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UK Bribery Act – Impact on Czech Companies?

Due to its extra-territorial effect, UK Bribery Act also has a direct impact on commercial organisations based outside the UK with a business presence in the UK.
Publication date: 10/2011 | File size: 3.8 MB

 

 

Starting 1 January 2012 the Legal Entities are Criminally Liable

Pursuant to the new act, the companies will now face the new concept of criminal liability according to which they will be held liable not only for the acts of their management and supervisory bodies but also of their employees. The criminal liability of legal entities has been a common legal element in EU countries used to mitigate crime committed by companies’ management.
Publication date: 10/2011 | File size: 3.8 MB

 

 

Amendment of the Commercial Code

The amendment legalises the common practice of Czech companies when a person acting as a company’s statutory body performs the same activity as an employee, e.g. as a financial director or sales director.
Publication date: 10/2011 | File size: 3.8 MB

 

Dig Deeper

Czech CFO Survey

In this edition of CFO survey for the Czech Republic we share views and concerns of Czech CFOs which we further align and compare with issues and challenges facing CFOs from the largest economies across Central Europe (Poland, Hungary, Romania, Croatia and Slovakia).
Publication date: 04/2012 | File size: 4 MB

 

 

 

Czech Managers Grew Older

The average age of managers of the largest 100 companies has increased by two years and the share of managers who are fifty and older has grown from 42% by about three percentage points since the new millennium.
Publication date: 02/2012 | File size: 3.8 MB

 

 

 

Female to Male Managers Proportion of Major Czech Companies is 1 to 12

The number of women holding positions in senior management of companies in the Czech Republic and other countries in the European Union is still significantly lower than the total proportion of women in companies.
Publication date: 01/2012 | File size: 3.8 MB

 

 

 

Women in the Boardroom

The topic of boardroom diversity is long-standing. This article provides an overview of current initiatives around the world, both legal and regulatory, to increase the number of women serving on corporate boards.
Publication date: 10/2011 | File size: 3.8 MB

 

 

Monitoring and Enforcement Practices in Corporate Governance in the Member States

This Study for the European Commission compiled with the help of Ambruz & Dark provides an overview of the various monitoring and enforcement mechanisms in the Member States of the European Union concerning corporate governance rules. It assesses the level of compliance of companies with the provisions of corporate governance codes.
Publication date: 10/2011 | File size: 3.8 MB

 

Survey

 

Newsletter

A&Dvocate Newsletter

Latest issue of A&Dvocate March 2012

  • More-credible arbitration proceedings? Amendment to the Arbitration Act: Return to credibility for arbitrators and increased consumer protection.
  • You refuse to undergo the entrance medical check-up? Then you will be considered incapable of work!
  • Amendment to Act on Transformation of Companies eliminates unclear interpretations and introduces new types of cross-border transformation
  • Polluters not insured against ecological damage threatened by ban to operate

A&Dvocate is a newsletter that has been published by the Ambruz & Dark law firm for several years. At present, the newsletter is created by a joint team of Ambruz & Dark / Deloitte Legal. A&Dvocate informs its readers of proposed and adopted changes in Czech and European legislation, developments in the decision-making practices of courts.

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