20.1.2009
News

Increased performance under insurance of deposits

The amendment to the Banking Act increases the maximum compensation provided under insurance of deposits to the amount equaling the equivalent of EUR 50,000. The new amendment took effect on 15 December 2008.

The depositor is entitled to receive the cited maximum amount as a compensation for insured receivables arising from deposits at one bank. In current practice, this means that all deposits of one depositor are added up in one bank for the purposes of providing compensation, including potential shares of accounts maintained for two or more co-owners. Performance is also provided under the above-mentioned cap of up to 100% of the aggregate amount of insured receivables and former depositor’s obligation to cover 10% of the amount has been cancelled.

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Kocián Šolc Balaštík provided legal advice to J&T IB and Capital Markets, a.s. as the arranger in preparing the base prospectus for 3M FUND MSI SICAV a.s.’s bond program.

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KŠB and partner Pavel Dejl have been shortlisted for the prestigious Legal 500 Central & Eastern Europe Awards 2026.

KŠBand partner Pavel Dejl have been shortlisted for the prestigious Legal 500Central & Eastern Europe Awards 2026.

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KŠB Partner Jan Lasák at ČBA EDUCA Panel Discussion

KŠB Partner Jan Lasák recently took part in a panel discussion organized by ČBA EDUCA as part of the ČBA’s Corporate Governance educational program.

KŠB Partner Jan Lasák recently took part in a panel discussion organized by ČBA EDUCA as part of the ČBA’s Corporate Governance educational program.