provided pursuant to paragraph 1. and) are



and) surname,



(b) the name or names),



(c)) date of birth,



(d) the address of the place of stay)



e) nationality, or more of State citizenship.



(3) Information Provided pursuant to paragraph 1. (b)) are



and the name or names), surname, maiden name,



(b)) date of birth,



(c) the social security number),



(d) the address of the place of residence),



e) nationality, or more of State citizenship.



(4) Information Provided pursuant to paragraph 1. (c)) are



and the name or names), surname, maiden name,



(b)) date of birth,



c) country of citizenship or more of State citizenship,



(d)) the type and address of the place of stay



(e)) the beginning of the stay, where appropriate, the date of their stay.



(5) the data which are kept as reference data in the principal registry

the population recovered from the agendového information system registration

of the population or agendového information system for foreigners only if they are

in the shape of the previous status quo.



(6) of the provided data that can be used in a particular case only

such data, which are necessary for the performance of the task.



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§ 14



(1) the Czech National Bank publishes on its website

or in the form of official communication from the Czech National Bank in the United

National Bank (hereinafter referred to as "the Gazette")



the legally binding or enforceable) decision of the Czech National Bank pursuant to

This Act or special legislation in the area of capital

the market (paragraph 3), which are fundamental in nature, with the exception of those which contain

information, which is covered by a special law ^ 21); This decision

anonymizovaně may be published, if the full publication could be

threatened by capital market or out of proportion to the injury caused to the persons concerned, and

These decisions are always published with anonymised data to third

people,



(b) statements of final or enforceable) decision of the Czech national

the Bank in a case under this Act or special legislation in

the capital market (section 3),



(c) the opinion of the Czech National Bank) relating to the capital market,



(d)) other communication or notice from the Czech National Bank is important for

capital market.



(2) the Czech National Bank is entitled to disclose the manner referred to in paragraph

1 final or enforceable decisions pursuant to this Act or the

specific legislation in the field of capital market (paragraph 3) and other

than referred to in paragraph 1 (b). and this decision) may be published

anonymizovaně, if the full publication could be vulnerable to capital

the market or caused by disproportionate damage to the parties involved and this decision shall

always be published with anonymised data of third parties. Final

the decision, which does not grant consent to the acquisition or increase of

qualifying holding on to a person who is subject to the supervision of the Czech national

banks, or with its control of the Czech National Bank may disclose

in the manner referred to in paragraph 1, if so requested by the person, that this consent

The Czech National Bank has not granted.



(3) the Czech National Bank shall notify in the Gazette the place where will be

publicly available for inspection



and) approved securities prospectuses, including rules governing investment and

the funds and the rules governing the pension funds and insurance companies,



(b) management) for information about issuers of securities under a special

Bill. ^ 13) ^ 17) ^ 22)



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§ 15



cancelled



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section 16 of the



cancelled



§ 17



cancelled



section 18



cancelled



§ 19



Cooperation with the Chamber of Auditors of the Czech Republic



The Czech National Bank cooperates with the Chamber of Auditors of the Czech Republic,

in particular, in the implementation of internationally recognized auditing procedures in

relation to service providers on the capital market and issuers and

the streamlining of the activities of Auditors when the application of these procedures.



section 20



cancelled



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section 21



cancelled



section 22



cancelled



Article 23 of the



cancelled



section 24



cancelled



§ 25



cancelled



section 26



Confidentiality and international cooperation



(1) employees of the Czech National Bank supervising in the field

the capital market and the persons whose services it uses, Czech National Bank

in the exercise of supervision over the capital market, and their employees and

the members of the advisory bodies of the Czech National Bank for the capital region

market are required to maintain the confidentiality of all information obtained

in connection with the performance of its activities, features, or their employment in

the supervision of the capital market. Information referred to in the first sentence, it may

a person who has an obligation of confidentiality, used only in the manner and to the extent

necessary for the performance of the tasks or the performance of functions in the area of supervision of

the capital market or in judicial proceedings in connection with the

decision or the exercise of supervision over the capital market, or similar

international control. This information may also be used for other purposes

than the second sentence, unless with the consent of the person who

providing the information. Violation of obligations of confidentiality does not provide

information to third parties in aggregate form so that it cannot be identified

a particular entity to which the information relates. Obligation of secrecy

After the end of the activity, occupation or function for which this

the obligation to set up.



(2) violation of the requirements of confidentiality pursuant to paragraph 1 does not provide information



and the Czech National Bank) to employees who participates in the performance of

the financial market supervision in the Czech Republic,



(b)) of the Office in a Member State, which acts in the exercise of supervision over the

financial market,



c) to a person domiciled or resident in the Czech Republic or Member

the State that is



1. the liquidator, forced by the administrator, the insolvency administrator or a person with

similar functions performed in the body that acts on the financial market and

3(a)(1),



2. the auditor of the financial statements the statutory body acting on the

financial market and subject to supervision,



3. the operator of a securities settlement system of securities

providing settlement services for regulated market in

The Czech Republic, if the provision of the information necessary to ensure the

the proper performance of the functions of that person in the event of failure or imminent

failure to comply with debt from a participant or participants of the regulated market,

which the person provides services



4. the operator of a compensation scheme for investors or system

deposit insurance,



d) Office in the Czech Republic or in a Member State, which acts in the

exercising supervision over the persons referred to in subparagraph (c)) points 1 and 2; Czech national

the Bank also will provide information to the authority in the Czech Republic or in a Member

the State, which acts in the exercise of supervision over the settlement and payment

systems, and compliance with the law of corporations,



(e) the central administrative services) legislative authorities

legislation in the field of financial market



(f)) to the authorities in the Czech Republic or in a Member State law enforcement

management or dealing with the fight against the legalization of proceeds of crime

activity or the implementation of international sanctions in order to maintain

international peace and security, the protection of fundamental human rights and

the fight against terrorism; information can also provide international

the organization acting in the field of the fight against crime, or

the legalization of the proceeds of crime,



(g)) the Court in the context of insolvency proceedings or equivalent foreign

proceedings, held in the case of insolvency of the person under the supervision of the United

National Bank; data relating to third parties, however, provided to be

they cannot,



(h)) to the Ombudsman in connection with the investigation by a special

the law,



I) European supervisory authorities (the European banking authority,

The European Securities and markets authority

insurance and occupational pensions) ^ 33) and the European Council

systemic risk ^ 34).



(3) breach of confidentiality referred to in paragraph 1 is not providing

information the European Central Bank and the Central Bank of the Member State.



(4) information to the bodies and authorities referred to in paragraph 2 to provide a way

and to the extent necessary for the performance of their duties or the performance of their functions and

If it is for them a system of confidentiality obligations at least in

the range of comparable scope under this Act.



(5) information obtained in connection with the performance of the supervision of capital

the market may also be provided to the institutions of the European Union, if it is

need for the performance of international agreements, to which the Czech Republic is bound and

that was duly announced.



(6) the information provided by the Czech National Bank by a foreign authority that

acting in the performance of the financial market supervision, cannot be used to

any purpose other than that for which it was provided, and may not be without

consent of the provider made available to anyone else.



(7) information from the Czech National Bank under the control of the territory


the foreign State may not be without the consent of the Office of financial supervision

This State is provided to anyone else.



(8) the authority, which acts in the performance of financial market supervision in the

State which is not a Member State, can be used to provide information for the purposes of

performance of its tasks only on the basis of the agreement and only if it is

a system of confidentiality obligations at least comparable with the

arrangements referred to in this Act. The obligations laid down by law for the protection of

personal data are not affected ^ 26).



(9) If a system for them to confidentiality obligations

at least comparable with the regime under this Act, on the basis of

the agreement to provide information for the purposes of carrying out their duties also



and) residents or based in the State, which is not

Member State, which exercise the body acts on the financial

the market and subject to the supervision function of its content and character of a similar

the function of a liquidator, receiver, trustee,

the preliminary insolvency administrator or auditor



(b)) Office based in the State, which is not a Member State, with a supervising

person referred to in subparagraph (a)),



c) to a person established or resident in a State which is not a Member

State, the operating system to guarantee the protection of investors,



(d)) law enforcement authority based in the State, which is not

Member State, and



e) authority, based in the State, which is not a Member State, covering

the fight against the legalization of proceeds of crime, or the implementation of

international sanctions in order to maintain international peace and

safety, the protection of fundamental human rights and the fight against terrorism;

the obligations laid down by the law on the protection of personal data are not

without prejudice to the ^ 26).



(10) on the conclusion of the agreement in accordance with paragraphs 8 and 9, shall inform the Czech national

Bank the European supervisory authority (European Securities and markets authority).



section 27 of the



cancelled



TITLE III



cancelled



section 28



cancelled



TITLE IV



TRANSITIONAL PROVISIONS



section 29



(1) in proceedings instituted by the Ministry in accordance with special laws 1.

April 1998 will be continued before the Commission under this Act.



(2) the model licence, the State supervision of the capital market, the Commission shall

legal regulation.



PART TWO



AMENDMENT and supplement of the LAW of the CZECH NATIONAL COUNCIL No. 2/1969 Coll., on ESTABLISHMENT of the

MINISTRIES AND OTHER CENTRAL BODIES OF STATE ADMINISTRATION OF THE CZECH REPUBLIC,

AS AMENDED



section 30



The law of the Czech National Council No. 2/1969 Coll., on establishment of ministries and other

Central Government authorities of the Czech Republic, as amended by the law of the Czech

the National Council No. 34/1970 Coll., Act of the Czech National Council No. 147/1970 Coll.

the Czech National Council Act No. 125/1973 Coll., Act of the Czech National Council.

25/1976 Coll., Act of the Czech National Council No. 119/1983, Coll., Act of the Czech

the National Council No. 60/1988 Coll., Act of the Czech National Council No. 173/1989 Coll.,

the legal measures of the Bureau of the Czech National Council No. 9/1990 Coll.

the Czech National Council Act No. 93/1990 Coll., Act of the Czech National Council.

126/1990 Coll., Act of the Czech National Council No. 202/1990 Coll., Act of the Czech

the National Council No. 288/1990 Coll., legal measures of the Bureau of the United

the National Council No. 305/1990 Coll., Act of the Czech National Council No. 576/1990

Coll., Act of the Czech National Council No. 171/1991 Coll., Act of the Czech national

Council No. 283/1991 Coll., Act of the Czech National Council No. 19/1992 Coll., Act

The Czech National Council No. 23/1992 Coll., Act of the Czech National Council.

103/1992 Coll., Act of the Czech National Council No. 167/1992 Coll., Act of the Czech

the National Council No. 241/1992 Coll., legal measures of the Bureau of the United

the National Council no 350/1992 Coll., Act of the Czech National Council No. 357/1992

Coll., Act of the Czech National Council No. 357/1992 Coll., Act of the Czech national

Council no 474/1992 Coll., Act of the Czech National Council No. 542/1992 Coll., Act

The Czech National Council No. 21/1993 Coll., Act No. 166/1993 Coll., Act No.

285/1993 Coll., Act No. 47/1994 Coll., Act No. 89/1995 Coll., Act No.

289/1995 Coll., Act No. 135/1996 Coll., Act No. 272/1996 Coll., and act

No. 152/1997 Coll., shall be amended and supplemented as follows:



1. In article 2 (2). 1, the following point 8 dot replaced with a comma and the following point

9, which reads as follows:



"9. the Securities and Exchange Commission.".



2. In article 2 (2). 3 the following is added after the first sentence the phrase: "the President and the members of the

The Presidium of the Securities and Exchange Commission appoints and dismisses Government

President of the Republic. ".



3. In section 4, paragraph 4. 1, after the words "financial market" shall be inserted after the words: "with the

the exception of the supervision of the capital market within the scope of the Commission for

securities ".



PART THREE



cancelled



section 31



cancelled



§ 32



cancelled



PART FOUR



cancelled



§ 33



cancelled



§ 34



cancelled



PART FIVE



cancelled



§ 35



cancelled



PART SIX



cancelled



section 36



cancelled



PART SEVEN



ADDITIONS TO LAW NO. 455/1991 Coll., on TRADES

(TRADE ACT), AS AMENDED



§ 37



Act No. 455/1991 Coll., on trades (Trade Act),

as amended by Act No. 234/1992 Coll., Act of the Czech National Council No. 591/1992

Coll., Act No. 600/1992 Coll., Act No. 273/1993 Coll., Act No. 303/1993

Coll., Act No. 38/1994 Coll., Act No. 42/1994 Coll., Act No. 133/1994

Coll., Act No. 200/1994 Coll., Act No. 237/1995 Coll., Act No. 288/1995

Coll., Act No. 94/1996 Coll., Act No. 95/1996 Coll., Act No. 147/1996

Coll., Act No. 19/1997 Coll., Act No. 49/1997 Coll., Act No. 61/1997

Coll., Act No. 79/1997 Coll., Act No. 217/1997 Coll. and Act No. 280/1997

Coll., shall be supplemented as follows:



In section 3, paragraph 3. 3 (b). a), the words ' of the collective administration of property

the participation of ^ 13) "shall be inserted after the words:" and the activities of the persons making

settlement of trades in securities ^ 13a) ".



Note 13a) reads as follows:



"13a) section 70b of the Act No. 586/1992 Coll.".



PART EIGHT



cancelled



§ 38



cancelled



§ 39



cancelled



PART NINE



AMENDMENT and supplement of Act No. 42/1994 Coll. on SUPPLEMENTARY PENSION INSURANCE with

STATE CONTRIBUTION AND ON AMENDMENTS TO CERTAIN ACTS RELATING TO HIS

The INTRODUCTION, AS AMENDED by ACT No 61/1996 Coll.



section 40



Act No. 42/1994 Coll. on supplementary pension insurance with State contribution and

about changes to certain laws related to its introduction, as amended by

Act No. 61/1996 Coll., shall be amended and supplemented as follows:



1. in § 5 para. 1 the second sentence, after the words "Ministry of labour and

Social Affairs "shall be inserted after the words:" and the Securities Commission ".



2. In section 8 paragraph 1. 2, after the words "the Ministry" are inserted after the words: "

agreement with the Commission for securities ".



3. § 9 para. 2 at the end of this sentence: "the attached amendment to the Statute of the

the Ministry approves the agreement with the Commission for securities. ".



4. In section 34 para. 5 after the word "Ministry" shall be inserted after the words: "and

Securities and Exchange Commission ".



5. § 36 odst. 3, after the word "Ministry" shall be inserted after the words: "and

Securities and Exchange Commission ".



6. In § 39 para. 4, after the word "Ministry" are inserted after the words: "after

agreement with the Commission for securities ".



7. In § 42 para. 1, after the word "Ministry" are inserted after the words: "and

The Securities Commission (§ 45a) ".



8. in section 45 shall be added to § 45a is added:



"§ 45a



(1) the activities of the pension fund under this Act shall be subject to the State

the supervision of the Securities and Exchange Commission in the scope of its obligations set out in

This law when placing funds in the pension fund under section 33. On

the procedure in the exercise of State supervision of the securities shall be

subject to the provisions of § 42 para. 2, 4 and 5 and § 43 para. 1 (b). and), (b)), and

(c)). The decision on the suspension of the privilege of the Board pursuant to § 43 para.

1 (b). c) receives the Securities Commission in agreement with the Ministry.



(2) the activities of the depositary pursuant to this Act shall be subject to State supervision

The Securities Commission in the scope of its duty to inspect

placement of funds in the pension fund under section 33. On the process performance

State supervision of the securities shall apply mutatis mutandis

the provisions of § 43 para. 1 (b). a) and (b)). ".



PART TEN



SUPPLEMENTING the ACT of the CZECH NATIONAL COUNCIL No. 6/1993 Coll., on the CZECH NATIONAL

The Bank, AS AMENDED by Act No. 61/1993.



§ 41



The Czech National Council Act No. 6/1993 Coll. on Česká národní banka, as amended by

Act No. 61/1993 Coll., shall be supplemented as follows:



1. section 3, the following paragraph 3, 4 and 5, including notes # 17)

^ ^ 18) and 19) are added:



"(3) the Czech National Bank is obliged to send to the Securities and Exchange Commission

a copy of a copy of the decision or by a special Act. ^ 17)



(4) the Czech National Bank is obliged under a special law ^ 18)

inform the Securities and Exchange Commission relating to transactions with investment

instruments, and, if requested, to perform the control of cash transactions

associated with these shops.



(5) the Czech National Bank is obliged under a special law ^ 19)

inform the Securities and Exchange Commission and the Treasury Department to initiate the

management and its progress, whose subject is the imposition of remedial measures and

sanctions.



17) § 16 para. 2 of law No. 15/1998 Coll., on the Securities and Exchange Commission and the

amendments to other laws.



18) § 17 para. 1 of law No. 15/1998 Coll.



19) § 16 para. 1 (b). (c)) of the law No. 15/1998 Coll. ".



2. under section 60 shall be added to § 60a, which including notes # 20):



"§ 60a




The Czech National Bank in cooperation with the Ministry of finance and the Commission for

securities shall be drawn up not later than three months from the effectiveness of the Special

the law ^ 20) system of mutual cooperation in the field of capital market.



20) Law No. 15/1998 Coll. ".



PART ELEVEN



cancelled



§ 42



cancelled



PART TWELVE



Amendment and SUPPLEMENT of Act No 99/1963 Coll., the CODE of CIVIL PROCEDURE, AS AMENDED by

AMENDED



§ 43



Act No. 99/1963 Coll., the code of civil procedure as amended by Act No. 36/1967

Coll., Act No. 158/1969 Coll., Act No. 50/1973 Coll., Act No. 20/1975

Coll., Act No. 135/1982 Coll., Act No. 180/1990 Coll., Act No. 328/1991

Coll., Act No. 519/1991 Coll., Act No. 263/1992 Coll., Act of the Czech

the National Council No. 24/1993 Coll., Act No. 171/1993 Coll., Act No. 116/1994

Coll., Act No. 152/1994 Coll., Act No. 216/1994, Coll., Act No. 84/1995

Coll., Act No. 118/1995 Coll., Act No. 160/1995 Coll., Act No. 237/1995

Coll., Act No. 247/1995 Coll., Constitutional Court No. 31/1996 Coll.,

Act No. 142/1996 Coll., Constitutional Court No. 269/1996 Coll., Act

No 202/1997 Coll. and Act No. 227/1997 Coll., shall be amended and supplemented as follows:



1. in § 9 para. 3 (b). (b)) point qq) is replaced with a comma a semicolon at the end of the

and a new point of the ss), including notes # 13a) reads as follows:



"ss) in matters of capital market under the special law; ^ 13a)



13A) Law No. 15/1998 Coll., on the Securities and Exchange Commission, and amending and

supplement other laws. ".



2. section 75, the following paragraph 4 is added:



"(4) on an application for interim measures pursuant to such a law, 13a) must be ^ ^

be taken not later than five days after it was filed. ".



PART THIRTEEN



§ 44



The effectiveness of the



This Act shall take effect on 1 January 2000. April 1998, with the exception of § 2, section 21

up to 28 and article 30 points 1 and 2, which shall take effect on the date of its publication.



Zeman in r.



Havel, v. r.



Tošovský in r.



Selected provisions of the novel



Article II of the Act No. 312/2002 Coll.



Transitional provision



The proceedings initiated before the date of entry into force of this law shall be completed

According to the existing legislation.



Article. In the law 257/2004 Coll.



Transitional provisions



Until the day when the Central Depositary of dematerialized securities

paper-led Centre of securities pursuant to Act No. 586/1992 Coll.

of the Securities Act, as amended by law No. 89/1993 Coll., Act No. 331/1993

Coll., Act No. 266/1994 Coll., Act No. 61/1996 Coll., the Act No. 152/1996

Coll., Act No. 15/1998 Coll., Act No. 70/2000 Coll., Act No. 307/2000

Coll., Act No. 367/2000 Coll., Act No. 239/2001 Coll., Act No. 257/2001

Coll., Act No. 501/2001 Coll., Act No. 312/2002 Coll., constitutional

the Court declared under no. 476/2002 Coll. and Act No. 88/2003 Coll., leads

The Commission a list of the persons authorized to conduct part of the records of the Centre

securities, as well as the performance of other of its activities under this

the law.



Article. (III) Act No. 57/2006 Sb.



Transitional provisions



1. On the date of entry into force of this Act, the Securities Commission shall expire

(hereinafter referred to as "the Commission"), and ends with the Chairperson and members of the Presidium

Of the Commission. The current responsibilities of the Commission under the laws and other

legislation passes the effective date of this Act from the Commission

the Czech National Bank.



2. the decision in administrative procedure issued by the Commission pursuant to Act No. 513/1991

Coll., the commercial code, Act No. 61/1996, on certain measures

against the legalization of proceeds of crime and amending and supplementing

related laws, Act No. 15/1998 Coll., on the Securities and Exchange Commission

and amending and supplementing other legislation, Act No. 189/2004 Coll., on

collective investment Act No. 190/2004 Coll. on bonds, or

Act No. 256/2004 Coll., on the capital market, in the versions

effective until the date of entry into force of this law, shall be construed as

the decision issued by the Czech National Bank and the rights and obligations arising from the

the basis of this decision are not affected. If it was such a

the decision imposed a fine, which has not yet been paid, when it

collection and recovery proceeds according to the following laws in force

from the date of entry into force of this Act. If the decision of the Commission before the

the effective date of this Act repealed and the case returned to the new

discussion is relevant to him, the Czech National Bank, which shall act

According to the existing legislation.



3. Proceedings instituted by the Commission and before the date of entry into force of this

Act according to the law No. 513/1991 Coll., the commercial code, law No.

61/1996, on certain measures against the legalization of proceeds of crime

activities of and amendments to related laws, Act No. 15/1998

Coll. on the Securities and Exchange Commission, and amending and supplementing other acts,

Act No. 186/2004 Coll., on collective investment Act No. 190/2004

Coll. on bonds, or Act No. 256/2004 Coll., on business

capital market, in the texts of the effective until the date of entry into force of this

the law, according to the Czech National Bank completes the existing legislation.

If a fine is imposed in such proceedings, in its collection and enforcement

the process according to these laws, in the version in force from the date of acquisition

the effectiveness of this Act.



4. If before the date of entry into force of this Act, the decision

The Commission, pursuant to Act No. 513/1991 Coll., the commercial code, law No.

61/1996, on certain measures against the legalization of proceeds of crime

activities of and amendments to related laws, Act No. 15/1998

Coll. on the Securities and Exchange Commission, and amending and supplementing other acts,

Act No. 186/2004 Coll., on collective investment Act No. 190/2004

Coll. on bonds, or Act No. 256/2004 Coll., on business

capital market, in the texts of the effective until the date of entry into force of this

the law, and if it was filed against this decision, decides about him

the Bank Board of the Czech National Bank pursuant to the existing legislation. If

the Board shall revoke the decision and return the matter for reconsideration,

It is to this new discussion of relevant Czech National Bank, which

Decides, pursuant to the existing legislation. Management and recovery in review

the proceeding concerning these decisions shall be decided by the Czech National Bank as

the existing legislation.



5. the staff of the Commission on the date of entry into force of this Act, become

employees of the Czech National Bank. The rights and obligations of employment

relations of these employees from the Commission on the Czech National Bank.

The rights and obligations of the employment relationships of those employees whose

the employment of the Commission ended before the date of entry into force of this

the law is settled by the Ministry of finance.



6. the right of management of the property owned by the United States, with the

the exception of real estate, which was at the date of entry into force of this

Act appropriate manage Commission and required to exercise supervision

The Czech National Bank according to the law No. 15/1998 Coll., on the Securities and Exchange Commission

papers and amending and supplementing other acts, in the version in force from the date of

entry into force of this Act shall expire on the date of entry into force of this

the law. This property becomes the effective date of this Act,

the Czech National Bank assets and liabilities related to assets

become the effective date of this Act of the Czech national commitments

of the Bank. The other thing that was appropriate to manage the Commission, and

other liabilities, settlement of the Ministry of finance. Details provided by

the agreement between the Czech National Bank and the Ministry of finance. 7. cash

resources in the amount of the balance of the Reserve Fund and the Fund for cultural and

social needs of the Commission and any amount receivable and commitments related to the

the fulfilment of the Fund for cultural and social needs, the Commission shall pass on the date

entry into force of this Act on the Czech National Bank.



8. the date of entry into force of this Act shall become the Czech National Bank

instead of the Commission or of the State party, in which he appears as

participant in the Commission or in which the Commission acts for the State. Financial

the commitments on the basis of such control arise, the Czech National Bank,

shall be reimbursed by the State. This also applies to commitments incurred by the Czech National Bank

as a result of proceedings initiated after the date of entry into force of this Act, and

relating to the work of the Commission in accordance with the existing legislation.



9. On the date of entry into force of this Act shall terminate immediately the power of attorney granted by the

By the Commission.



10. the obligation of professional secrecy pursuant to § persons 26 of Act No. 15/1998

Coll. on the Securities and Exchange Commission, and amending and supplementing other acts, in

the version in force until the date of entry into force of this Act, this Act does not

without prejudice to the.



11. the periods that began running before the date of entry into force of this Act

According to the existing legislation, are not affected by this Act.



12. the report on the situation on the Czech capital market proposed by the Commission in

the year 2005 in accordance with § 4 of law No. 15/1998 Coll., on the Securities and Exchange Commission and the

amendments to other laws, in the version in force before the date of application

the effectiveness of this Act and shall submit to the Government, and the Chamber of Deputies

The Czech National Bank to 30. September 2006, unless it was presented by the Commission

to the effective date of this Act.




1) Act No. 256/2004 Coll., on the capital market, as amended by

amended.



Law No. 189/2004 Coll., on collective investment, as amended by Act No.

377/2005 Sb.



Act No. 190/2004 Coll. on bonds, as amended by law No 378/2005 Sb.



Act No. 513/1991 Coll., the commercial code, as amended.



Act No. 42/1994 Coll. on supplementary pension insurance with State contribution and

about changes to certain laws related to its introduction, as amended by

amended.



1A) European Parliament and Council Regulation (EC) No 1060/2009 of 16 January 1996.

September 2009 on credit rating agencies.



4A) § 45a of the Act No. 586/1992 Coll.



7) Act No. 71/1967 Coll., on administrative proceedings (administrative code).



7A) § 152 paragraph 1. 5 of the administrative code.



9A) Commission Regulation (EC) no 2273/2003 of 22 July 2003. December 2003 laying

implementing European Parliament and Council Directive 2003/6/EC as regards the

exemptions for buy-back programmes and stabilisation of financial instruments.



Commission Regulation (EC) no 809/2004 of 29 April 2004. April 2004 laying

performed by European Parliament and Council Directive 2003/71/EC as regards the

the information contained in prospectuses as well as the format, incorporation, placing the data in the form of

reference, publication of such prospectuses and dissemination of advertisements.



Commission Regulation (EC) no 1287/2006 of 10 March 2006. August 2006

performed by European Parliament and Council Directive 2004/39/EC as regards the

about archiving obligations securities transaction reporting,

transparency of the markets, the conditions for the admission of financial instruments to

trading, as well as the definition of some terms.



9B) § 2 (b). h) Act No. 127/2005 Coll., on electronic communications.



11) paragraph 6 of Act No. 256/2004 Coll., on the capital market.



12) section 14 of Act No. 256/2004 Coll., as amended.



13) section 74 of the Act No. 256/2004 Coll., as amended.



14) section 83 of the Act No. 256/2004 Coll., as amended.



15) section 45 of Act No. 256/2004 Coll., as amended.



17) § 36a, 37 of Act No. 248/1992 Coll., as amended by Act No. 151/1996 Coll.



20 d) Act No. 133/2000 Coll., on registration of the population and the birth numbers and

amendments to certain laws (law on population register), as amended

regulations.



20e) § 1 of the law No. 133/2000 Coll., as amended by Act No. 53/2004 Sb.



20f) Act No. 40/1993 Coll. on acquisition and loss of citizenship

The Czech Republic, as amended.



21) Act No. 148/1998 Coll., on the protection of classified information and amending

certain acts, as amended.



22) Act No. 586/1992 Coll., as amended.



23) for example. section 38 of Act No. 21/1992 Coll., on banks, as amended by Act No.

84/1995 Coll., section 7 of Act No. 61/1996, on certain measures against the

the legalization of the proceeds of crime and amending and supplementing the related

laws.



for example, section 24A) 37 of Act No. 248/1992 Coll., as amended

regulations.



24B) section 91 of Act No. 586/1992 Coll., as amended.



24 c) for example, § 45, 45a, 49, 50, 70a, 70b to Act No. 586/1992 Coll., on

as amended, section 8 of Act No. 248/1992 Coll., as amended by

amended, § 2 of the Act No. 214/1992 Coll., on the stock exchange

securities, as amended.



AA) § 22 para. 2 (a). and) Act No 530/1990 Coll. on bonds, in

as amended.



25) Act No. 237/1995 Coll., on salary and other terms associated with the

the performance of the functions of the representatives of State power and some State authorities,

in the wording of later regulations.



Regulation of the Government No. 256/1992 Coll., determining the emoluments of the employees

Government authorities, some of the other institutions and municipalities, as amended by

amended.



26) section 27 of Act No. 101/2002 Coll., on the protection of personal data, as amended by

Act No. 435/2004 Coll.



29) European Parliament and Council Regulation (EC) No 1060/2009 of 16 January 1996.

September 2009 on credit rating agencies, as amended by regulation of the European

Parliament and of the Council (EU) no 531/2011.



30) Article. 36 d of paragraph 1. 2A of the European Parliament and Council Regulation (EC) No.

1060/2009, as amended by European Parliament and Council Regulation (EU) No.

531/2011.



31) § 2 (2). 2 Act No. 280/2009 Coll., the tax code.



33) European Parliament and Council Regulation (EU) no 1093/2010 of 24.

November 2010 on the establishment of a European supervisory authority (European

for banking), amending Decision No 716/2009/EC and repealing

Commission decision 2009/78/EC.



European Parliament and Council Regulation (EU) no 1094/2010 of 24.

November 2010 on the establishment of a European supervisory authority (European

insurance and occupational pensions), amending

decision No 716/2009/EC and repealing Commission decision 2009/79/EC.



Regulation of the European Parliament and of the Council (EC) No 1095/2010 of 24.

November 2010 on the establishment of a European supervisory authority (European

Securities and markets), amending Decision No 716/2009/EC and repealing

Commission decision 2009/77/EC.



34) European Parliament and Council Regulation (EU) no 1092/2010 of 24.

November 2010 on Community macro prudential oversight of the financial system

the level of the European Union and establishing a European systemic risk Board.



35) § 97 of Act No. 127/2005 Coll., on electronic communications and

changes to some related laws (Act on electronic

communications), as amended by Act No. 290/2005 Coll., Act No. 177/2008 Coll.,

Act No. 247/2008 Coll., Act No. 153/2010 Coll., Constitutional Court

the declared under no 94/2007 Coll. and Act No. 273/2009 Sb.



36) European Parliament and Council Regulation (EU) No 648/2012 of the 4.

July 2012 on OTC derivatives, central counterparties and trade repositories registers

business data.