COVID-19 accelerated legislative changes for digital platforms of the Airbnb type in the Czech Republic

New obligation introduced for the agencies running the digital platform of the Airbnb type - to inform the municipal trade licensing office, at its request, of the number of concluded contracts for tourism services, the total price for these services, as well as the address of the place where guests stay and to identify the “landlord” using the services of the digital platforms.

Legal Regulations will come into force only on January 1st or July 1st

At the beginning of this year an amendment to the Act No. 309/1999 Coll. came into force. In order to increase the clearness of the legal order, it is newly stated that all legal regulations will come into force always on January 1^st or July 1^st. On another day the legal regulations can come into force only in exceptional cases.

Cybernetic threats while working from home

Czech Office for Personal Data Protection has summed up und published on its website some rules and recommendation for home-working to minimalize threats and risks while working with IT, mobile communication and webs.

People working from home come out of the secure surroundings of the employer’s structure. Experience shows that employees are less watchful for cybernetic attacks in privacy in comparison with the workplace. But a mistake made here could seriously affect the whole organization.

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Draft of a New Act on Registration of Beneficial Owners

The Ministry of Justice of the Czech Republic prepared a draft of a new Act on Registration of Beneficial Owners of Legal Entities. The Draft implements the so called 5^th AML directive (Directive EU 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and amending Directives 2009/138/EC and 2013/36/EU) that aims to secure that the information regarding the beneficial owners will be published and that introduces penalties in case the obligations regarding the identification of the beneficial owners will not be fulfilled.