CZECH REPUBLIC Law and Practice Contributed by: Tomas Sedlacek, Zdeněk Husták, Adam Nečas and Mikuláš Zacpal BBH, advokátní kancelář, s.r.o. Contents 1. Legal Framework p.156 1.1 Key Laws and Regulations p.156 2. Authorisation p.157 2.1 Licences and Application Process p.157 3. Changes in Control p.158 3.1 Requirements for Acquiring or Increasing Control Over a Bank p.158 4. Governance p.158 4.1 Corporate Governance Requirements p.158 4.2 Registration and Oversight of Senior Management p.159 4.3 Remuneration Requirements p.159 5. AML/KYC p.160 5.1 AML and CFT Requirements p.160 6. Depositor Protection p.160 6.1 Deposit Guarantee Scheme (DGS) p.160 7. Prudential Regime p.161 7.1 Capital, Liquidity and Related Risk Control Requirements p.161 8. Insolvency, Recovery and Resolution p.161 8.1 Legal and Regulatory Framework p.161 9. ESG p.162 9.1 ESG Requirements p.162 10. DORA p.162
Germany
Poland
Prague
Czech Republic
Slovakia
Austria
10.1 DORA Requirements p.162 11. Horizon Scanning p.163 11.1 Regulatory Developments p.163
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