Publications

The Czech Act on Bonds No. 190/2004 Coll. has been amended several times during its llifetime. These amendments have usually entailed the modification of very specific issues. The latest amendment to the Act on Bonds was published in the Czech Collection of Laws under No. 172/2012 Coll. (the "Amendment") and came into effect on 1 August 2012. Unlike its predecessors, it is more comprehensive and introduces several positive changes that should lessen the transactional costs and administrative burden connected with the issue and administration of bonds. It also ushers in several new instruments called for by market participants.

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