Successful representation of an applicant in obtaining a licence for a small-scale electronic money issuer

Stuchlíková & Partners successfully represented another applicant in obtaining a licence for a small-scale electronic money issuer, including the business plan, a description of the strategy for carrying out the activities (a description of issuing and storing electronic money and making payment transactions, and redemption) and the selected manner of protecting money environments, and representation in proceedings at the Czech National Bank.

Stuchlíková & Partners will continue to provide the client with support during preparation of internal regulations, terms and conditions, and template agreements, accounting, and regular reporting duties at the Czech National Bank.