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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.

Changes to the Czech AML Act and their impact on the real estate sector

March 2021 – New Amendment no. 527/2020 Coll. (the “Amendment”) to Act no. 253/2008, on certain measures against money laundering and terrorist financing (the “AML Act”), implementing the EU’s Anti-money Laundering Directive no. V (AMLD V)...

Czech Republic: Overview of the most recent Czech labour law-related emergency Covid-19 measures

March 2021 – The Czech Republic has recently adopted several extraordinary measures to minimise the risk of Covid-19 spread. Below we provide an overview of measures applicable to employers and employees.

Czech Republic: New rules adopted for medical devices

March 2021 – The Czech parliament has adopted local rules to implement the anticipated entry into force of a new EU Regulation on Medical Devices. The main purpose of the new rules is to increase the safety of medical devices. Additional legislation...

Findings from the current inspection activities and practice of the Czech Office for Personal Data Protection

March 2021 – The Czech Office for Personal Data Protection (ÚOOÚ) recently published the results of inspections it carried out in 2020. Compared to other supervisory authorities across the European Union, the Czech regulator for personal data protection...

Czech Constitutional Court overturns COVID-19-related store closures

February 2021 – On 22 February 2021, the Czech Constitutional Court overturned a government-decreed general ban on retail sales and the provision of services in certain brick and mortar shops introduced in response to the COVID-19 pandemic. Governmental...

Czech Republic: Securing parent company debt in light of a significant amendment to the Business Corporations Act

February 2021 – On 1 January 2021, a significant amendment to Act No. 90/2012, Coll., on Businesses and Cooperatives (the “Business Corporations Act”) entered into effect. Among other changes, the Act introduces a new Section 40 (5) prohibiting...

Crucial changes to Czech UBO Register legal framework – Sanctions apply from 1 June 2021

February 2021 – The Czech parliament has recently passed a new Act on UBO Register, no. 37/2021 Coll. (the “New UBO Act”) effective from 1 June 2021, which implements the EU’s Anti-money Laundering Directive no. V (AMLD V). From 1 January 2018...

Online conference "Změny v legislativě 2021" (Changes to legislation in the Czech Republic in 2021)

January 2021 – On 20 January, Kinstellar’s Prague team hosted an online conference entitled "Changes to legislation 2021" – a conference for our clients' senior management as well as for our business partners.

Updated Overview of the 5G Auctions in Central and Eastern Europe

December 2020 – The introduction of 5G networks will bring significant changes to the telecommunications market. Not only will the technology open up a wide range of new possibilities in a variety of sectors (including manufacturing, health, energy...

Czech 2020 Tech M&A Considerations

December 2020 – At Kinstellar Prague, we believe that the acceleration of the digital economy will force companies to change their strategies and fuel M&A opportunities in the technology sector. In 2020, we have already assisted clients with dozens...