| January 1993 |
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SCP (the Securities Center) was established by the Ministry of Finance by 1 January 1993. SCP´s rights and obligations were defined by the Czech National Council Act No. 591/1992 Coll., i.e., the Securities Act.
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| February 1993 |
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Start-up of the trial operation.
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| March 1993 |
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Accounts from the first wave of voucher privatization began to fill up.
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Provision of the first customer service — account statements.
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Commencement of Central Desk activities providing services to issuers in relation to the registration of newly issued dematerialized securities.
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Publication of the first Price List of Services.
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| April 1993 |
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Commencement of operations of the Prague Stock Exchange, a.s. (BCPP).
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Commencement of operations of the RM–System, a.s. (RM–System).
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| May 1993 |
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Conclusion of cooperation agreement between SCP, BCPP, and RM–System.
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| June 1993 |
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Securities representing points invested in joint stock companies were credited to the accounts of securities owners.
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| September 1993 |
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Registration of first equity issues of investment funds.
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| April 1994 |
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April 1, 1994 — establishment of the SCP Information Centre (IS SCP).
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| January 1995 |
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6,290,547 annual account statements showing the balance as of December 31, 1994, were distributed.
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IS SCP started publishing weekly summaries of the number of publicly tradable securities transferred for a consideration off publicly markets, and the average prices of such securities.
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| February 1995 |
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Shares acquired through individual investments in the second wave of voucher privatization were credited to owner accounts.
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| March 1995 |
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2.25 million special statements of change were dispatched to citizens who acquired shares through individual investment within the second wave of voucher privatization.
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| July 1995 |
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Activities of the Voucher Privatization Centre (CKP) were terminated.
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Conclusion of an agreement between CKP and SCP on the deposition of written, audio and video records made to promote and disseminate information about voucher privatization.
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| September 1995 |
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September 22, 1995 — conclusion of a new agreement between SCP and BCPP enhancing the communication level and introducing a new transaction settlement regime.
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| October 1995 |
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Security transfers representing higher property volumes are postponed and only carried out after the lapse of the time-limit within which SCP checked the grounds stated in the request for transfer.
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| November 1995 |
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SCP announced that the total of 349 funds, out of the entire number of 546 registered funds, issued dematerialized securities by October 29, 1995. Out of that number, 218 were investment funds, 55 open-end mutual funds, and 76 closed-end mutual funds. To date, the funds issued a total of 2 763 023 263 securities, and the total nominal value of the issues amounted to 266 205 593 410 CZK.
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| December 1995 |
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As of December 31, 1995, MF (the Ministry of Finance) cancelled the contributory organization CKP (the Voucher Privatization Centre), and charged SCP with the exercise of rights and duties of the cancelled organization.
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| January 1996 |
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7,195,445 annual account statements were dispatched; out of which 6,813,552 to account holders in the Czech Republic, and 381,893 to account holders in the Slovak Republic.
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A new measure was introduced to increase the safety of asset accounts, namely the smart chip cards documenting the right to dispose of the account.
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| March 1996 |
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SCP is ready to ensure, through its services, continuous trading on the Prague Stock Exchange (BCPP).
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| August 1996 |
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SCP started publishing shares of voting rights in companies in the scope of ten and more per cent, reported by obligated persons.
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| September 1996 |
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SCP started publishing a daily survey of security owners having a share of ten and more per cent of single issues of publicly traded securities.
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| November 1996 |
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SCP published the balance of the funds that participated in the second privatization wave. Out of 353 registered funds, there remained 346 (four merged and four did not receive any points). 269 funds issued securities, 32 funds were being processed, 20 funds issued physical securities, 25 funds had not shown to date any interest in issuing securities.
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| December 1996 |
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In 1996, SCP received a record number of cca 31 thousand letters with inquiries from the public.
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| January 1997 |
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Termination of automatic dispatch of the so-called annual account statements to securities owners. Account maintenance charges were cancelled. SCP rescinds by law empty accounts each time after the expiration of a one-year period.
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SCP started publishing daily surveys of the number of publicly tradable securities transferred for a consideration off the publicly markets, and the average prices of such securities.
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| February 1997 |
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Commencement of daily publication of individual securities transfers made for a consideration.
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| April 1997 |
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Issue of the SCP Operation Rules effective as of May 1, 1997.
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Upon request, SCP calculates the weighted average price of transactions with publicly tradable securities concluded on public markets within a six-month period.
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| August 1997 |
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Launching of SCP presentation of its address at internet web sites - www.scp.cz.
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| September 1997 |
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To strengthen the rate-shaping segment of capital market, SCP introduced, at its operation sites, a new type of charges imposed on transfers of securities.
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| March 1998 |
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An option to search data free of charge in the information files was added to the SCP internet web sites.
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| September 1998 |
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Commencement of issuing a file serving the calculation of the value of securities held by funds under the respective MF regulation.
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| February 1999 |
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The offer of information services provided by the SCP internet web server was enlarged by the lists of pension funds and insurance companies.
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| March 1999 |
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Commencement of the operation of the first separate part of the register of dematerialized securities maintained by Česká spořitelna, a.s.
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SCP introduced mandatory use of chip cards by the clients who are entitled to electronic data exchange with SCP.
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| April 1999 |
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SCP arranged an “Open House“ event and started a cycle of lectures for students on the subject of “SCP and its Role in Czech Capital Market“.
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| October 1999 |
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Introduction of a new safer way of data communication with clients, which was immediately used for a more flexible settlement of securities transactions in UNIVYC.
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| November 1999 |
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SCP and KCP (the Securities Commission) agreed on joint approach in the field of electronic processing of reporting duties to be implemented by the issuers of publicly tradable securities.
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| January 2000 |
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SCP successfully managed the transfer to the year 2000.
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| June 2000 |
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SCP started publishing, at its internet web sites, the issuers´ reporting duties transferred in electronic form.
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| October 2000 |
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SCP, KCP, and UNIS ČR agreed on joint approach in the preparation for unified processing of information duties of investment companies and funds in electronic form, and on the subsequent publication thereof.
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| January 2001 |
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SCP issued new conditions for keeping the issuer register.
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SCP started publishing, in accordance with the Commercial Code as amended, the shares in voting rights of companies reported by the obligated persons from the limit of 5 per cent.
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The SCP-published survey of persons owning a share of ten and more per cent of a registered issue was complemented with a calculation of the share in the issuer’s basic capital.
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| February 2001 |
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Provision of a new type of SCP service started — an issuer may, on the basis of an agreement, keep his own register directly within the SCP register. The first to use the advantage of this option was Pioneer Czech Investment Company, a.s. (Pioneer česká investiční společnost, a.s.).
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| April 2001 |
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For the purpose of information protection, SCP started to provide the issuer register statements on principle in a coded form.
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Employee Council was elected in SCP.
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| May 2001 |
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For the purpose of making the SCP activities more effective and rational, a fundamental change was made in the structure of the SCP internal organization.
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| August 2001 |
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Issue services became markedly cheaper with the aim of contributing to the development of the primary market in the CR.
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SCP introduced services connected with keeping the securities in owner accounts and with keeping the issue register.
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| November 2001 |
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Introduction of a new, more user-friendly form of SCP internet web sites.
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A document called “SCP General Safety Policy“ was approved.
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Historical Outline of the SCP
