Who grants the licence?
Czech National Bank
Who needs the licence?
Anyone who wants to intermediate consumer loans on the basis of intermediary contracts concluded with a consumer or a consumer credit provider. Head of persons and staff of intermediaries must have passed a professional competence test in the field of consumer credit.
What will we do for you?
- we will assign you a personal project manager who will guide you through the entire registration process
- we will process the application for registration with the CNB and all its attachments
- we will create complete internal regulations and procedures
- we will set up a suitable internal organisation
- set up internal management and control systems
- ensure compliance and any reporting to the CNB
- after obtaining registration, we will be ready to assist you on an ongoing basis with regulatory, internal audit or negotiations with the CNB and other regulatory bodies
- it takes about 1 month to process all the documents on a turnkey basis
What will we need from you to do all this?
- information on what types of credit services you want to provide
- information about the managers
- information on persons with qualifying holdings up to the ultimate owner
- evidence of a proficiency test
- other information depending on the type of services and scope of the application
Who have we already arranged a licence for?
We have arranged licences for Charlie Bravo, Nexum Venture, OK Money, Smarty.cz, to name a few, Czech Triangle, Hypocity or De vries Justitia. More references can be found here.
How much will it cost?
The price depends on the complexity and scope of the license. After a telephone or personal consultation from us you will receive a specific written quotation. We will be happy to help you with registration. Contact us.
Do you want the licence?
