Management Companies and Investment Funds

(regulation effective since 19 August 2013)

Following the AIFMD and UCITS directives, the Investment Management and Investment Funds Regulation covers rules for products (funds) and providers (fund managers, administrators, depositaries) and other rules (cross-border services, marketing).

This website section covers Czech, EU and ESMA legislation and other relevant documents like guidelines, Q&As etc.

Providers (management companies, prime administrators) providing extra investment services (MiFID) also follow relevant MiFID-linked rules.

Further practical information on licensing , reporting etc. is available in other sections of the website.

  • Laws and regulations
    (An overview of laws and implementing regulations relating to the given financial sector. Also contains directly binding EU regulations where issued in the given sector. Currently, the Czech laws and regulations are available in Czech only.)
    • Acts and directly binding EU regulations
    • Decrees
  • Methodological and interpretative documents
    (An overview of current official information, opinions and replies relating to acts and regulations of the given financial sector. CNB documents are available in Czech only.)
    • Official information
    • Answers to enquiries
    • ESMA Guidelines
    • ESMA and EU Commission Q&As
    • Other documents
  • Other documents
    (An overview of other substantial documents.)
    • EU directives
    • List of cooperation agreements under AIFMD
  • Consultation documents and proposals
    (Newly prepared EU, ESMA and CNB regulations. CNB documents are published for discussion or to provide information to financial market participants. CNB documents are available in Czech only.)

The above-mentioned legal rules are for information only. The sole authentic wording of legal rules is the version published in the Collection of Laws, in the CNB Bulletin or in the EU Official Journal.