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Registration of beneficial owners in a new format: redefinition of the concept of beneficial owner and other changes
On 1 October 2022, Act No. 245/2022 Coll.[1] (hereinafter as the “Amendment”), which is a substantial amendment to Act No. 37/2021 Coll., on the Register of Beneficial Owners, as amended (hereinafter as the “BO Act”), will enter into force. Generally The Amendment significantly changes the existing rules for registering the beneficial owner of legal entities …
Read moreCurrent draft of the bill on the protection of whistleblowers
The topic of whistleblower protection, which has been intensively discussed by Czech society and the professional public, has been resonating for some time now, as well as the new draft law on whistleblower protection, by which the Czech Republic was to implement Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 …
Read moreAdvertising of alcoholic beverages and its legal regulation
The advertising of alcoholic beverages, like other commodities that are addictive in nature, has its legal limits set by both national and European Union (EU) legislation. Introduction In recent years, there has been a trend towards stricter rules in this area, in an effort to reduce alcohol consumption in general and to protect minors from …
Read moreEU Directive on transparent and predictable working conditions and Czech labour law
It has been two years since we informed you through our article about the approval of the proposal for a Directive, currently known as Directive (EU) 2019/1152 of the European Parliament and of the Council of 20 June 2019 on transparent and predictable working conditions in the European Union (the “Directive“). As the deadline for …
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