Regulation & Compliance

Regulace a compliance (CZ&EU)

Czech and EU regulation of financial and other services

There is no substitute for experience. After 15 years in the fields of regulation and compliance, we know the score. And we are happy to share our knowledge with you and help your business thrive in the challenging world of supervision, be it financial services or energy. Now, thanks to our wealth of experience we do not have to be overly cautious in interpreting the rules. We know how to identify and prevent risks and how to find the right path to allow you to achieve your goals while meeting the demanding requirements of the regulator and the law.

What can we do for you?

Contractual documentation for the purchase, sale and loan of artwork
Cooperation agreements between the artist and the gallery, or between several galleries
Due diligence of the buyer or seller
Financing solutions for the purchase of the work
Provision of the work as collateral for a loan
Escrow of the purchase price in case of purchase and sale of the work
Dealing with defects in the work and issues of forgeries and damages

GAP analysis focused on ESG reporting(whether you are reporting according to the SFDR or preparing to draftsustainability reports according to the CSRD)
Preparation of internal regulations(policies), the introduction or addition of which will improve your ESG profile(whistleblower protection, human rights policy, supplier code of conduct, codeof ethics, etc.)
Assistance with the issuance of green bondsaccording to the latest European standards and cooperation in the ongoingfulfilment of the obligations imposed on their issuers
Assessment and subsequent advice relatedto the introduction of a carbon tax
Assessment and consideration of ESG risksin M&A transactions
Orientation in ESG legislation, includinglegal advice with its interpretation
Training for relevant employees tailored toyour activity and focus of your business

Preparation of complete documentation
Life and non-life insurance
Compliance projects
Representing clients before a financial arbitrator
Representing clients in claims and recourse before courts
Assistance in settling insurance claims
Advice on audits by the Czech National Bank or other authorities

Joint research and development agreements
Contract research agreements
Contracts (licences)
Registration
Disputes
Patents
Industrial designs
Trademarks
Domains

Setting up the company structure and regulating relations between shareholders
Negotiating the terms and conditions for the entry of investors
Ensuring compliance with regulatory requirements, including GDPR
Protecting intellectual property
Creating contractual documentation, including general terms and conditions
Employee stock ownership plans (ESOP)

Setting up fund structures
Regulatory consents
Resolving legal relationships between funds, managers, custodians, depositories, etc.
Assisting in the implementation of investments regardless of legal form
Preparing and negotiating transaction documentation
Employee stock ownership plans (ESOP)
Asset management structuring, including trust funds

Contracts – formation of associations and clubs, statutes, decision-making bodies, etc.
Disputes – disciplinary proceedings, arbitration courts
Protection of an athlete's personality
Intellectual property law in sport
Acquisitions, transfers
Licensing proceedings
Doping

Analysis and opinions
Dawn raids
Business mergers
Cartel law
State aid

Structuring family assets
Inheritance contracts and wills
Succession planning
Inheritance administration

Preparation and negotiation of employment documentation, including regulations
Collective negotiation
Hiring & firing, including mass dismissals
Representation in labour law litigation
Regulatory issues, including data protection
Handling compensation for damages
Ensuring the transition of employees when an employer's business is transferred

PPP (Public Private Partnership) contracts
Financing

Regulation
Disputes
Contracts
Acquisitions
EFET contracts
Gas storage and distribution
Electricity trading
Renewable energy sources
Ensuring supplies
Property rights

Choosing and setting the most suitable sales strategy
Analysis of selected online models
Risk assessment
Help with implementation
Setting up relations with business partners, including negotiating terms
Dealing with government authorities
Sector regulations

Interpretive opinions
Implementation projects regardless of size
Gap analyses (identification and assessment of risks and proposals for mitigation solutions)
Advice on distribution, product setup, prudential AML and GDPR requirements

Disputes arising from contracts for work
Complaints and claims for performance defects
Compensation disputes
Personal injury and non-pecuniary damage
Operational liability
Labour disputes
Liability of corporate bodies
Disputes with intermediaries, including settlement of claims for special remuneration
Claims in international transport
Recourse against subcontractors
Negotiation of settlements

Term sheets
Due diligence
Structuring
Representation of the lender or the borrower
Project and portfolio financing
Refinancing
Subordinated loans
Intra-group financing
Cash pooling
Credit agreements
Negotiations
Collateral documentation
Legal opinions
Receipts
Pay-off letters
Corporate consents and related documentation
Escrow account agreements
Performing collateral

Verification of the legal status of the property
Proposal of the most suitable structure for the acquisition of the property
Preparation and negotiation of acquisition documentation
Preparation of shareholder and similar agreements between the various partners involved in the project
Cooperation in the selection of external financing for the acquisition or development
Negotiation of financing documentation and compliance with conditions precedent to drawdown
Assistance in obtaining the relevant permits for the construction, redevelopment or use of the property
Contracts for work with contractors
Assisting in the resolution of defects and insurance claims
Contracts for the operation and management of the property
Lease agreements
Contracts for the sale of the property or the units therein

Sale and purchase of companies, including legal due diligence
Transfers of company enterprises or assets
Preparation and negotiation of transaction documentation, including settlement of transactions
Succession in family businesses
Setting up relations between shareholders
Structuring

We know that a lot is at stake. That’s why you will appreciate our expertise all the more.

We don’t rest on our laurels

We don’t just deal with the here and now. We take inspiration from abroad. We follow modern trends and anticipate developments in regulatory rules and, on this basis, we moderate the discussion between clients and the regulator so that together we find innovative, but also functional and sustainable solutions.

We know the regulatory sector from the inside

This is thanks to our many years’ experience of working together with Czech and European bodies and associations, but also through the secondments of our lawyers and junior lawyers to various financial institutions. We don’t “advise” only remotely. Therefore, we know how to help with specific problems and find solutions that will work in practice, in your practice, and not just on paper.

We know our clients well

Even a great idea will be worthless if it cannot be applied in practice. That’s why we talk to our clients and go over the pros and cons. We are interested in what is important to them. We know them inside out. As a result, we are able to take into account even the smallest details. The solutions we propose are comprehensive and directly linked to their daily operations.

Who have we already helped?

Allianz Pojišťovna

Advice regarding all aspects of the computerisation of a distribution process and advice on a number of other issues (regulation and claims handling)

ALD Automotive

Long-term legal advice primarily on setting up sales processes to comply with evolving legislation, reviewing and drawing up new client documentation

Arval

Legal advice on adapting distribution processes to new legislation (the Insurance Distribution Act), setting up claims processes and advising on regulatory issues

Kooperativa Pojišťovna

Advice regarding an application for authorisation to act as an independent consumer credit intermediary, representation in proceedings to extend a licence with the Czech National Bank and advice on a range of other issues (regulation, claims handling and corporate issues), competition law analysis of relations with car repair shops, practical training of employees on selected issues of an insurance company's operational practice (execution, insolvency, types of liability)

LeasePlan Insurance, LeasePlan ČR

Reviewing contractual documentation to ensure compliance with the new regulatory requirements of the Act on Distribution of Insurance and Reinsurance, long-term comprehensive legal advice

NN Finance

Extensive GAP analysis focusing on compliance with AML legislation and regulation of consumer credit, investment and insurance intermediaries as well as in the localisation of a sales application (amongst other things, in connection with the content requirements of the customer's requirements and needs analysis)

Rixo

Regular advisory services regarding, e.g. setting up an internal organisational structure, transformation from a broker to an independent insurance intermediary, GDPR audit and subsequent implementation, advice on Czech National Bank supervisory control

Komerční banka

Advice on the interpretation of regulations governing the provision of certain banking services (bancassurance, consumer loans)

NN Investment Partners B.V., Czech Branch

Advice on the obligations of a securities dealer in asset management and the creation of a system of internal regulations, advice in connection with the regulatory aspects of a company transformation and general advice regarding specific aspects of how a branch of a securities dealer in the Czech Republic operates

Patria Finance

Regular advice on the regulation of a securities dealer's activities (information obligations towards clients, adapting to the newly adopted European regulation, selected GDPR issues)

Generali Investment

Advice on proceedings before a financial arbitrator and assessment of product documentation, including commercial terms and conditions, in terms of the validity of contracts based on them and reviewing the contracting process