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Functions and Objectives - Archive as of 31 March 2006

 

The CSC was established under the Act on the Czech Securities Commission and its main functions include:-

 

a)   licensing and supervision of investment firms;

b)   licensing and supervision of investment companies and collective investment funds;

c)   licensing and supervision of securities exchanges, off-exchange markets and settlement systems;

d)   supervision over listed securities issuers with regard to their disclosure duty;

e)   supervision over activities of pension funds and insurance companies within the framework of their duties when investing in investment instruments and trading in investment instruments for own account;

f)    supervision over legally specified aspects of takeover bids.

 

The CSC’s statutory objectives under the Act on the Czech Securities Commission include the following:-

 

a)   to enhance the confidence of investors and issuers of investment instruments in the capital market;

b)   to contribute to investor protection and the capital market development;

c)   to support education in this field.

 

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