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Do the financial statements of a crypto-asset service provider have to be audited?
Yes.
Act No. 747/2004 Coll. on Supervision of the Financial Market, Section 40(2), third sentence, stipulates that for the calculation of the annual contribution, the decisive factor in relevant cases is the volume of assets reported in the financial statements audited by an auditor in accordance with Act No. 431/2002 Coll. on Accounting.
As this provision applies from 30 December 2024, to crypto-asset service providers who obtain authorization from the NBS to provide crypto-asset services, these entities will be required to have their financial statements audited.