Other services - Czech Republic


Legal consideration

CBL has been advised of the market-specific legal consideration that, under Czech law:

  • Upper-tier attachment is not prohibited.
  • There is no provision for loss sharing.

Customers are advised to consult with their appropriate counsel before holding securities through CBL’s domestic link in the Czech Republic. By holding such securities, CBL customers are deemed to be aware of any law, regulation, rules and policies applicable thereto.

Securities lending and borrowing

All Czech debt securities eligible in CBL qualify for CBL's securities lending and borrowing programme.

Equities are not eligible for CBL's securities lending and borrowing programme.

Disclosure requirements

Please refer to the Disclosure Requirements - Czech Republic.

Holding restrictions

Please refer to the Investment regulation section of the Market Profile - Czech Republic.

Foreign exchange

Foreign exchange services for CZK are automatically available to customers. To complete foreign exchange conversions for CZK, customers should contact CBL’s Treasury Desk directly via an authenticated communications medium.

Tax services

Please refer to the Czech Republic Tax area.

Note: Customers and/or beneficial owners of Czech securities deposited with CBL are responsible for any possible taxation of capital gains on such securities.