Regulators： Czech National Bank

Regulatory region： Czech

License Type： Financial derivatives

Application price (USD)： Negotiable

Application frequency： 4months

Maintenance costs (USD)： Negotiable

Company summary： Foreign Exchange Supervision Reminder After an email inquiry from the staff, CNB regulates foreign exchange and defines it as a financial derivative instrument. The institution providing foreign exchange is an investment company. License application 1) Application requirements 1. Each member state shall require investment services and/or investment activities to be provided on a professional basis and must obtain prior authorization. Such authorization shall be granted by the designated competent authorities of the Member State. 2. Member States should authorize any market operator to operate MTFs or OTFs, but must verify in advance whether they comply with regulations. 3. Member countries should register all investment companies. The register should be publicly available and contain information about authorized services or activities of the investment company. Information should be updated regularly, and ESMA should be notified of each authorization.

Product details： License plate type Investment companies include the following categories: a. Investment companies, including branches of foreign investment companies; b. An investment company that executes orders as a systematic internal matchmaker; c. Authorized entities that collect and maintain investment vehicle lists; d. Foreign investment companies providing cross-border services in the Czech Republic; e.Investment intermediaries; f. Designated agents under the Capital Market Business Law; j. Designated agent of foreign investment companies providing cross-border services in the Czech Republic h. Recognized personnel under the Capital Market Business Law