MISP after the October Council political agreement: selective European supervision and the remaining barriers to market integration

PwC Legal's analysis explains MISP's potential impact on the cross-border operations of trading venues, fund managers, depositaries and digital market infrastructure. It offers Czech financial groups a perspective on how the changes could affect their choice of depositary and the organisation of services across the EU. It distinguishes obligations already in force from proposals still under negotiation.

Korean owner sells 17% of Doosan Škoda Power shares to investors

The Korean owner sold approximately 17% of Doosan Škoda Power's shares for almost CZK 2.2 billion while retaining a majority of voting rights. The sale of existing shares increases the stake available to other investors; the proceeds go to the seller rather than towards financing the company.

Shortening the EU settlement cycle (T+1)

In its 16 October update, the Czech National Bank notes that preparations for European T+1 settlement are moving into practical implementation and testing. Czech market participants need to check the readiness of their systems and counterparties, with new trade allocation and confirmation requirements taking effect as early as 7 December 2026. The switch to settlement on the following business day is scheduled for 11 October 2027.

EU finance ministers agree on a capital markets integration package. Czechia helps secure proportionality and a stronger role for national supervisors

The Ministry of Finance summarises the EU Council's October agreement on the main elements of its negotiating position on MISP and its significance for smaller markets, including Czechia. Practical priorities include reducing cross-border costs, allowing funds to use depositaries in other Member States, and applying proportionate criteria when transferring supervision to the European level. These are not final rules; further progress also depends on negotiations with the European Parliament.

Capital markets: Council agrees to move supervision of the largest players to Paris

CEBRE provides an accessible explanation of the EU Council's October agreement on MISP and its practical significance for businesses. It outlines the possibility of operating several European trading venues under a single licence, choosing a fund depositary across borders, and making wider use of the DLT pilot regime. These changes form part of a negotiating position rather than rules already in force.

DOORNITE a.s. share subscription now open

Czech door manufacturer DOORNITE launched a public share offering in connection with its admission to the Prague Stock Exchange's Start market. With a price range of CZK 400–500 per share, the offering provided another concrete example of a Czech business using capital markets to finance growth. The first trading day was scheduled for 23 October.

Colt CZ reports a record first half. Profit rises by almost three quarters

Colt CZ, whose shares trade on the Prague Stock Exchange, increased first-half revenue to CZK 15.9 billion and net profit to CZK 1.6 billion. The results provide shareholders with an update on the Czech issuer's financial performance and development.

The Prague Stock Exchange is now accessible through a single investment starting at CZK 1,000

The Prague Stock Exchange began trading in WOOD PX ETF, which allows investors to gain exposure to the leading companies in the PX index through a single purchase. With a nominal value of CZK 1,000 and annual expenses of 0.20%, the fund significantly expands the range of investment instruments available on the Czech capital market.