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Czech Republic

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In Czech Republic

Czech Republic: Recent key legislative changes in energy transition and energy regulation

by and 5 Mins Read

The Czech Republic has recently significantly amended existing legislation in the field of energy transition and energy regulation as a follow-up to the Renewable Energy Directive Recast (RED II), with the aim of counteracting unfair business practices towards consumers. The majority of these changes became effective on 1 January 2022, with the rest becoming effective later in 2022 or 2023. This is a significant step towards decarbonisation in line with EU goals and it creates many opportunities for the energy market players

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In Cybersecurity, Data and Tech

Czech Republic: Changes to the Electronic Communications Act new rules relating to cookies and telemarketing effective as of 1 January 2022

by and 6 Mins Read

With effect from 1 January 2022, the provisions of the recent amendment of Act No. 127/2005 Coll., on Electronic Communications and on Amendment to Certain Related Acts relating to the storing and accessing of cookies and other information on users’ devices and telemarketing, have become effective.

In Austria

European Union: DAC7 Risk Test

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In March 2021, the EU approved new reporting rules in a directive known as DAC7. The directive will require the operators of online platforms for the sale of goods and certain services, to collect, verify and share data on their sellers and their transactions concluded on the online platform. EU member states have until 31 December 2022 to implement DAC7 into national law. Certain platform operators will become a reporting platform and will need to start collecting and verifying data points in compliance with the DAC7 reporting requirements. The collected data points must be reported to the tax authorities of the relevant EU member state annually.

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