News
Many people have learned to use new services. This is good news for tech companies, says Libor Čížek from Citi Commercial Bank
Thanks to automated solutions, the usual banker skills of years past are no longer enough. Communication with clients is more technical and project-managed by various implementation teams focusing on the development of services for digital economy companies, from e-commerce to software to fintech. “Cooperation therefore requires involvement of IT people on both sides,” says Libor Čížek from Citi Commercial Bank, where he leads a section focused on services for digital companies. He adds that “as for other trends, it is mainly about shifting the bank’s corporate customer experience closer to the retail banking customer’s experience, despite the higher complexity of services in the corporate world.” Another key aspect is the digitisation process, which has been accelerated by the ongoing pandemic.
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Bird & Bird’s Digital Rights & Assets group review the EU’s draft Data Governance Act and discuss its political reception and interaction with GDPR
Our newly formed global Digital Rights & Assets group are delighted to present to you a podcast exploring some of the key issues relating to the European Commission’s draft Data Governance Act. In furtherance of its European Data Strategy, the Commission published the draft regulation on 25th November, seeking to bolster the European economy by setting up a framework to encourage data sharing and re-use of public sector data.
Lump-sum Benefit for Meal Allowance
According to an amendment of the Income Tax Act approved by the Chamber of Deputies, employers will be able to provide employees with tax advantageous meal allowances directly in cash, in addition to the current options of providing company catering or meal vouchers.
Czech National Bank: The vaccine game changer
The CNB will stay on hold this week but should confirm a more optimistic outlook for next year, driven by the vaccine news and recent fiscal package approval. This will push GDP and inflation higher and raise the odds of earlier rate hikes. But prudent wording might be chosen to prevent a sharp CZK appreciation. We look for two hikes in 2H21
T-Mobile and AGC test transparent glass antennas and windows that lower signal attenuation
- Initial testing in Europe successfully completed
- Glass antennas for mobile networks – the ideal solution for historic city centres and densely populated areas
- New window glass featuring a coating that lowers signal attenuation for homes and for example modern railway cars
- Quick solution for improving coverage and increasing the capacity of mobile networks, including 5G
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.
