Kategorie: Compliance
Registering the beneficial owner of a legal entity in 2023
Previous entries in the register of beneficial owners may no longer comply with the current legal regulation, as there have been several significant changes in this area with effect from 1 October 2022 due to the amendment to the Law on the Registration of Beneficial Owners. The entries in the register must be updated by …
Read moreRegister of beneficial owners in 2023
During the last year, there were again significant changes in the field of register of beneficial owners. The obligation to actively identify and register data on persons, who in fact own or control legal entities and other legal arrangements, is relatively new in the Czech legal system. Due to the absence of historically tested national regulation and …
Read moreThe upcoming directive on cybersecurity and the most important changes to the legislation
A proposal for a new Directive of the European Parliament and of the Council on measures to ensure a high common level of cybersecurity across the Union (hereinafter as the “Directive NIS2“) is currently being prepared at the level of the European Union. The text of the draft Directive NIS2 is currently being finalised and …
Read moreNew Rules on Personal Data Transfer outside the EU
The cross-border transfer of personal data is a phenomenon without which international business cannot perform, and is common not only in global platforms such as SaaS[1] solutions, but also in the in-house data management of multinational corporations within shared systems (CRM, HR, etc.). In general Most contracts regulating or relating to the transfer of personal …
Read more