Legal
AIFMD II sets rules for loan-originating funds
AIFMD II is the first directive to harmonise European rules for alternative investment funds that originate loans or acquire receivables arising from fund loans. The new requirements will primarily affect special funds, qualifying investor funds and…
Who will Cobra bite? Authorities are preparing coordinated approach against illegal…
Illegal work, the ‘Svarc’ system, and disguised agency employment are not new concepts. Yet many companies perceive the risk of sanctions as marginal – operating beyond the law is often simply more advantageous. A new initiative by three ministries…
Increase in salary requirements for EU Blue Cards from 1 May 2026
Based on newly published data on the average wage in the Czech Republic, the minimum wage required for the issuance of an EU Blue Card will increase from 1 May 2026. The change will affect not only the Blue Card procedure itself but also the…
EU Inc.: new pan-European company structure on horizon
The European Commission has presented a proposal for a new legal form of a European company referred to as EU Inc. It is part of a “28th regime”, which would exist alongside the current 27 national regimes of the EU member states and would allow…
Fundamental change for employers: ministry has presented draft amendment…
The Ministry of Labour and Social Affairs (MPSV) has published a draft amendment to the Labour Code designed to transpose the Pay Transparency Directive. Although the effective date has been postponed until 2027, employers must take action. Given…
AICIF amendment changes liquidity management
AIFMD II strengthens the rules for liquidity management of open-ended funds. Fund managers will be required to pre select appropriate liquidity management tools, ensure their timely activation where necessary, and document and justify their use. The…
New category of companies with less stringent rules?
European Parliament committees have backed a proposal to introduce a new category of companies – small mid-cap enterprises (SMCs). They are to be subject to similar exemptions as small and medium-sized enterprises. This will allow them easier access…
New Foreigners’ Act to introduce digitisation, enhanced security and mandatory…
The government has approved a new bill on the entry and residence of foreign nationals, which aims to fundamentally modernise the system governing residence in the Czech Republic. The proposed legislation responds to the need to consolidate the…
EU unveils new visa strategy: focus on security, digitisation and talent mobility
The European Commission has published the first comprehensive EU Visa Policy Strategy, outlining the long-term direction for the development of EU visa policy. The strategy brings together security considerations, economic competitiveness and…
Growing importance of corporate compliance systems
The year 2026 brings significant changes to corporate criminal liability. Among other changes, the amended law strengthens the role of preventative measures and introduces a new instrument in criminal proceedings in the form of conditional waiver of…
Model contract to perform an office: Under what conditions can it be concluded?
A statutory body generally performs their duties for a company based on a contract for the performance of an office (smlouva o výkonu funkce). Unlike most private law contracts, this contract is subject to mandatory statutory requirements regarding…
Back to drinking after Dry February? Definitely not at work
Dry February is over, but not at work. There, abstinence continues regardless of the calendar – and it is not a voluntary challenge, but a rule laid down by law. What are the implications for employees and employers?