Debt Collection Agencies - Legal Representation in Licensing Proceedings with the Czech National Bank

28 Aug 2024

From June 30, 2024, debt collection agencies are required to have a license from the Czech National Bank for non-performing loan managers. The conditions of the licensing process are often very complicated and require careful configuration and detailed description of internal processes, and often also the necessity of implementing new processes.

Did you fail to submit a license application on time and/or receive a notice from the Czech National Bank to address deficiencies in the licensing process and are unsure what to do next?

At Stuchlíková & Partners, we have extensive experience with the licensing process at the Czech National Bank and are happy to assist you!