The Ministry of Finance publishes a World Bank‘s report on capital market in the Czech Republic
4. 1. 2019 | Source: Ministry of Finance
The Ministry of Finance publishes a World Bank report on the capital market in the Czech Republic. The report was prepared by the World Bank on the request of the Ministry of Finance of the Czech Republic and its preparation was funded by the European Commission as part of the preparatory phase of the Structural Reform Support Program.
The report is the result of research by World Bank‘s experts of the various countries of the world who analyzed, directly in the Czech Republic, the conditions and specificities of the capital market in the Czech Republic, which together with the fact that the Czech Republic did not participate in the financing of this report, guarantees the independence of this analysis. The Ministry of Finance intends to use the outputs and recommendations resulting from this report in the strategic document "National Strategy for the Development of the Capital Market in the Czech Republic 2019 – 2023".
The World Bank‘s report describes the current state of the capital market in the Czech Republic and formulates recommendations for its further development. The recommendations for the further development of the capital market in the Czech Republic, which are of significant importance, are divided into the following thematic groups:
- Reducing the Regulatory Burden – Building Supervisory Capacity
- Building Content for the System
- Making the Market More Attractive for Issuers
- Making the Market More Attractive for Investors
- Promoting SME Access to the Market
- Encouraging the Use of Investment Funds
- Strengthening the Pension Fund Sector
- Building Financial Reporting Transparency
- Linking the Market to the Factoring Sector
- Deepening Government Securities Trading