In the area of public offers of investment securities or the admission of investment instruments to a regulated market pursuant to Act No. 256/2004 Coll. (pdf, 596 kB), the Capital Market Undertakings Act - new version is available in Czech only,  the CNB decides on the following applications:

• security prospectuses,
• base prospectuses, and
• documents containing information equivalent to information in a prospectus.

The CNB approves a security prospectus at the request of the entity that drafted the prospectus, except in the cases listed in Articles 36c(2) to 36c(4) of the Capital Market Undertakings Act.

The form of the individual applications is not stipulated. An application for the approval of a prospectus contains annexes consisting of two copies of the draft prospectus, the requisites of which are laid down in Commission Regulation (EC) No 809/2004 (pdf, 868 kB) of 29 April 2004, implementing Directive 2003/71/ES, the issuer’s certificate of incorporation and, where applicable, documents confirming that the issuer of the security already has securities admitted to trading on a regulated market or has already made a public offer of securities.

In the area of bond issuance pursuant to the Act on Bonds, the CNB decides on the following applications:

• bond issue conditions, and
• bond programmes.

The form of the individual applications is not stipulated. The application contains annexes consisting of the issue conditions, the requisites of which are laid down in Act No. 190/2004 Coll. (pdf, 196 kB), on Bonds, the issuer’s certificate of incorporation, a contract on security if payment of the obligation arising from the bond is secured by a third person, a written declaration of an authorised person that such person has undertaken to organise the bond issue for the issuer if the bond issue is not being organised by the issuer, the consent of the Ministry of Finance in the case of municipal bonds, and the forecasted state of coverage in the case of mortgage bonds.

In the area of takeover bids pursuant to Act No. 104/2008 Coll. (pdf, 363 kB), on Takeover Bids, the CNB decides on:

• allowing or prohibiting the publication, withdrawal or amendment of takeover bids, and
• prolonging the deadline pursuant to Article 13(1).

In connection with a public offer to purchase or exchange participating securities pursuant to Article 183a of the Commercial Code, the CNB decides on:

• granting consent to public offers of a contract.

In connection with the right to purchase participating securities admitted to trading on a regulated market and pursuant to the Commercial Code, the CNB decides on:

• prior consent to the justification of consideration amounts.

The form of the individual applications is not stipulated.

Official information, methodological documents - available in Czech only