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Tag: EU

Personal Data Protection / Legal Update / Regulatory

GDPR implementing act became effective

Effective as of the end of April 2019, Act on Data Processing introduces the long-awaited adaptation of the GDPR regulation into Czech law.

Banking and Finance / Legal Update / Regulatory

Amendment of the Act on Bonds: Covered bonds, role of security agent and other significant changes

Amendment of the Act on Bonds became effective at the beggining of 2019. The amendment introduces a CRR compliant category of covered bonds and the role of security agent, but also provides for other significant changes applicable to "standard" bonds.

Banking and Finance / Legal Update / Regulatory

MiFID II: Restrictions in the regulation of investment intermediaries

Amendment of the Capital Markets Act introduces material limitations to the business of investment intermediaries.

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