Legal
Changes to rules for issuing Blue Cards
Effective 1 July 2023, significant changes have been made to the Act on the Residence of Foreign Nationals. The amendment primarily implements the EU Blue Card Directive and reflects some operational requirements. Any changes simplifying the…
New blockchain framework for capital markets
Blockchain, or distributed decentralised database technology, is currently finding increased use in many areas of law and business. Capital markets are no exception, and one of the most interesting developments is the introduction of a pilot regime…
Major changes to Foreigners’ Residence Act
Apart from implementing the EU Blue Card Directive into Czech law, the amendment to the Act on the Residence of Foreign Nationals introduces other fundamental changes from 1 July 2023.
Fundamental changes in rail passenger rights
On 7 June 2023, the revised EU regulation on rail passenger rights and obligations entered into effect. The new rules will affect everyone, especially passengers with disabilities, and passengers transferring to another route or transporting…
Changes in conditions for holding an office in a corporation
An amendment to the Corporations Act came into effect on 1 July, introducing partial changes to the conditions for exercising an office as members of statutory bodies of corporations. The law now contains a closed list of obstacles to holding such…
Ministry of Labour and Social Affairs refrains from changing ‘Svarc system’…
The Ministry of Labour and Social Affairs wanted to fundamentally change the definition of illegal work, to facilitate its prosecution: the long-term character of the relationship would no longer be decisive for assessing it as illegal. However,…
Heated flavoured tobacco not available from October
The European Union and the Czech Republic are following the global trend to reduce the consumption of tabaco in their population. From 23 October 2023, it will no longer be possible to sell flavoured heated tobacco products, so very popular among…
AI under control: European Parliament moves landmark regulation to trialogue
In mid-June, the European Parliament (EP) voted on its comments on the proposal for a regulation on artificial intelligence (AI), kick-starting trialogue negotiations. This brings the EU one step closer to adopting the world's first ever…
New block exemptions for R&D and specialisation agreements in force since July
The European Commission has adopted revised horizontal block exemption regulations for research and development (R&D) and specialisation agreements, including related interpretation guidelines. The aim is not only to remove some ambiguities but also…
Czechia introducing deposit for PET bottles and cans
The Ministry of the Environment is preparing an amendment to the Packaging Act introducing a deposit-refund system for metal and PET drink containers. What will the system look like in the Czech Republic?
What will the new whistleblowing law bring and why does it not protect anonymous…
The whistleblower protection bill has passed the senate and is now heading to the president. Its effective date is expected at the end of the summer. The bill implements the EU directive on the protection of persons who report breaches of law at the…
General corporate loyalty principle in practice
Courts often deal with the issue of due managerial care. Persons and entities are obliged to act as a proper manager when managing a company's financial affairs. Less often, higher courts also deal with the principle of general corporate loyalty.