Structure of information provided pursuant to Act No. 106/1999 Coll., on Freedom of Information, as amended (hereinafter the “Act”) published on an obliged entity pursuant to Decree No. 442/2006 Coll., stipulating the structure of information published on an obliged entity in a manner allowing remote access

Information on the authority

1. Name

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 primary objective of the CNB is to maintain price stability, and interventions in its activities are permissible only on the basis of a law. Its status and responsibilities and other details are laid down by law, in particular Act No. 6/1993 Coll., on the Czech National Bank, as amended, 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 systems and to the development thereof; supervises the activities of entities operating on the financial market, analyses the evolution of the financial system, sees to the sound operation and development of the financial market in the Czech Republic, and contributes to the stability of its financial system as a whole; and carries on other activities pursuant to the Act on the CNB and pursuant to special 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, a report on monetary developments at least twice a year for review, and a financial stability report at least once a year for information. 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.

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 by the President of the Czech Republic for a term of six years. The Bank Board sets monetary policy and the instruments for implementing that policy, and decides upon the fundamental monetary policy measures of the CNB and on other fundamental matters.

The CNB consists of a headquarters broken down into departments, each headed by an Executive Director, and branches in Prague, České Budějovice, Plzeň, Ústí nad Labem, Hradec Králové, Brno and Ostrava, each also headed by an Executive Director. 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.

Click for the organisational chart of the CNB

4. Contact details

Website address: www.cnb.cz

Mailing room e-mail address: podatelna@cnb.cz

Other e-mail addresses: info@cnb.cz

5. Any payments can be sent to:

Not given

6. ID No.

48136450

7. Tax ID No.

CZ48136450

8. Documents:

1. List of main documents

2. Budget

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 applications 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. 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

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 Bank Board of the CNB shall decide on any appeals.

12. Forms

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

14. Regulations

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

Payments and foreign exchange regulations:

• Act No. 219/1995 Coll., the Foreign Exchange Act
• Act No. 284/2009 Coll., the Payment System Act

Financial market supervision:

• Act No. 21/1992 Coll. on Banks
• Act No. 87/1995 Coll., on Credit Unions and Certain Related Measures
• Act No. 277/2009 Coll. on Insurance
• Act No. 38/2004 Coll. on Insurance Intermediaries and Independent Loss Adjusters
• Act No. 168/1999 Coll. on Vehicle Liability Insurance
• Act No. 15/1998 Coll., on Capital Market Supervision and on the Amendment of Other Acts
• Act No. 256/2004 Coll., on Capital Market Undertakings
• Act No. 189/2004 Coll., on Collective Investment
• Act No. 190/2004 Coll., on Bonds
• Act No. 591/1992 Coll., on Securities
• Act No. 513/1991 Coll., the Commercial Code
• Act No. 40/1964 Coll., the Civil Code
• Act No. 42/1992 Coll., on Private Pension Insurance and on the Amendment of Some Acts Related
  to its Introduction
• Act No. 340/2006 Coll. on Activities of Occupational Pension Scheme Institutions from EU Member
  • States in the Czech Republic
• Act No. 377/2005 Coll., on Financial Conglomerates
• Act No. 61/1996 Coll., on Certain Measures Against Money Laundering and on the Amendment of Related Acts
• Act No. 634/1992 Coll., on Consumer Protection

The CNB’s administrative activities:

• Act No. 500/2004 Coll., the Administrative Procedure Code
• Act No. 200/1990 Coll., on Offences
• Act No. 634/2004 Coll., on Administrative Fees

Other regulations (selection):

• Act No. 106/1999 Coll., on Freedom of Information
• Act No. 229/2002 Coll., on the Financial Arbiter
• Act No. 563/1991 Coll., on Accounting
• Act No. 218/2000 Coll., The Budgetary Rules
• Act No. 499/2004 Coll. on Archiving and Documentary Services
• Act No. 240/2000 Coll., The Crisis Act
• Act No. 312/2006 Coll., on Insolvency Trustees

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:

• Legislation
• Věstník (CNB legislation journal, available in Czech version only)

15. Payments for the provision of information

The CNB provides information under the Act free of charge.

16. Licensing agreement

None

17. Annual Report pursuant to Act No. 106/1999 Coll.

Part of the CNB’s Annual Report