Financial services

Financial markets law is a dynamic field, where legislation and regulations change up to several times per year. Our law firm is up to date with EU and Czech legislation and on some occasions we are involved in drafting regulation changes. That is the reason why we are always well informed about upcoming changes, and therefore are able to help our clients prepare their business ahead of for these changes. We watch over Czech National Bank decision making process in financial markets as well as decision making process of the Financial Analytical unit of the Czech Ministry of Finance in Anti Money Laundering (AML)/CFT issues. We inform our clients about decisions making process outcomes on a regular basis. Our clients are securities traders, investment agents, payment institutions, small-scale payments service providers, investment companies and funds, insurance agents, non-bank loans providers, and more.

We provide expert advice on securities, investment tools offerings, and law enforcement on a daily basis. We have represented many of our clients in license and permit proceedings as well as Czech National Bank sanction proceedings.

Please have a look at our financial markets law references.

References

List of our financial legal services:

Consumer lending

  • Establishment of non-bank customer loan providers
  • Application for non-bank customer loan providers licence
  • Representation at non-bank customer loan providers licencing
  • Client agreements
  • Internal regulations and procedures agreements
  • Organization of internal operations
  • AML measures
  • Investment services staff training
  • Compliance services
  • Internal audit
  • Representing clients at Czech National Bank controls and Czech National Bank sanction proceedings.

Securities

  • Promissory notes and their terms fulfilment
  • Guaranteed transactions of securities
  • Buy/sell operations, securities loans
  • Changes if types and form of shares
  • Advisory services on promissory notes transactions (registered and non-registered)
  • Drafts of securities prospectus and representation in administrative proceeding of prospectus approval
  • Obligations

Securities trading

  • Individual establishment of securities traders
  • Representations in securities traders licencing (licence granting) for Czech National Bank administrative proceedings
  • Client agreements
  • Internal regulations and procedures agreements
  • Organization of internal operations
  • AML measures
  • Investment services staff training
  • Compliance services
  • Internal audits
  • Representing clients at Czech National Bank controls and Czech National Bank sanction proceedings.

Investment mediation

  • Investment mediator registrations at Czech National Bank
  • Registration of representatives at Czech National Bank
  • Investment mediator and representatives agreements
  • Client agreements
  • Internal regulations and procedures agreements
  • Organization of internal operations
  • Investment services staff training
  • Compliance services
  • Transformation of investment mediators to securities traders
  • Representing clients at Czech National Bank controls and Czech National Bank sanction proceedings.

Banking (Bank operations)

  • Credit project financing, finance acquisitions, structured credits and loans
  • Negotiation of credits and loans term and conditions
  • Assurances of credits and loans, properties, securities, movables, commercial shares, intellectual property rights
  • Existing credits refinancing, pledge and deposits release condition negotiation
  • Bonds financing, programs, agents services
  • Structures financial tools, bond shares, innovative investment tools, promissory tools programs
  • Credits and loan recovery, structured solution for insolvency, receivables margining
  • Receivables and bank loans sales
  • Legal due diligence for banks and debtors
  • Solutions for clients payment failures
  • Bank products agreements, terms and conditions, product sheets, and advertising

Collective investments

  • Individual establishment of investment funds companies
  • Establishment of investment funds for certified investors
  • Representation in investment fund companies licencing or investment funds licencing
  • Fund status drafts
  • Fund shares and unit trust securities agreements
  • Depository agreements
  • Organization of internal operations
  • Internal regulations and procedures agreements
  • Organization of internal operations
  • AML measures
  • Investment services staff training
  • Compliance services
  • Internal audit
  • Representing clients at Czech National Bank controls and Czech National Bank sanction proceedings.

Payment services

  • Payment institutions establishment
  • Small scale payment service provider registration
  • Electronic Money Institutions establishment
  • Small scale Electronic Money issue registration
  • Representation in payment service provider licencing and Electronic Money Institutions licencing
  • Organization of internal operations
  • Internal regulations and procedures agreements
  • Organization of internal operations
  • AML measures
  • Investment services staff training
  • Compliance services
  • Internal audit
  • Representing clients at Czech National Bank controls and Czech National Bank sanction proceedings.

Financial institutions compliance

  • Financial markets regulations monitoring
  • Internal regulations and procedures agreements–compliance with existing regulations
  • Company activities compliance with internal and legal regulations
  • Internal control guidelines
  • Operational Risk Management
  • AML measures
  • Staff and statutory institutions training and online consultations
  • Find out more about compliance here

Financial institutions internal audit

  • Financial institution risks and procedures analysis
  • Internal audit guidelines
  • Audit operations peer reviews
  • Special audits based on statutory institution requirements
  • Staff and statutory institutions assurance and consultancy
  • More about internal audit here

Insurance mediation

  • Insurance agent or broker registration at Czech National Bank
  • Subordinated insurance intermediaries registration at Czech National Bank
  • Subordinated insurance intermediaries and insurance intermediaries agreements
  • Client agreements
  • Internal regulations and procedures agreements
  • Organization of internal operations
  • Staff and subordinated insurance intermediaries training
  • Compliance services
  • Clients Representation at Czech National Bank controls and Czech National Bank sanction proceedings.