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Corporate bonds: the black sheep of the capital market?

Publication at Faculty of Law |
2021

Abstract

Offering corporate bonds to non-professional, retail investors is a continuing trend on the Czech capital market. The related risks are exacerbated by the current regulatory environment.

The goal The article is to identify problematic areas of regulation, to analyze to what extent it can contribute to reduction risks, and to provide an interpretation of ambiguous issues, focusing on the distribution of corporate bonds by financial intermediaries, including bond platforms. It turns out that it is precisely the area of distribution where it has the use of existing institutes, or an interpretation of its scope regulation, gaps.