Country Manual Private Banking
Czech Republic out of EEA – Update 2024
BRP has updated its Country Manual Private Banking for Czech Republic out of EEA – (Def, RS, BT & RT)
| Source of changes | Answers |
|---|---|
| Law / Regulation | Yes |
| New Position of the Authorities | No |
| Evolution of Expert’s Interpretation | No |
Regulatory Template, Regulatory Summary and Behaviour Template
The relevant regulatory restrictions and conditions for cross-border services from an EEA country into the Czech Republic have been reviewed to ensure that the content of the documents remains accurate and in line with the evolving interpretation of the current legal and regulatory framework. The following material changes have occurred since the last update of the Manual.
Material changes
The offer made during the call shall be confirmed by the financial service provider to the consumer in text form without undue delay. The consumer shall be bound by the offer only after he has given his consent electronically or by signing a confirmation of the offer on a document.
The financial service provider shall provide the clients with the information in electronic form, unless the customer, who is not a professional customer, requests that the information be provided in paper form, in which case the financial service provider shall provide the information in paper form free of charge;
For more information, please contact us: info@brpsa.com
Geneva, August 23rd, 2024