CZECH REPUBLIC: Czech Government Submits Draft Bill on Investment Companies and Investment Funds to Parliament

Wednesday February 6 2013

Following the approval by the government of the Czech Republic on 20 December 2012, the government has now acted further, by submitting the draft bill on investment companies and investment funds to the Parliament of the Czech Republic on 17 January 2013. It is now awaiting approval.

The draft bill transposes the provisions of the UCITS IV Directive and the AIFMD, as well as setting out a framework for collective investment vehicles similar in type to SICAV.

Please see the above link for more details.