Czech National Bank

Licences for Non-Banking Consumer Loan Providers

At the end of March 2016, Directive 2014/17/EU of the European Parliament and of the Council should be implemented with the help of the new Consumer Loan Act. This change will create new requirements for non-banking consumer loan providers.

Payment institution

Stuchlíková & Partners prepared a legal analysis for a foreign financial institution regarding the requirement to obtain a payment institution licence or a licence for providers of payment services on a small scale at the Czech National Bank.

Sales representative of a payment institution

Stuchlíková & Partners consistently provides legal services to a sales representative of a payment institution and a sales representative of a provider of payment services.

CNB licence for a payment institution

Stuchlíková & Partners, Attorneys-at-Law provided legal advice in relation to obtaining a payment institution licence at the Czech National bank for foreign investors.