Good governance / Legal Reform and Transparency
This section details initiatives to make government a competitive advantage. It includes analysis and reports of government initiatives, as well as data on accountability and performance measures.
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Spotlight issue
Updata - Quarterly Data Privacy and Cybersecurity update
Welcome to the latest edition of Updata – the international update which provides you with a compilation of privacy and cybersecurity regulatory and legal developments.
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Corporate criminal liability in the Czech Republic
The Czech Act on Criminal Liability of Legal Entities and Proceedings Against Them covers criminal liability of legal entities in their own specific way. Corporate criminal liability applies to nearly all legal entities and to those individuals who work for them. Directors, management board members and employees place themselves and the companies in a high-risk situation if they are unaware of how their companies might be affected by the Act and what can be done to relieve the legal entity of criminal liability.
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Czech Republic drafts law on class actions
The Czech Ministry of Justice has just finalised the draft act on class actions, which is based on a EU Directive and promises a faster, easier, more efficient and more budget-friendly solution for consumers in disputes against entrepreneurs. The Czech Republic was obliged to implement this regulation no later than 25 December 2022, and is already behind schedule in the legislative process.
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