The Mutual Relation between the Czech National Bank and the Financial Analytical Unit

MOŽDIÁKOVÁ, Michaela. The Mutual Relation between the Czech National Bank and the Financial Analytical Unit. The Academic Forum: May 2012 Conference Proceedings. Atlanta, 2012, vol. 2012, No 2012, p. 122-131. ISSN 2164-8859.

Basic information

• Original name: The Mutual Relation between the Czech National Bank and the Financial Analytical Unit
• Name in Czech: Vzájemný vztah České národní banky a Finančního analytického útvaru
• Authors: MOŽDIÁKOVÁ, Michaela (203 Czech Republic, guarantor, belonging to the institution).
• Edition: The Academic Forum: May 2012 Conference Proceedings, Atlanta, 2012, 2164-8859.

Other information

• Original language: English
• Type of outcome: Article in a journal
• Field of Study: 50500 5.5 Law
• Country of publisher: United States of America
• Confidentiality degree: is not subject to a state or trade secret
• WWW: URL
• RIV identification code: RIV/00216224:14220/12:00064479
• Organization unit: Faculty of Law
• Keywords in English: anti-money laundering; capital market; counter-terrorism financing; financial analytical unit; financial intelligence unit; institution; money laundering; supervision
• Tags: rivok
• Tags: International impact, Reviewed

Abstract

The purpose of this paper is to analyse the current state of affairs related to the institutional conception of the capital market supervision, in particular to determine its relation to the financial intelligence unit in the Czech legal environment. After a brief introduction and historical excursion the author will be focused on explanation of the crucial concepts of the paper especially from law point of view. In the Czech Republic is supervision over the capital market executed by the Czech National Bank which is an independent body similar to the administrative type. On the other hand, the financial intelligence unit called “Financial Analytical Unit” is administrative body authorised to carry out the control in the field of the measures against legalisation of proceeds of crime and financing terrorism. Considering that activities such as money laundering and terrorist financing could take place on the capital market the author will focus on the powers of above mentioned bodies in this area. The author will include examples of foreign countries attitudes to the topic as well.