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Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

New obligations under the Slovak Cyber Security Act

November 2019 – The Slovak Cyber Security Act (Act No. 69/2018 Coll., the “Act”) defines the minimum requirements to ensure cyber security in Slovakia. The Act applies to operators of essential services, i.e., to entities in key sectors, including...

Non-profit Organisations in Slovakia must report details of their statutory bodies

June 2019 – In accordance with Act No. 346/2018 on the Register of Non-Governmental Non-Profit Organisations (the “Act”), a new public register of non-governmental non-profit organisations has been established in Slovakia. As outlined below, the...

Enhancing whistleblower protection: Will the whistle blow louder?

June 2019 – The new Slovak Act on Whistleblowing that took effect 1 March 2019 has introduced some notable changes to the obligations that employers faced under the previous Act on Whistleblowing valid until 28 February 2019.
Below we provide...

Cannabis for Medical Use: CEE Regulatory Update

June 2019 – A growing number of countries around the world are gradually legalising the use of cannabis for medical purposes.
It can be said that governments are now generally taking a more liberal approach to this product, which could significantly...

Slovak Data Protection Authority fines Faculty Hospital Nitra for providing medical records to expert witness

May 2019 – The Slovak Data Protection Authority (“Slovak DPA”) has fined Faculty Hospital Nitra EUR 2,000 for unlawfully processing sensitive personal data in breach of § 13 section 1 of Act. No 122/2013 Coll., On Personal Data Protection (“Data...

Disclosure of ultimate beneficial owners in Slovakia

March 2019 – The transposition of the 4th AML Directive (EU Directive 2015/849) to Slovak legislation obliges Slovak companies and other legal persons, including non-profit organisations, to disclose their ultimate beneficial owners (“UBOs”).

Full disclosure: New employer obligations in Slovakia

February 2019 – Recently approved amendments to the Slovak Labour Code and Employment Services Act impose new obligations on employers in Slovakia as of January 2019.
Among the newly introduced changes, employers can no longer bind their employees...

Obligatory sharing of wage information in Slovakia – a cartel organised by the State?

May 2018 – From 1 May 2018, employers in Slovakia must comply with the following important new rules:

the obligation to disclose the amount of the basic wage component when they advertise job vacancies; and
the prohibition to agree...

Changes to the Slovak Labour Code in May 2018

May 2018 – If your company publicly advertises available job positions or considers the employment of non-EU nationals in Slovakia, the below overview may be helpful. This article provides information on changes to the Slovak Labour Code that you should...

Fourth anti-money laundering directive in Slovakia: New rules on disclosure of ultimate beneficial owners

May 2018 – The 4th AML Directive (EU Directive 2015/849) has recently been transposed to the Slovak Act on Money Laundering (the “AML Act”). Most of the changes brought by the amended AML Act introduce new obligations for “obliged persons” –...