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The Impact of Regulation on the Czech Collective Investment Industry
Dolejš, Martin ; Kříž, Radim (advisor) ; Žák, Květoslav (referee)
Czech collective investment industry has been since 2004 regulated by EU directives and special national legal regulations. The national legal regulations, in particular, have undergone significant changes with major impact on the Czech collective investment fund industry. The paper is analyzing the impact of the most significant legal changes on the colective investment funds between 2004 and 2011 in the Czech Republic. In this period the whole supervisory system of financial market has been moved under the Czech National Bank. CNB became, together with the Ministry of Finance, coregulator of the fund industry as well. Major wrongdoings of the czech funds are described.

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