Compllex

Leading consultancy company in the field of
compliance and regulation of financial services



Services

Our goal is to provide added value for our clients. The fulfilment of regulatory requirements should lead mainly to the optimization of processes and their management, suitable control mechanisms for management and owners of the financial institution and to help clarify financial products.

Overview of our compliance regulatory services:

  • consultancy services in the field of compliance
    • analysis of the impact of new regulatory requirements and their implementation
    • processing of internal regulations and other internal documentation, its revision and creation of regulatory compliance maps
    • assistance with processing and revision of published policies (Best Execution Policy, Conflict of Interests & Inducements Policy, Voting Rights Policy, etc.)
    • creation of documentation which our clients are obliged to make accessible to their customers (investment tests, product governance documents, AML and FATCA questionnaires, fund statutes and fund KIDs, etc.)
    • preparation and management of licensing procedures of regulatory entities, creation of new structures and products "from scratch"; we have extensive hands-on experience with licensing procedures of investment companies, investment funds and investment firms
    • implementation and execution of mandatory trainings (AML, ensuring the expertise of employees, etc.) and specialized internal trainings focused on individual regulatory fields (MiFID, CRD and BASEL, UCITS and AIFMD, AML, MAD, etc.)
  • provision of internal audits for selected financial institutions
    • outsourcing or co-sourcing of internal audits
    • ad hoc audits of selected processes or areas
  • operational risk management consulting
    • processing of maps of operational risks
    • creation of impact analysis
    • processing of business continuity plans
    • preparation of plans and solutions for resolving a financial market crisis

At Compllex, we approach the issue of compliance risk management in a modern way and view it as an integral part of managing your business processes.

Benefits for our clients

We tend to focus on what benefits the application of regulatory requirements will bring to the financial institution. An outstanding management of regulatory risks and professionally carried out compliance should achieve the following main goals:

  • financial institution owners' confidence regarding the monitoring, management and minimization of regulatory-compliance risks – one of the greatest added values is the guarantee of protection of owners' assets
  • limitation of reasons for complaints of clients of the financial institution and limitation of its negative image in media (prevention of claims, protection of "good reputation and image in media")
  • protection from regulatory risks – achieving the prevention of administrative penalties, certainty in compliance with regulatory requirements

About us

Our experts are experienced in large financial corporation environments as well as in small businesses, specialising in various areas of financial services. We will find the optimal solution which will not only satisfy all regulatory requirements but will also be actively used during your business activities to assure overall effective management of your business.


JUDr. Jiří Heneberk
Founder and partner of Compllex. Founded Compllex in 2004. Among many projects that Jiří was in charge of at Compllex can be found, for example, licensing of REICO investment company of Česká spořitelna, a.s. and of the first Czech real estate fund; counselling and implementation of MiFID regulation for the Czech National Bank, Czech Bank Association, UniCredit Bank Czech Republic, a.s., Komerční banka, a.s.; implementation of the BASEL II regulation at RSJ, a.s.

Jiří attended a number of training programmes abroad, mainly organized by International Swaps and Derivatives Association, Inc. (ISDA). He has also succeeded as an active member of an expert group for the capital market of the Czech banking association. Jiří holds A, AD and C types of broker licences and is frequently invited to speak at conferences on regulation of financial services.

In 2000 Jiří graduated from the Faculty of Law at Charles University in Prague. All the while studying he already specialised in the issues of financial market (his thesis was on the regulation of collective investment and his dissertation on the analysis of the legal aspects of financial derivatives). During his studies, Jiří started to work at OB Invest, a.s., an investment company of the Československá obchodní banka, a.s. In 2000 Jiří joined a new team at Komerřní banka, a.s. focused on reforming its legal section in preparation for its upcoming privatization. He quickly became regional legal manager responsible for legal assistance mainly in the fields of investment banking, risk management and sales departments of the Prague office.


Ing. Zuzana Klatovská
Partner of Compllex. Zuzana joined Compllex in 2004 and became partner in 2008. Zuzana's main role is consultancy services in the field of financial-economic impacts of compliance regulation. She is also in charge of supervising the business and financial management of Compllex. Her expertise lays in the field of financial institution's reporting and in application of the Basel II regulation. Zuzana holds B and C types of broker licences.

She graduated from Prague University of Economics where she studied finance. During her studies she worked as a project manager in sales department of a specialised production company. Since 2001 she worked as a product manager for investment banking in Komerční banka, a.s. where she was responsible for description of parameters, processes, methodical guidelines of investment banking products and for coordination of the team during implementation of new products. In particular, she was involved in implementing sophisticated structured interest rates, exotic derivatives and financial market's emission programs.


Ing. Markéta Smáhová
Associate of Compllex. Markéta is an associate of Compllex since 2011. As a former broker she specializes in practical and financial aspects of the execution of investment services and risk management.

Markéta graduated from Prague University of Economics where she studied finance. In 2003 she joined HVB Bank Czech Republic, a.s. (today known as UniCredit Bank Czech Republic, a.s.), as a head of bond sales. She also collaborated on the initial offering of SPT Telecom, CAC Leasing and issues of mortgage bond. Since 2005 she was also involved in management of interest and currency risks for corporate clients and in 2008, during the MiFID implementation, she worked with the customer desk and financial institutions sales and trading departments. Since 2000 she worked in Conseq Finance, a.s. – the most important non-bank broker entity – as a sales manager of government, corporate and high-yield bonds to institutional investors – collective investment funds, insurance companies, pension funds and asset manager companies. During her studies she joined the department of settlement of transactions of Baader Securities in Prague, where she was introduced to the functioning of stock markets from a position of a market manager.


Ing. Tomáš Skalický
Analyst of Compllex. Tomáš is an associate of Compllex since 2012.

One of the most important references of Tomáš is the preparation of internal rules and documents for licence procedures of ZFP Investments, investment company, a.s., Wine Investment Partners, investment fund with variable capital, a.s., or INVESTIKA, investment company, a.s. Tomáš is also involved in carrying out of internal audits for several brokers and investment companies, for example: RSJ a.s., Colosseum, a.s. or Partners investment company, a.s. He is also the person responsible for management of the iCompllex informational website – news on compliance and regulation of financial services.

Tomáš is a graduate of master's study programme Banking and Insurance at the Faculty of Finance and Accounting at the Prague University of Economics. His thesis was on the approaches to operational risk management with regards to Basel II regulation. Since 2009 he works in a non-profit organization Junák, where he manages the Lanškroun organizational unit and is responsible for the organization of courses on personal development.


Mgr. Ing. Josef Otčenášek
Cooperating lawyer of Compllex, member of the Czech Bar Association. Josef focuses primarily on banking, financing and capital markets. His area of expertise also includes insolvencies, restructuring, mergers and acquisitions. Josef is partner at Rutland Ježek. Before joining Rutland Ježek in 2010, he worked for ten years at the Prague office of White & Case (1996-2006) and for three years at Havel & Holásek (2006-2009) where he was responsible for banking, financing and capital markets sectors.

In 2006 issue of the Chambers Global, Josef was named as a leading expert in banking and financing in the Czech Republic. In 2008 issue of the Chambers Europe and IFLR 1000 he was recommended as the leading expert on Czech banking, financing and capital market law, private equity and corporate law. During his practice in the fields of banking, financing and capital markets, Josef offered consulting services to Czech and foreign financial and other institutions in connection with offering of securities, takeover bids, stock exchange listings, syndicated lending, acquisition finance, derivatives trading and various regulatory issues.

Josef also focuses on legal regulation of derivatives and other complex financial products and he represented a wide range of financial institutions, corporations, government agencies and public bodies in this area. Josef is a member of the Appeals Committee of the Czech National Bank.

Selected clients of Compllex

  • Česká spořitelna, a.s.

  • Československá obchodní banka, a.s.

  • Komerční banka, a.s.

  • UniCredit Bank Czech Republic and Slovakia, a.s.

  • Investiční společnost České spořitelny, a.s.

  • REICO investiční společnost České spořitelny, a.s.

  • Pioneer Asset Management, a.s.

  • Pioneer Investiční společnost, a.s.

  • RSJ a.s.

  • PARTNERS, investiční společnost, a.s.

  • ZFP Investments, investiční společnost, a.s.

  • PPF banka a.s

  • Conseq Investment Management, a.s.

  • INVESTIKA, investiční společnost, a.s.

  • RSJ Private Equity investiční fond s proměnným základním kapitálem, a.s.

  • Wine Investment Partners, investiční fond s proměnným základním kapitálem, a.s.

  • Česká národní banka

  • Colosseum, a.s.

  • CREAM uzavřený investiční fond, a.s.

  • ČEZ, a.s.

  • IAD Investments, správ. spol., a.s. (SR)

  • SLÁVIA CAPITAL, a.s. (SR)

  • Dexia banka Slovensko a.s. (SR)

  • Poštová banka, a.s. (SR)

Expert Publications and Presentations Concerning Compliance

Below you can find some of our presentations and other papers available for downloads related to regulatory-compliance affairs.

Spring Compllex Business Breakfasts - iCompllex

Here you can find the presentation from the Spring Compllex Business Breakfast on the topic "iCompllex - the modern web aplication for a compliance function of financial institutins according to the ESMA standards" held on May 15, 2014.

Autumn Compllex Business Breakfasts - Brain Teaser of New Rules for Investment Funds?

Here you can find the presentation from the Autumn Compllex Business Breakfast on the topic "Brain Teaser of New Rules for Investment Funds? - Comparative Analysis of Main Changes and Implementation Walkthourgh" held on October 17th 2013.

Comparative tables: Comparison regarding fund types, Comparison regarding legal act requirements, Comparison regarding „application of some rules“, Comparison of requirements for prospectus, Comparison of requirements for informational duties towards investors (of special fund), Comparison regarding specific requirements according to AIFMD Regulation

Seminar for Český institut interních auditorů, o.s. (Czech Institute of Internal Auditors)

Presentation from the seminar "Compliance – Practical Performance and Relation towards Internal Audit" held for the Czech Institute of Internal Auditors can be downloaded here.

Winter Compllex Business Breakfasts - ESMA Compliance Function Requirements

Here you can find the presentation from the Winter Compllex Business Breakfast on the topic "Compliance Function Requirements" held on January 10th 2013.

Autumn Compllex Business Breakfasts - Investment Funds and Their Managers

Here you can find the presentation from the Autumn Compllex Business Breakfast on the topic "Evoution or Revolution of Investment Funds and Their Managers" held on December 20th 2012.

Autumn Compllex Business Breakfasts - UCITS IV

Here you can find the presentation from the Autumn Compllex Business Breakfast on the topic "UCITS IV - MiFID Collective Investing" held on November 11th 2010.

Autumn Compllex Business Breakfasts - The Rules of Remuneration

Following the Autumn Compllex Business Breakfast on the topic of "The End of Bonus? - a Revolution in the Rules of Remuneration in the Financial Sector (Implementation of CRD III in the Czech Republic)" held on October 21st 2010 you can find the propriate presentation here.

Autumn Compllex Business Breakfasts - New Rules of Managing and Controlling System

Following the Autumn Compllex Business Breakfast on the topic of "Focused on Management - Duties of Top Management According to the Revised Conception of Managing and Controlling System (Implementation of the new CRD regulation in the Czech Republic)" held on 30th September 2010 we publish the presentation here.

Summer issue of Compliance Journal 2007

Within a few weeks a new MiFID regulation in member states will come into force. This new issue of Compliance Journal tries to point out new bussines opportunities and challenges possibly brought with this new regulation. Download in pdf here.

Spring issue of Compliance Journal 2007

This issue of Compliance Journal analyses clients´ forms in accordance with the new MiFID regulation. Other subjects include upcoming regulation of consumers´ lending or unclarities about the journal of an investment firm. Download in pdf here.

Autumn issue of Compliance Journal 2006

Current issue of Compliance Journal is primarily focused on problems in the new MiFID regulation of investment services. Primarily issues with the clients´ categorization, suitability and appropriateness tests and best execution policy are being outlined. Upcoming regulation of the insurance system known as Solvency II did not stay out of our interest. Download in pdf here.

Summer issue of Compliance Journal 2006

At the end of June a new issue of Compliance Journal came out. Implementing compliance system according to the implementation of Basel II is among primary subjects. An article concerning requirements for individual files of investment instruments should not escape your notice. Download in pdf here.

Winter issue of Compliance Journal 2005/2006

New funds (funds of qualified investors and special real estate funds) and prospects of financial market regulation after the integration of supervision to the Czech national bank are fundamental topics of this issue. Established case study, this time on the topic of investment consultants, is also included. Download in pdf here.

Summer issue of Compliance Journal 2005

This issue is focused especially on suggestions of the Ministry of finance for upgrading services in the banking sector and an acceleration of the regulators´ integration. All interested in derivatives can also find out some of the international standards of OTC derivatives negotiation. Case study this time refers to banks´ tables of charges. Download in pdf here.

Spring issue of Compliance Journal 2005

This issue brings among other materials one of the article of the series on news of the Directive 2004/39/EC. An accent is mainly laid on the structure and content of investment services. Popular case study is included. Download in pdf here.

Winter issue of Compliance Journal 2004/2005

This issue of Compliance Journal concentrates on the most important news of a definition of investment instruments according to the new European Directive s2004/39/EC concerning administration of investment services. Also you will find more topics, for example thought on concept of professional investor. Download in pdf here.

Contact us

Compllex, s.r.o.
Mánesova 881/27
Praha 2
PSČ (postal code) 120 00

phone: +420 251 560 951
fax: +420 251 560 951
mobil: +420 775 266 755 (+420 775 COMPLL)
e-mail:info@compllex.com

ID data inbox: r9ywd7x
ID: 271 81 537
Tax ID: CZ 271 81 537
record in the business register led by hte Municipal Court in Prague part C., insert 102501
Where to find us
Compllex mapa