News
2021/Q2 Industrial Property Market Report: Decisions need to be taken quickly, and a back-up plan needs to be in place
Increased industrial market activity influences all aspects of tenants decision making process. Factors such as record gross take-up in first half of the year, continuing rise of prices of construction materials, lengthening of handout process and completion of the building and extremely low vacancy of industrial premises for lease is shifting the market to more and more competitive environment among tenants. Swift and decisive decision making is becoming more and more crucial to successful launch of operation. Even though developers responded to this situation with major increase in premises currently in construction, the prime markets such as Prague and Brno still have very limited supply of new options for tenants.
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Strengthening EU’s AML/CFT rules: AML Authority (AMLA)
The background of AMLA
In light of the latest investigation developments around some well known money laundering cases and common challenges in enforcing AML regulation across the EU, the EU Commission has presented a new legislative package on fostering the need for harmonised and more detailed AML/CFT rules and regulations. This extensive package aims to cover the gaps in some areas in the AML field across the entire EU, in particular:
Ministry of Industry and Trade presents Czech Hydrogen Strategy
The EU member states have committed to achieving climate neutrality across the EU by 2050. Following this obligation, the Ministry of Industry and Trade presented the Czech Hydrogen Strategy at an international hydrogen conference held on 16 July 2021.
Private financial institutions are the new supervisors of environmental regulation. The courts’ approach is also changing
Regulations in the area of environmental law are constantly increasing, which means that sustainability is an increasingly important topic that directly affects individuals, companies and states. However, oversight of compliance with the new rules is no longer exercised only by environmental inspection authorities, but also by private financial institutions. The courts whose decisions directly affect the corporate and state responsibility for climate change have also adopted a new approach to this issue. Read about the most important events in environmental law in Q2 of 2021 and get acquainted with regulatory news that will affect the future of sustainable business throughout the European Union.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
