1st April 2013

CNB: directive for securities traders

The Czech National Bank (CNB) introduces the directive regulating securities traders’ records. The directive reflects some explanatory obstacles. The directive newly stresses the duty of the traders to keep contracts of investments activities. Furthermore, the directive stipulates that the trader should keep records of instruction received from customers.
The directive is currently in internal commentary procedure. The CNB welcomes any commentaries till 16 April.
For further information, click here (explanatory report).

Members of the American Chamber of Commerce in the Czech Republic