CZC CB informed of draft decree amending Decree 1/2022 Coll., on applications and notifications to carry out activities under the Payment System Act, as amended by Decree 151/2022 Coll., and Decree 7/2018 Coll., on certain conditions for the performance of the activities of a payment institution, payment account information administrator, small-scale payment service provider, electronic money institution and small-scale electronic money issuer, as amended by Decree 2/2022 Coll. and Decree 151/2022 Coll.
The draft decree, which is at the inter-ministerial comment phase, is prepared as a follow-up to the pending Digital Finance Law, implementing DORA, MiCA (#187699).
Amendments to Decree 1/2022 Coll. relate to some license conditions in the area of requirements for the management and control system of payment institutions.
And for payment account information managers, e-money institutions, small-scale payment service providers, small-scale electronic money issuers due to DORA rules.
Re Decree 7/2018 Coll. the rule of information and communication technology risk management details, which is now included in chapter II of DORA will be removed.
Dec. 2024 Decree Published
On Dec. 16, 2024, CZC GVT published Decree 394/2024 coll. amending Decree 1/2022 Coll., on applications and notifications to carry out activities under the Payment System Act, as amended by Decree 151/2022 Coll., and Decree 7/2018 Coll., on certain conditions for the performance of the activities of a payment institution, payment account information administrator, small-scale payment service provider, electronic money institution and small-scale electronic money issuer, as amended by Decree 2/2022 Coll. and Decree 151/2022 Coll.; entry into force on Jan. 17, 2025.
