Legal
Record-breaking spam penalty
In August of this year, the Office for Personal Data Protection (the Office) imposed the highest fine to date for the repeated unsolicited sending of commercial communications (spam). The company selling second hand cars paid CZK 6 million.
DORA to enhance cyber resilience of financial institutions
The European Commission has released a proposal for the Digital Operational Resilience Act (DORA), laying down the requirements for the information and communication technology (ICT) security of financial institutions. Banks, stock exchanges,…
More generous Regime A of Antivirus to continue until year end
On 14 October 2020, the government approved the extension of Regime A of the Antivirus programme until the end of this year. Effective from 1 October, for employers under forced restrictions of operations this type of support will be distinctly more…
Impact of health ministry’s protective measures on travel and employment in the CR
Since 5 October 2020, a new protective measure of the Ministry of Health has been in effect, aiming to slow down the spread of COVID-19 in the country. The measure restricts the crossing of borders by both Czech citizens and foreigners, and is…
How to prepare for the amendment to the Corporations Act
On 1 January 2021, an amendment to the Corporations Act will enter into effect, bringing a number of changes to corporate law. Most of the mandatory provisions of the amended law will be enforced against provisions of founding documents that are in…
AML changes about to be finalised
Although the deadline for the implementation of the fourth and fifth AML Directives has already expired, the Czech Republic has not yet adopted adequate implementing regulations and is now facing infringement proceedings from the European Commission…
Adaptation/integration courses for foreigners in the CR
The adaptation and integration of foreigners has been a hot topic worldwide. The first element of foreigner integration was introduced to Czech legislation already in 2009 in the form of a Czech language exam as a precondition for certain types of…
The Ministry of Labour and Social Affairs has presented ‘kurzarbeit’
At the end of August, the Ministry of Labour and Social Affairs published a draft amendment to the Employment Act introducing into Czech law the long-awaited support during partial unemployment, commonly called ‘kurzarbeit’. Kurzarbeit is to replace…
The government has decided: Antivirus A and B to continue until the end of October
On 24 August 2020, the government approved the extension of the present regimes A and B of the Antivirus programme until 31 October 2020; originally, both were supposed to end at the end of August. Regime C, comprising the waiver of social security…
Banks not liable to accept deposits?
Significant conceptual changes to the Act on Banks and the Act on Capital Market Undertakings are expected to enter into effect in mid-2021. The regulation of supervision over groups of investment companies (securities brokers) will be transferred…
EU citizen’s temporary residence certificate – lessons learned from COVID-19
The free movement of persons is one of the essential principles for the functioning of European integration, without which we no longer can imagine our work and private lives. Most of us use this freedom just for tourism or short-term work purposes.…
Rules for employing foreigners changed again in July
In step with the epidemiologic situation both in the Czech Republic and worldwide, the Ministry of Health continues to regularly update protective measures regulating the entry of foreign nationals into the Czech Republic. Two new protective…