The purchase of foreign securities is subject to anew duty to report now. Natural persons and legal entities with permanent residency in the Czech Republic shall report facts concerning the creation of or a change in the portfolio of foreign securities and related payments and settlements through the delivery of the completed form OZP (ÈNB)15-97 to the Czech National Bank within 15 calendar days from the end of the quarter, in which the securities were transferred or assigned or when the person with permanent residency in the Czech Republic learnt of the transfer or assignment or may have learnt thereof. The duty to report shall apply to both natural persons and legal entities. The duty to report shall not apply to persons who are permitted to render investment services, insurance companies, pension funds, investment companies and investment funds.The duty to report shall further not apply to transfers of foreign securities carried out through persons, the objects of whose activity is
