banking, insurance industry and financial markets
 

Banking in the Czech Republic after privatization became the functioning and profitable business area which plays a key role in the development of the Czech economy. Although at present it is relatively concentrated (five main players control 90 % of the market), further consolidation is possible, in particular subject to mergers and acquisitions carried out abroad. 

Services specific to this industry
Assistance in issues of relation between costs and bank charges – profit maximization
Consulting and implementation services in connection with the Basel II concept
Prevention of money laundering, fraud investigation and forensic accounting 
Debt collection services for creditors 
Consulting in the area of financial regulations and compliance issues 
Effective tax recapitalization and balance sheet restructuring 
Preparation of tax effective retail and commercial products (e.g. cash pooling, financial derivatives) and financial arrangements (e.g. leasing, factoring) 
Optimization of specific provisions and general provisions arising from changes in accounting and tax rules 
Financial structuring – financing of local and international groups through subordinate debts, loans with share in profit or hybrid financing and analysis of transactions with securities and shareholdings 
Tax and legal review of financial instruments (e.g. derivatives, hedging, syndicated loans, securities and life insurance products) 
Study on PayWell remuneration for financial services sector 
Preparation for changeover to euro





 



Jan Kincl
jan.kincl@facility.cz