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Banking secrecy in CEE - one region, different rules
  • Schoenherr
  • Montenegro, Poland, Romania, Austria, Serbia, Slovakia, Slovenia, Turkey, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary
  • February 13 2018

Despite ongoing harmonisation and the regulatory pressure on banks to reduce NPL quotas, banking secrecy rules in various jurisdictions still create

K novému zákonu o platebním styku
  • Holec Zuska & Partners
  • Czech Republic
  • January 15 2018

13. ledna 2018 nabyl účinnosti zákon č. 3702017 Sb., o platebním styku, který byl přijat za účelem transpozice směrnice Evropského parlamentu a Rady

New Opportunities for Fintech in the Czech Republic
  • Squire Patton Boggs
  • Czech Republic, European Union
  • January 12 2018

On 13 January 2018, a new regulation for the provision of payment services will come into force in the Czech Republic, introducing the most

The Czech Parliament gives the green light to the implementation of the Payment Services Directive
  • Baker McKenzie
  • Czech Republic
  • December 22 2017

The Czech Parliament has passed the new Payment Services Act, which will implement the Payment Services Directive (PSD2) with effect from 13 January

International Bank and Other Guarantees Handbook
  • Walder Wyss
  • Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Austria, Slovakia, Slovenia, Spain, Sweden, Switzerland, Belgium, Bulgaria, Czech Republic, Denmark, Estonia, France, Germany, Greece, Iceland, Ireland, Italy, Latvia
  • July 17 2017

The Swiss legal system is based on the civil law tradition. As such, it relies essentially on written legal provisions as a primary source of law...

Czech Republic: Czech exit from the exchange rate commitment
  • Noerr LLP
  • Czech Republic
  • May 4 2017

As of 6 April, the Czech koruna or Crown is no longer the “world’s most boring currency” (as it was previously called by the Financial Times) - the

Changes in securing bank guarantees in Czech insolvency: addressing the Elma-Therm case
  • CMS Cameron McKenna Nabarro Olswang LLP
  • Czech Republic
  • April 27 2017

The recent Amendment on the Czech Insolvency Act (the “Amendment”) enters into force on 1 July 2017. The Amendment states that a creditor is entitled

Significant amendments to Czech Insolvency Act
  • CMS Cameron McKenna Nabarro Olswang LLP
  • Czech Republic
  • April 21 2017

The new Amendment on the Czech Insolvency Act (the “Amendment”) will enter into force on 1 July 2017. The Amendment introduces a “liquidity gap” test

“Right for Payment Account” as an Instrument to Strengthen Consumers’ Protection
  • Squire Patton Boggs
  • Czech Republic, European Union
  • April 12 2017

With effect from 1 March 2017, Czech Act No. 2842009 Coll. On Payment System (the Act) has been amended in accordance with the Directive No

Dispute Resolution Insider - sixth edition
  • Wolf Theiss
  • Poland, Romania, Austria, Serbia, Slovakia, Croatia, Czech Republic, European Union
  • March 31 2017

Welcome to the 6th edition of the DRInsider, the quarterly Newsletter of the Wolf Theiss Dispute Resolution Practice Group. We are happy to once