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.
Show subcategories ▾
Spotlight issue
Early-warning tools and preventive restructuring mean the threat of insolvency can be detected and defused in time
Czech law has so far lacked an instrument which would set forth clear and umambiguous rules for out-of-court negotiations between distressed businesses and their creditors. This may change, thanks to the transposition of EU law on the concept of preventive restructuring and the introduction of an early warning system.
View more
Twitter
Linkedin
Facebook
Google+
Czech e-commerce is preparing for new obligations in doing business with consumers
EU Member States are obliged to implement the Digital Content Directive (Directive (EU) 2019/770) and the Sale of Goods Directive (Directive (EU) 2019/771) by 1 July 2021. The Czech Government has thus prepared the implementing bill that will amend the Civil Code (Act No. 89/2012 Coll., as amended) with the aim of strengthening legal certainty for consumers and businesses. We provide a brief overview of the proposed changes below.
View more
