Laws and regulations

Acts and EU Regulations

• Acts

  • Act No. 240/2013 Coll. (external link), Act on Management Companies and Investment Funds – version valid from 1 May 2020
  • Act No. 15/1998 Coll. (pdf, 220 kB) on Supervision in the Capital Market Area – version valid until 31 July 2009
    Note: The process of transformation of the former pension funds to current pension management companies was governed by the Act No. 427/2011 Coll., on Supplementary Pension Savings (Article 171 et seq.).
  • Regulation (EU) 2019/1238 of the European Parliament and of the Council (external link) on a pan-European Personal Pension Product (PEPP)
  • Commission delegated regulation (EU) 2021/895 of 24 February 2021 (external link), supplementing Regulation (EU) 2019/1238 of the European Parliament and of the Council with regard to product intervention (Text with EEA relevance.)
  • Commission delegated regulation (EU) 2021/896 of 24 February 2021 (external link), supplementing Regulation (EU) 2019/1238 of the European Parliament and of the Council with regard to additional information for the purposes of the convergence of supervisory reporting (Text with EEA relevance.)
  • Commission implementing regulation (EU) 2021/897 of 4 March 2021 (external link), laying down implementing technical standards for the application of Regulation (EU) 2019/1238 of the European Parliament and of the Council with regard to the format of supervisory reporting to the competent authorities and the cooperation and exchange of information between competent authorities and with the European Insurance and Occupational Pensions Authority (Text with EEA relevance.)
  • Comission delegated regulation (EU) 2021/473 of 18 December 2020 (external link), supplementing Regulation (EU) 2019/1238 of the European Parliament and of the Council with regard to regulatory technical standards specifying the requirements on information documents, on the costs and fees included in the cost cap and on risk-mitigation techniques for the pan-European Personal Pension Product (Text with EEA relevance.)

• EU UCITS Regulations

  • Commission Implementing Regulation (EU) 2024/910 (external link) of 15 December 2023 laying down implementing technical standards for the application of Directive 2009/65/EC of the European Parliament and of the Council with regard to the form and content of the information to be notified in respect of the cross-border activities of undertakings for collective investment in transferable securities (UCITS), UCITS management companies, the exchange of information between competent authorities on cross-border notification letters, and amending Commission Regulation (EU) No 584/2010
  • Directive (EU) 2019/1160 (external link) of the European Parliament and of the Council of 20 June 2019 amending Directives 2009/65/EC and 2011/61/EU with regard to cross-border distribution of collective investment undertakings
  • Commission Implementing Regulation (EU) 2021/955 (external link) of 27 May 2021 laying down implementing technical standards for the application of Regulation (EU) 2019/1156 of the European Parliament and of the Council with regard to the forms, templates, procedures and technical arrangements for the publications and notifications of marketing rules, fees and charges, and specifying the information to be communicated for the creation and maintenance of the central database on cross-border marketing of AIFs and UCITS, as well as the forms, templates and procedures for the communication of such information
  • Regulation (EU) 2019/2088 (external link) of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector
  • Regulation (EU) 2020/852 (external link) of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088
  • Commission Delegated Directive (EU) 2021/1270 (external link) of 21 April 2021 amending Directive 2010/43/EU as regards the sustainability risks and sustainability factors to be taken into account for Undertakings for Collective Investment in Transferable Securities (UCITS)

  • Commission Implementing Regulation (EU) 2016/1212 (external link) of 25 July 2016 laying down implementing technical standards with regard to standard procedures and forms for submitting information in accordance with Directive 2009/65/EC of the European Parliament and of the Council

  • Commission Delegated Regulation (EU) 2019/820 (external link) of 4 February 2019 supplementing Regulation (EU) No 345/2013 of the European Parliament and of the Council with regard to conflicts of interest in the area of European venture capital funds
  • Commission Delegated Regulation (EU) 2016/438 (external link) of 17 December 2015 supplementing Directive 2009/65/EC of the European Parliament and of the Council with regard to obligations of depositaries
  • Commission Regulation (EU) No 583/2010 (external link) implementing Directive 2009/65/EC of the European Parliament and of the Council as regards key investor information and conditions to be met when providing key investor information or the prospectus in a durable medium other than paper or by means of a website
  • Commission Regulation (EU) No 584/2010 (external link) implementing Directive 2009/65/EC of the European Parliament and of the Council as regards the form and content of the standard notification letter and UCITS attestation, the use of electronic communication between competent authorities for the purpose of notification, and procedures for on-the-spot verifications and investigations and the exchange of information between competent authorities

• EU AIFMD Regulations

  • Commission Implementing Regulation (EU) 2024/913 (external link) of 15 December 2023 laying down implementing technical standards for the application of Directive 2011/61/EU of the European Parliament and of the Council with regard to the form and content of the information to be notified in respect of the cross-border activities of alternative investment fund managers and the exchange of information between competent authorities on cross-border notification letters
  • Directive (EU) 2019/1160 (external link) of the European Parliament and of the Council of 20 June 2019 amending Directives 2009/65/EC and 2011/61/EU with regard to cross-border distribution of collective investment undertakings
  • Commission Implementing Regulation (EU) 2021/955 (external link) of 27 May 2021 laying down implementing technical standards for the application of Regulation (EU) 2019/1156 of the European Parliament and of the Council with regard to the forms, templates, procedures and technical arrangements for the publications and notifications of marketing rules, fees and charges, and specifying the information to be communicated for the creation and maintenance of the central database on cross-border marketing of AIFs and UCITS, as well as the forms, templates and procedures for the communication of such information
  • Regulation (EU) 2019/2088 (external link) of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector
  • Regulation (EU) 2020/852 (external link) of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment, and amending Regulation (EU) 2019/2088
  • Commission Delegated Regulation (EU) 2021/1255  (external link) of 21 April 2021 amending Delegated Regulation (EU) No 231/2013 as regards the sustainability risks and sustainability factors to be taken into account by Alternative Investment Fund Managers
  • Regulation (EU) 2017/1131 of the European Parliament and of the Council (external link) of 14 June 2017 on money market funds; consolidated text as of 1. 1. 2019 (external link)
    • Regulation (EU) 2024/2987 (external link) of the European Parliament and of the Council of 27 November 2024 amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 as regards measures to mitigate excessive exposures to third-country central counterparties and improve the efficiency of Union clearing markets
    • Commission Delegated Regulation (EU) 2018/990 (external link) of 10 April 2018 amending and supplementing Regulation (EU) 2017/1131 of the European Parliament and of the Council with regard to simple, transparent and standardised (STS) securitisations and asset-backed commercial papers (ABCPs), requirements for assets received as part of reverse repurchase agreements and credit quality assessment methodologies  (1)
  • Commission Delegated Regulation (EU) 2019/819 (external link) of 1 February 2019 supplementing Regulation (EU) No 346/2013 of the European Parliament and of the Council with regard to conflicts of interest, social impact measurement and information to investors in the area of European social entrepreneurship funds
  • Commission Delegated Regulation (EU) 2015/514 (external link) of 18 December 2014 on the information to be provided by competent authorities to the European Securities and Markets Authority pursuant to Article 67(3) of Directive 2011/61/EU of the European Parliament and of the Council
  • Commission Delegated Regulation (EU) No 694/2014 (external link) supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to regulatory technical standards determining types of alternative investment fund managers
  • Commission Delegated Regulation (EU) No 231/2013 (external link) supplementing Directive 2011/61/EU of the European Parliament and of the Council with regard to exemptions, general operating conditions, depositaries, leverage, transparency and supervision
  • Regulation (EU) No 345/2013 of the European Parliament and of the Council (external link) on European venture capital funds
  • Regulation (EU) No 346/2013 of the European Parliament and of the Council  (external link) on European social entrepreneurship funds
  • Commission Implementing Regulation (EU) No 447/2013 (external link) establishing the procedure for AIFMs which choose to opt in under Directive 2011/61/EU of the European Parliament and of the Council
  • Commission Implementing Regulation (EU) No 448/2013 (external link) establishing a procedure for determining the Member State of reference of a non-EU AIFM pursuant to Directive 2011/61/EU of the European Parliament and of the Council

• ECB Regulations

  • Regulation No. 958/2007 of the ECB (external link) concerning statistics on the assets and liabilities of investment funds

Decrees

• Government decrees

  • Decree No. 243/2013 Coll. (external link, in Czech only), on investment fund investments and techniques and instruments used for the purpose of portfolio management

• CNB decrees

  • Decree No. 267/2020 Coll. (pdf, 210 kB, available in Czech only) on reporting by a manager and an administrator of an investment fund or foreign fund to the Czech National Bank
  • Decree No. 308/2017 Coll. (pdf, 312 kB) on the more detailed regulation of certain rules in the provision of investment services
  • Decree No. 474/2013 Coll. (pdf, 74 kB) on the remuneration of liquidators, forced administrators and insolvency administrators of some service providers on the capital market and on the reimbursement of their cash expenditures
  • Decree No. 247/2013 Coll. (pdf, 662 kB), on applications according to the Act on Management Companies and Investment Funds as amended by Decree No. 344/2014 Coll. – comprehensive version
  • Decree No. 246/2013 Coll. (pdf, 865 kB), on collective investment fund prospectus (statute) as amended by Decree No. 185/2022 Coll.
    • Decree No. 246/2013 Coll. (pdf, 146 kB), on collective investment fund prospectus (statute)
  • Decree No. 244/2013 Coll. (pdf, 1 MB), on more detailed regulation of some rules set out by the Act on Management Companies and Investment funds as amended by Decree No. 52/2016 Coll., and by Decree No. 184/2022 Coll.
    • Decree No. 244/2013 Coll. (pdf, 47 kB), on more detailed regulation of some rules set out by the Act on Management Companies and Investment funds

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Note:
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.