pursuant to Act No. 106/1999 Coll., on Freedom of Information, as amended (hereinafter the “Act”) published in the structure pursuant to Decree No. 442/2006 Coll., stipulating the structure of information published on an obliged entity in a manner allowing remote access, as amended by Decree No. 41/2008 Coll.
Czech National Bank
2. Reason for, and manner, of founding
Under Article 98 of the Constitution of the Czech Republic, the CNB is the central bank of the state. The CNB is a legal entity which was established under Act No. 6/1993 Coll., on the Czech National bank, as amended (hereinafter the “Act on the CNB”). The primary objective of the CNB is to maintain price stability, and interventions in its activities are permissible only on the basis of a law.
The CNB also maintains financial stability and sees to the sound operation of the financial system in the Czech Republic.
Its status and responsibilities and other details are laid down by law, in particular the Act on the CNB and legal rules regulating the activities of the CNB as the authority responsible for the supervision of the financial market, where, in particular banks, credit unions, insurance companies, investment firms, investment companies, investment funds and pension funds operate.
In accordance with its primary objective, the CNB sets monetary policy; issues banknotes and coins; manages the circulation of currency, administers payments and clearing between banks, foreign bank branches and credit unions, promotes smooth and efficient operation thereof and contributes to the safety, soundness and efficiency of payment and settlement systems and to the development thereof; supervises the activities of entities operating on the financial market; sets macroprudential policy by identifying, monitoring and assessing risks jeopardising the stability of the financial system and, in order to prevent or mitigate these risks, contributes by means of its powers to the resilience of the financial system and the maintenance of financial stability; where necessary, cooperates with the relevant state authorities in setting macroprudential policy; and carries on other activities pursuant to the Act on the CNB and pursuant to other legal rules.
The CNB is obliged to submit to the Chamber of Deputies an annual financial report within three months of the end of the calendar year for review (this report also contains information about the salaries of CNB Board members), a report on monetary developments at least twice a year for review, and a financial stability report at least once a year for information (this report also contains a macroprudential policy strategy). The Czech National Bank each year compiles and submits for information to the Chamber of Deputies, the Senate and the Government a report on the performance of financial market supervision by 30 June of the following year. The CNB is obliged to inform the public about monetary developments at least once every three months in a manner allowing remote access.
3. Organisational structure
The supreme governing body of the CNB is the seven-member Bank Board, comprising the Governor, two Vice-Governors and four other members of the Bank Board. The Bank Board members are appointed for a term of six years and are appointed and recalled by the President of the Czech Republic. No person is allowed to hold the position of a member of the Bank Board more than twice. The Bank Board sets monetary and macroprudential policy and the instruments for implementing that policy, and decides upon fundamental monetary and macroprudential policy measures and measures in the area of financial market supervision.
The CNB consists of a headquarters broken down into departments, each headed by an Executive Director, branches in Prague, Hradec Králové, Brno and Ostrava, each also headed by an Executive Director, and regional offices in České Budějovice, Plzeň and Ústí nad Labem. The current CNB organisational chart is published at www.cnb.cz. The CNB’s headquarters is in Prague, address Na Příkopě 28, 115 03 Praha 1, tel. 022441 1111. The CNB’s identification number is: 48136450.
4. Contact details
|Contact postal address, including office for personal visits:|
|Headquarters||Česká národní banka,||Na Příkopě 28, 115 03 Praha 1|
|Regional offices||Ústí nad Labem||Klášterní 3301/11, 401 22 Ústí nad Labem|
||Husova 10, 305 67 Plzeň|
|České Budějovice:||Lannova třída 1, 371 35 České Budějovice|
|Branches||Prague:||Na Příkopě 28, 115 03 Praha 1|
|Brno:||Rooseveltova 18, 601 10 Brno|
|Hradec Králové:||Hořická 1652, 502 00 Hradec Králové|
|Ostrava:||Nádražní 4, 702 00 Ostrava|
|Opening hours of the CNB mailing room and cash desk - branches:|
and Regional offices
|cash desk||Mon–Fri: 7.30 a.m. - 11.30 a.m., 12.30 - 14.00 p.m.
(Prague 7.30 a.m. - 14.00 p.m.)
|mailing room||Mon–Fri: 7.30 a.m.–14.00 p.m.|
|Opening hours of the CNB mailing room - headquarters|
|Headquarters||Prague:||Mon–Thu: 8.00 a.m. - 4.15 p.m. (Fri: 8.00 a.m. - 3.00 p.m.)|
and Regional offices
|224 411 111|
|Branches:||Prague:||224 411 111|
|Brno:||542 137 111|
|Hradec Králové:||495 711 111|
|Ostrava:||596 151 111|
and Regional offices
|224 218 522, 224 217 865|
|Branches||Prague:||224 413 166|
|Brno:||542 137 114|
|Hradec Králové:||495 711 107|
|Ostrava:||596 151 498|
Website address: www.cnb.cz
Mailing room e-mail address: firstname.lastname@example.org
5. Any payments can be sent to:
Administrative fees and reimbursements
27-69193891 – Administrative fees for registration of insurance intermediaries – ISPOZ
43-69193891 – Lump-sum reimbursement of the costs of administrative proceedings in connection with Act No. 219/1995 Coll., the Foreign Exchange Act
51-69193891 – Other administrative fees for the insurance area
78-69193891 – Administrative fees for the pension fund and collective investment area
86-69193891 – Administrative fees for the area of investment services providers
107-69193891 – Administrative fees for the securities issuance area
115-69193891 – Lump-sum reimbursement of the costs of proceedings and other income relating to penalty and offence proceedings
131-69193891 – Lump-sum reimbursement of the costs of administrative proceedings relating to money circulation
158-69193891 – Administrative fees for professional examinations of insurance intermediaries
166-69193891 – Administrative fees received for the issuing of duplicate certificates
174-69193891 – Fines determined in the consumer protection area
182-69193891 – Other administrative fees, e.g. for the operation of a payment system, the registration of payment services providers, the registration of electronic money issuers and the issuing of authorisation for the activity of handler of domestic banknotes and coins
190-69193891 – Administrative fees in the banking institutions area
203-69193891 – Administrative fees for the credit unions area
211-69193891 – Administrative fees for tied agents under Act No. 427/2011 Coll., on Supplementary Pension Savings – all entities except pension management companies
238-69193891 – Administrative fees for tied agents under Act No. 427/2011 Coll., on Supplementary Pension Savings – only pension management companies
246-69193891 – Administrative fees for receiving an application for the entry of a liquidator or forced administrator under Act No. 240/2013 Coll., on Management Companies and Investment Funds
254-69193891 – Administrative fees for the registration of bureaux-de-change via REGIS
262-69193891 – Administrative fees linked with renewal of authorisation to offer and intermediate supplementary pension savings
270-69193891 – Administrative fees for applications under the Consumer Credit Act
289-69193891 – Administrative fees – renewal fees paid by investment intermediaries
115-930288231 – Fee for the provision of training or a specialised course on the identification of suspected counterfeit or altered banknotes and coins, including the issuing of a certificate of completion of the course. Testing of equipment for processing domestic banknotes and coins (items 0203010, 0203011, 0203012, 0203020, 0203030 and 0203040 of the schedule of charges, part II – cash operations).
In other cases please follow the instructions for the relevant transaction (for example the accounts for settling invoices are stated on the invoice) or contact the central accounting division (email@example.com)
6. ID No.
7. Tax ID No.
9. Applications for information
The CNB is an obliged entity within the meaning of Article 2(1) of the Act, having an obligation to provide information relating to its activities.
Information can be obtained on the internet www.cnb.cz or on the basis of an application under the Act (see the form).
Applications are dealt with within 15 days of being received or supplemented. The CNB may extend this term by ten days on legal grounds. The Czech National Bank’s procedure for dealing with applications for information, appeals against decisions to refuse applications, the deferral of applications, the filing of complaints under the Act, the particulars of such filings, and the method for covering related costs are provided for in Articles 14 to 17 of the Act. If an application cannot be dealt with due to a lack of data on the applicant, the CNB will call on the applicant to supplement the application within 7 days of delivery. If the applicant does not comply with this call within 30 days of delivery, the CNB shall defer the application. If an application cannot be dealt with because it is incomprehensible or too general or too vague, the CNB will call on the applicant to clarify the application within seven days of delivery. If the applicant does not clarify the application within 30 days of delivery, the CNB will decide to refuse the application. If the requested information does not relate to the CNB’s competences, the CNB will defer the application and will notify the applicant of this fact within 7 days of receiving the application.
10. Receipt of applications and other submissions
An applicant for information under the Act should file an application within the meaning of Articles 13 and 14(1) and (2) of the Act, an appeal against a decision to refuse an application or a complaint under the Act by mail or e-mail, via the mailing office at the CNB’s headquarters at Na Příkopě 28, Praha 1, or via the mailing office at a relevant branch. More details are given in item 4.
Other applications, complaints, proposals, suggestions, appeals against a decision of an administrative body or other submissions may also be filed by mail or e-mail, via the mailing office at the CNB’s headquarters at Na Příkopě 28, Praha 1, or via the mailing office at a relevant branch. Decisions on rights and obligations should be delivered pursuant to Act No. 500/2004 Coll., The Administrative Procedure Code, as amended (hereinafter the “Administrative Procedure Code”). Submissions are generally dealt with in the form in which they were submitted. However, communications with persons who have a data box must be sent preferentially to that data box.
Written submissions are dealt with within 30 days of delivery. Complaints under Article 175 of the Administrative Procedure Code are dealt within the statutory time limit of 60 days. When performing its activities as an administrative body, the CNB is subject to the provisions of the Administrative Procedure Code (time limits for dealing with submissions, remedial measures, particulars of submissions, etc.), unless otherwise stipulated by special laws.
11. Remedial measures
The Czech National Bank is entrusted with the powers of an administrative authority to the extent defined in the Act on the CNB and in other legal rules. The CNB is governed by the provisions of the Administrative Procedure Code when exercising the powers of an administrative authority and when deciding on and taking remedial measures.
- Remedial measures against a decision to refuse an application for information
If the CNB turns down an application for information, it will issue the decision to do so within the time limit for dealing with the application, except in cases where the application is deferred. The decision to refuse the application is delivered into the hands of the applicant. The applicant may file an appeal against the refusal of the application within 15 days of delivery thereof. The appeal should be submitted to the CNB unit which issued the decision, and the Bank Board of the CNB will decide on the appeal. Subject to the conditions of Article 16a of the Act (e.g. failure to provide information or failure to issue a decision refusing to provide information), the applicant may file a complaint against the procedure for dealing with the application for information within 30 days. The complaint should be filed with the Communications Department, and the Bank Board of the CNB will decide on the complaint.
An appeal is a regular remedial measure against a first-instance decision of the CNB. A party to the proceedings may file an appeal in the manner laid down in Article 37(4) of the Administrative Procedure Code within 15 days of delivery of the contested decision. The appeal must make clear who is filing it, which case it concerns, and what is being proposed. It must also contain information about which decision is being contested, to what extent the decision is being contested, and where the violation of legal rules or incorrectness of the decision or proceeding that preceded it has been identified. The appeal should be submitted to the CNB unit which issued the decision, and the Bank Board of the CNB will decide on the appeal. The legality of final and conclusive decisions can be reviewed in review proceedings. A motion may be submitted for the commencement of such proceedings, but the CNB shall decide about such commencement by virtue of office (there is no statutory right to such commencement). Review proceedings may commence within two months of the date on which the CNB became aware of the reason for commencing the review proceedings, but no later than one year after the date of legal force of the decision in rem. The motion to commence review proceedings should be submitted to the CNB unit which issued the decision, and the CNB Bank Board will decide on the motion. Administrative proceedings conducted by the CNB which were closed by a final and conclusive decision may be re-opened at the decision of the CNB or at the request of a party to the proceedings. The proceedings should be re-opened if previously unknown facts or evidence become apparent which existed at the time of the original proceedings and which the party to the proceedings who benefits from such facts or evidence could not have applied in the original proceedings, or if evidence is proved false or if the decision which was the basis of the decision issued in the proceedings which are to be re-opened has been reversed or amended. The party to the proceedings may file an application for the re-opening of the proceedings within three months of the date on which they became aware of the reason for the re-opening of the proceedings, but no later than within three years of the date of legal force of the decision. The application for the re-opening of the proceedings should be submitted to the CNB unit which issued the contested decision, and the administrative body which decided in rem in the last instance (the CNB Bank Board if an appeal was filed previously) will decide on the re-opening of the proceedings. Where no other means of protection can be applied, a complaint can be filed against inappropriate behaviour of persons in authority or against the course of action of the CNB. The complaint can be filed in written or oral form with the Internal Audit Department, which will deal with it within 60 days of its delivery.
Electronic form for submitting enquiries, suggestions, notifications or requests for the CNB’s opinion
13. Descriptions of procedures – instructions for resolving critical situations
See the procedure in Annex 2 to the Decree
A list of the most important regulations that the CNB acts and makes decisions in accordance with, stipulating the right to request information and the obligation to provide information and defining other rights and obligations of persons in relation to the CNB, including information on where and when these regulations are available for viewing:
- Act No. 6/1993 Coll., on the Czech National Bank, as amended
Payments and foreign exchange regulations:
- Act No. 284/2009 Coll., the Payment System Act, as amended
Financial market supervision:
- Act No. 21/1992 Coll. on Banks, as amended
- Act No 634/1992 Coll., on Consumer Protection, as amended
- Act No. 229/1992 Coll., on Commodity Exchanges, as amended
- Act No. 96/1993 Coll., on Building Savings and State Support for Building Savings and on the amendment of Act No. 586/1992 Coll., on Income Tax, as amended by Act of the Czech National Council No. 35/1993 Coll., as amended
- Act No. 42/1994 Coll., on Private Pension Insurance and the Amendment to Some Acts Related to its Introduction, as amended
- Act No. 58/1995 Coll., the State-Sponsored Export Insurance and Financing a the Amendment to Act No. 166/1993 Coll., on the Supreme Audit Office, as amended
- Act No. 87/1995 Coll., on Credit Unions and Certain Related Measures and on the Amendment of Act of the Czech National Council No. 586/1992 Coll., on Income Tax, as amended
- Act No. 15/1998 Coll., on Supervision in the Capital Market Area and on the Amendment of Other Acts, as amended
- Act No. 168/1999 Coll., on Vehicle Liability Insurance and on the Amendment of Some Related Acts (Act on Vehicle Liability Insurance), as amended
- Act No. 38/2004 Coll., on Insurance Intermediaries and Independent Loss Adjusters and on the Amendment to the Trades Licensing Act (Act on Insurance Intermediaries and Independent Loss Adjusters), as amended
- Act No 256/2004 Coll., on Capital Market Undertakings, as amended
- Act No. 377/2005 Coll., Supplementary Supervision of Banks, Credit Unions, Insurance Corporations and Investment Firms in Financial Conglomerates and on the Amendment of Certain Other Acts (the Act on Financial Conglomerates)), as amended
- Act No. 340/2006 Coll., on the Activities of Institutions for Occupational Retirement Provision, as amended
- Act No. 69/2006 Coll., on International Sanctions, as amended
- Act No. 125/2008 Coll., on Conversions of Commercial Companies and Cooperatives, as amended
- Act No. 104/2008 Coll., on Takeover Bids and on the Amendment of Other Acts (Act on Takeover Bids), as amended
- Act No. 253/2008 Coll., on Certain Measures Against Money Laundering and Terrorist Financing, as amended
- Act No. 277/2009 Coll., on Insurance, as amended
- Act No. 145/2010 Coll., on Consumer Credit and on the Amendment of Certain Other Acts, as amended
- Act No. 136/2011 Coll., on the Circulation of Banknotes and Coins and on the amendment of Act No. 6/1993 Coll., on the Czech National Bank, amended
- Act No. 426/2011 Coll., on Retirement Savings,, as amended
- Act No. 427/2011 Coll., on Supplementary Pension Savings, as amended
- Act No. 90/2012 Coll., Commercial Companies and Cooperatives (Act on Business Corporations)
- Act No. 89/2012 Coll., the Civil Code (Part Four, Title I, Part 4 – Financial services)
- Regulation (EU) No 648/2012 of the European Parliament and of the Council (EMIR) on OTC derivatives, central counterparties and trade repositories and its implementing Regulations
- Act No. 240/2013 Coll., on Management Companies and Investment Funds
- Act No. 241/2013 Coll., Amending Some Laws in Connection with the Adoption of the Management Companies and Investment Funds and the Adoption of Directly Applicable legislative act of the European Union governing the settlement of some derivatives
- Act No. 277/2013 Coll., on Bureau-de-Change Activity
- Regulation (EU) No. 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms and amending Regulation (EU) no.648/2012 and its implementing Regulations
- Commission Delegated Regulation (EU) No 604/2014 of 4 March 2014 supplementing Directive 2013/36/EU (CRD IV) of the European Parliament and of the Council with regard to regulatory technical standards with respect to qualitative and appropriate quantitative criteria to identify categories of staff whose professional activities have a material impact on an institution's risk profile
- Commission Delegated Regulation (EU) No 530/2014 of 12 March 2014 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards further defining material exposures and thresholds for internal approaches to specific risk in the trading book
- Commission Delegated Regulation (EU) No 527/2014 of 12 March 2014 supplementing Directive (EU) No 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the classes of instruments that adequately reflect the credit quality of an institution as a going concern and are appropriate to be used for the purposes of variable remuneration
- Commission Delegated Regulation (EU) No 524/2014 of 12 March 2014 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information that competent authorities of home and host Member States supply to one another
- Regulation (EU) No 236/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps and tis implementing Regulations
- Regulation (EC) No 1060/2009 of the European Parliament and of the Council on credit rating agencies.
The CNB’s administrative proceedings:
- Act No. 200/1990 Coll., on Offences, as amended
- Act No. 634/2004 Coll., on Administrative Fees, as amended
Other regulations (selection):
- Act No. 563/1991 Coll., on Accounting, as amended
- Act No. 82/1998 Coll., Liability for Damage Caused During the Exercise of State Authority by a Decision or Maladministration, as amended, and on the amendment of Act No.358/1992 Coll. of the Czech National Council, on Notaries and their Activities (the Notarial Code), as amended
- Act No. 106/1999 Coll., on Freedom of Information, as amended
- Act No. 218/2000 Coll., on Budgetary Rules and on Amendment of Some Related Acts (Budgetary Rules), as amended
- Act No. 101/2000 Coll., on the Protection of Personal Information and on the Amendment of Some Acts, as amended
- Act No. 240/2000 Sb., on Crisis Management and on the Amendment of Certain Acts (Crisis Act), as amended
- Act No. 229/2002 Coll., on the Financial Arbiter, as amended
- Act No. 499/2004 Coll., on Archives and Records Service and on the Amendment of Some Acts, as amended, and on the Amendment of Some Acts
- Act No. 190/2004 Sb., on Bonds, as amended
- Act No. 412/2005 Coll., on Protection of Classified Information and on Security Clearance, as amended
- Act No. 137/2006 on Public Contracts
- Act No. 159/2006 Coll., on Conflict of Interests, as amended
- Act No. 312/2006 Coll., on Insolvency Trustees, as amended
- Act No. 182/2006 Coll., on Insolvency and Methods of Resolution Thereof (Insolvency Act), as amended
- Act No. 93/2009 Coll., on Auditors and the Amendment of Other Acts (Act on Auditors), as amended, Act No. 418/2011 Coll., Legal Persons and the Proceedings against Them, as amended by Act No. 105/2013 Coll.
The aforementioned regulations, as well as regulations issued within the CNB’s areas of competence, lists of fundamental documents, particularly those of a conceptual, strategic and programme nature, which may be provided under the Act, Annual Reports, etc., are available for viewing during office hours at the CNB’s Special Library in Prague (Mon–Thu: 9.00 a.m.–5.00 p.m., Fri: 9.00 a.m.–3:00 p.m.) and at the secretariats of the Executive Directors of CNB branches outside Prague. Duplicates, extracts and copies may be made.
Legal regulations issued:
15. Payments for the provision of information
16. Licensing agreement