Czech Republic

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Recent Articles

  •  
    08.02.2023
    Europe

    EU Data Act – Fo­cus on Cloud Ser­vices: what is “func­tion­al equi­val­ence” … and is it ne­ces­sary?

    In the second Law-Now in our cloud services series on the proposed EU Data Act (the “Act”), we focus on the concept of functional equivalence. One of the aims of the Act is to remove barriers to access to data for both consumers and businesses. In pursuance of this in the context of cloud services, the Act introduces new rules to facilitate switching between providers of cloud services and other data processing services.The requirements relating to functional equivalence are a key component of the cloud switching obligations and, as currently drafted, have the potential to significantly...
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  •  
    07.02.2023
    Europe

    New M&A Re­port is now avail­able

    The Emerging Europe M&A Report 2022/23, published by CMS  in cooperation with EMIS, presents in detail M&A deal statistics from 15 countries in the region and looks at trends and investment activity across key sectors and markets. The key findings of the CMS Emerging Europe M&A Report include the following:M&A activity across Emerging Europe rose by 5.6% in volume to 1,229 deals, as compared to 2021. In contrast, the total deal value fell by 20%, to EUR 32.93bnCross-border deal activity was a strongpoint, up from 743 to 815 deals, although values fell from EUR 38.2bn to...
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  •  
    03.02.2023
    Europe

    EU Data Act – Fo­cus on Cloud Ser­vices

    In 2021, the European Commission released its proposal for a “Data Act”, a far-reaching legal regime on access to and use of non-personal data in the EU. The basic premise underlying the Commission’s proposal is that industrial data – 80% of which is not used to date – constitutes untapped potential. Through the Data Act, the Commission aims to overcome the legal, economic and technical obstacles it believes to be responsible for the underuse of data, and to clear the way for increased data use.As highlighted in our earlier Law-Now, the Data Act proposal focuses...
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  •  
    03.02.2023
    International

    On your radar | Is­sue 20 | Key em­ploy­ment is­sues to be aware of in­ter­na­tion­ally

    Welcome to the first edition of On your radar for 2023, which highlights expected employment law developments over the year ahead.Changes range from big picture concepts around future ways of working, to the finer details of leave entitlements and statutory protections. Both Belgium and Portugal discuss moves towards a 4-day working week, showing a consistent trend, while demonstrating different domestic approaches to achieving that – interesting to see whether other countries will follow either.Another theme we continue to see coming through is ESG, and there are interesting...
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  •  
    01.02.2023
    Czech Republic

    Czech Re­pub­lic ini­ti­ates pub­lic con­sulta­tion on NIS2 im­ple­ment­a­tion

    The Czech National Cyber and Information Security Agency recently published a Bill for a new Cybersecurity Act, which includes the reasoning and implementing regulation for a new regulatory framework, and opened public consultation on the draft legislation. Stakeholders and the general public have until 26 February 2023 to review the Bill and implementing regulation and provide suggestions and comments on the newly proposed regulatory framework.This cybersecurity Bill was drafted in response to the 14 December 2022 adoption of Directive (EU) 2022/2555 of the European Parliament and of the Council...
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  •  
    27.01.2023
    EU

    Happy Data Pro­tec­tion Day! What’s on the ho­ri­zon for 2023?

    28 January is Data Protection Day. The purpose of the day is to raise awareness and promote privacy and data protection best practices. To mark the day, our Tech & Data Team has summarised the key regulatory trends for 2023 in tech & data. International data transfers New framework for EU-US data transfers On 13 December 2022, the European Commission published its draft adequacy decision on the new EU-US Trans-Atlantic Data Privacy Framework (“TADPF”), a framework that aims to facilitate data flows between EU-based companies and certified US companies. There are still some...
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