Obligation of the competent financial institution to obtain, as appropriate: prior approval pursuant to Section 16(1) of the Banking Act for 1. the conclusion of an agreement resulting in any disposition of the business establishment or any part thereof, 2. a decision of the General Meeting of Shareholders on the dissolution of the bank, 3. a merger or division of the bank or the transfer of assets to the bank as a shareholder, 4. a decision of the General Meeting of Shareholders on the reduction of the bank's share capital, unless the reduction of the bank's share capital is to cover a loss, 5. a resolution of the general meeting pursuant to Section 7a(1)(c) of the Banking Act; prior approval of a licence for a foreign bank from a non-Member State that intends to establish a branch in the Czech Republic pursuant to Section 5(1) of the Banking Act; documents demonstrating the credibility and experience of the managers of a financial holding company or a mixed financial holding company.

A bank and a branch of a non-Member State bank shall maintain data on authorised persons in such a way as to be able to provide such data to the Financial Market Guarantee System.