On Apr. 24, SLK PRL adopted bill amending the Securities Act.
SLK PRL adopted bill 131 amending Act 566/2001 coll. on securities and investment services and on the amendment of certain laws (Securities Act) as amended and amending certain laws, to align various national provisions with European provisions.
Purpose
Adopted bill implements art 18 of DLTR Regulation 2022/858 on the pilot regime for market infrastructures based on distributed transaction database technology.
Expansion of the set of financial instruments to include DLT financial instruments.
Termination of the right of pledge in the area of the right of redemption for certainty.
Stock exchange can trade in securities with a low risk profile that are not traded on a regulated market or a multilateral trading system organized by the stock exchange.
Effectiveness
Adopted bill was submitted to the editorial office; the law will enter into force on Jun. 1, 2024, except for article I, points 4, 35 which will enter into force on Jan. 1, 2025.
