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
European Commission Proposes Transforming EUSPA into European Union Space Services Agency
On April 7, 2026, the European Commission published a proposal for a regulation establishing the European Union Space Services Agency (EUSSA), amending Regulation (EU) 2021/696. The proposal [COM(2026) 152 final] significantly expands the mandate of the existing EUSPA, headquartered in Prague, and nearly doubles its budget.
Collaboration with World Bank on Analysis of Czech Business Environment
We would like to share that Kateřina Štěpánková has received a Certificate of Appreciation from World Bank in recognition of her contribution to the Subnational Business Ready in the European Union 2025 project, led by World Bank in cooperation with the European Commission (DG REGIO).
