As of October 6, 2016, the Central Register of Bank Accounts Act no. 300/2016 Coll. sets up a central register of bank accounts to be administered by the Czech National Bank. This centralized database of bank accounts will contain information on all accounts maintained by banks and other credit institutions. The database will hold certain basic data relating to bank accounts‘ numbers and credit institution‘s name, account holder, authorization to dispose of the account and the date of account’s opening and closing. The central register of bank accounts‘ data may be requested by the authorities involved in criminal proceedings, authorities responsible for financial or custom administration or the State intelligence agency.