On 1^st January 2021, the Act No. 33/2020 Coll., which amends Act. No. 90/2012 Coll. on Commercial Companies and Cooperatives (Business Corporations Act), as amended by Act No. 458/2016 Coll., and other related acts, entered into force. This Act, among other things, amended Act No. 240/2013 Coll., on Management Companies and Investment Funds.

On 24^th August 2020 the Government discussed and approved a bill amending certain laws in connection with the capital market development.

On 1 May 2020, the Act No. 119/2020 Coll., which amends some Acts in the area of regulating business on the financial market, entered into force. This Act, among other things, significantly amended Act No. 190/2004 Coll., on Bonds, as amended (Bond Act) and Act No. 256/2004 Coll., on Capital Market Business, as amended (Capital Market Business Act).

On April 9, 2020, the Ministry of Finance submitted a draft Act amending certain laws in connection with the capital market development to an inter-ministerial comment procedure.

On May 1, 2020, the Act No. 119/2020 Coll., which concern various legal regulations in the area of regulating business on the financial market, will enter into force. This Act, among other things, significantly amended Act No. 240/2013 Coll., on Management Companies and Investment Funds.

The Ministry of Finance of the Czech Republic publishes a proposal of the Corporate Bond Scorecard 2.0 for public consultation. It is already the second version of this document and its purpose is to provide investors, who are not experienced in such a kind of investment, a simple and fast tool for initial evaluation of bonds.

The Ministry of Finance of the Czech Republic publishes on its website in accordance with the relevant measure of the Government Resolution entitled The National Strategy for the Development of the Capital Market in the Czech Republic 2019-2023 a signpost on capital market‘s information.

The report was funded by the European Union via the Structural Reform Support Programme and implemented by Ernst&Young and FlesihmanHillard, in cooperation with the European Commission.

The Ministry of Finance of the Czech Republic has prepared a consultation material for implementation of legislative measures included in the National Strategy for the Capital Market Development in the Czech Republic 2019 – 2023 that was approved by the Government of the Czech Republic on 4th March 2019. Please send your comments by 26th September 2019.

The Ministry of Finance of the Czech Republic publishes a proposal of the Corporate Bond Scorecard for public consultation. Please, send your comments by May 15, 2019.

To show the strengths and weaknesses of the capital market in the Czech Republic and to outline a long-term strategy for its development. This is the goal of the National Strategy for the Development of the Capital Market in the Czech Republic 2019-2023, which the Czech government approved on March 4, 2019.

Ministry of Finance publishes translation of the current version of Capital Market Business Act as amended by Act No. 204/2017 Coll. (effective from January 3 ,2018), which transposed MiFID II into Czech law. Ministry of Finance also publishes vocabulary of the most important terms in this translation.

On December 20, 2018, the Bonds Act was published in the Collection of Laws under No. 307/2018 Coll. The amendment is effective from January 4, 2019.

The Ministry of Finance publishes a World Bank‘s report on business angels in the Czech Republic.

The Ministry of Finance publishes a World Bank report on the capital market in the Czech Republic.

The Ministry of Finance publishes, for the purpose of the public consulation, the draft of the National Strategy for the Development of the Capital Market in the Czech Republic 2019 – 2023. Please send your comments by 9th January 2019.