The establishment and operation of these funds must comply with many legislative rules.

Czech legislation

QIFs are governed by Act No. 240/2013 Coll., on Investment Companies and Investment Funds, effective as of 19th August 2013 and modified by the following regulations:

  • Government Decree No. 243/2013 Coll., on Investment Fund Investments and Techniques and Instruments Used for the Purpose of Portfolio Management;
  • Decree No. 267/2020 Coll., on Reporting by a Manager and an Administrator of an Investment Fund or Foreign Fund to the Czech National Bank;
  • Decree No. 244/2013 Coll., on More Detailed Regulation of Certain Rules Set out by the Act on Management Companies and Investment Funds;
  • Decree No. 247/2013 Coll., on Applications According to the Act on Management Companies and Investment Funds;
  • Act No. 256/2004 Coll., Capital Market Undertakings Act
  • Act No. 256/2004 Coll., on Capital Market Business;
  • Act No. 253/2008 Coll., on Selected Measures Against Legitimisation of Proceeds of Crime and Financing of Terrorism;
  • Act No. 101/2000 Coll., on Data Protection

European legislation

Other information sources: