7. What financial services passporting arrangements does your jurisdiction have with other jurisdiction?
What financial services passporting arrangements does your jurisdiction have with other jurisdiction?
Once authorized in the Czech Republic, a Czech firm can passport its authorization into other EEA member states. This passport is, however, only available to firms established in the Czech Republic and will not be available to Czech branches of non-EEA firms. Passporting permits the provision of cross-border services as well as the establishment of a physical branch location.