In Czech Republic the cord blood collection and banking is primarily regulated by regulation No. 296/2008 on Assurance of Quality and Safety of Human Tissues and Cells.
Institutions are entitled to perform cord blood collection and banking activity only if such institution holds an effective license issued by competent authority- State Institute of Drug Control.
Cord blood belongs to the born child. Future parents are competent to decide on the collection and banking of the child’s cord blood. Parents shall be clearly and truly informed about all relevant facts concerning this procedure; for this purpose it is required by law that they sign the “informed consent” document.
Source: Tomáš Pavlíček (Email), Country Manager, Cord Blood Center CZ