Capital Markets
The above Directives amend the regulation of the capital market and should be implemented in Czech law by the Act on Undertaking on Capital Markets or by an implementing legal regulation to the cited act. The new Act on Undertaking on Capital Markets should replace in particular a predominant part of the existing Securities Act and the entire Stock Exchange Act. The Act on Capital Market Business is supposed to become effective as of May 1, 2004, while the deadline for implementing the Directives into national legal order expires on 12 October 2004 or 1 July 2005, as regards Directives 2003/124/EC and 2003/125/EC, and Directive 2003/71/EC, respectively.
Other articles
Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice
KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.
Active counter-drone measures need a broader legal basis
A highly noteworthy legislative proposal was added to the VeKLEP interministerial consultation database on 21 July 2026, namely a government bill amending several laws with the aim of strengthening the resilience of critical infrastructure entities against unmanned aircraft systems. Drafted by the Ministry of the Interior, the bill includes proposed amendments to the Civil Aviation Act and the Act on the Czech Police.
Tomáš Sequens and Dana Jacková Discuss the Risks of the Proposed Amendment to the Building Act
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