Dept 36 - Financial Market Supervision Department

The department produces the conception, policy and strategy for the control of state support in buildings savings schemes and state supervision for the provision and refunding of the state contribution for supplementary pension insurance...

ilustrace

This department draws up concepts, policy and strategies for state control over compliance with the terms governing the provision of state support in the form of building savings, state supervision in relation to the provision and refunding of state contributions to supplementary pensions and supplementary pension savings, their harmonisation with the international standards, and coordination within the EU. It draws up guidelines for state control over compliance with the terms governing the provision of state support in the form of building savings and state supervision over the activities of pension companies and their depositaries in relation to the provision and refunding of state contributions to supplementary pensions and supplementary pension savings, together with the associated methodology for the enforcement of obligations and administrative penalties. It prepares concepts and defines the purpose of and changes to IS operated by the Ministry for the purposes of state control and state supervision, for processing applications for the provision and refunding of state aid and state contributions and changes to subscriber data. It cooperates with  MI, the Police of the Czech Republic, VZP Head Office and the CSSA. It exercises the powers of the Ministry pursuant to Act No 96/1993 Coll., Act No 42/1994 Coll. and Act No 427/2011 Coll. by performing control activities pursuant to Act No 255/2012 Coll. or control activities on the basis of documentation acquired outside the scope of state control, holds administrative proceedings and issues decisions on the approval of building society business terms and conditions, holds administrative proceedings and issues decisions in relation to breaches of the obligations stipulated by Act No 96/1993 Coll., Act No 42/1994 Coll. or Act No 427/2011 Coll., prepares the documentation for appeal proceedings or extraordinary appeals and cooperates with other ministerial departments in lawsuit-related matters. It keeps records and submits documentation for the payment and refunding of state support in the form of building savings and the state contribution to supplementary pensions and supplementary pension savings. It collaborates in the drafting of legislation directly or indirectly relating to building savings and supplementary pension savings, is involved in comment proceedings for other draft legislation. It draws up reports on trends in building savings, supplementary pensions and supplementary pension savings in the Czech Republic. Within its scope of competence it predicts the amount of state support in the form of building savings and the state contribution to supplementary pensions and supplementary pension savings for the state budget and prepares the draft of the state budget and the state final account, as well as the budget implementation report, within the scope of its competence. It prepares an assessment report on the financial management of the Public Treasury Administration heading in relation to building savings, supplementary pensions and supplementary pension savings. It provides eligible applicants with information from the IS on state building savings control and state supervision over supplementary pensions and supplementary pension savings. It represents the Czech Republic – Ministry as a creditor in bankruptcy (insolvency) proceedings or the liquidation of building societies and pension companies or pension funds, and as creditor negotiates with liquidators and bankruptcy trustees (insolvency administrators). It prepares the documentation needed to monitor the Ministry’s payables and receivables in relation to pension companies or pension funds and building societies. It cooperates with the CNB in exchanging information concerning ministerial state supervision and CNB supervision of building societies and pension companies. Within its scope of competence it cooperates with customs and financial authorities and the Czech Chamber of Executors and other government authorities and institutions charged with carrying out the duties of state administration.

Units

  • 3601 - State Supervision Unit 
  • 3602 - Methodological, Legal and Information Support Unit