Cohesion – Structural Funds
On 18 December 2003 the negotiations on the strategy for the implementation of structural funds in the Czech Republic for the period 2004 to 2006 were successfully concluded. The Czech Republic may benefit from the amount of EUR 1,525 billion. The strategy adopted in the Czech Republic will be implemented through five Operational Programmes and a Single Programming Document for the Prague region (following Objective 2).
The Treaty of Accession provides that the acceding countries may benefit from the eligibility of expenditure under structural funds as of 1st January 2004 where all the conditions laid down in the structural funds and Cohesion Fund regulations are fulfilled. The conditions involve compliance with the Community legislation in the areas of regional policy, public procurement, environmental protection, financial management and control, equal opportunities, etc. Theoretically, the costs of individual projects spent at the beginning of this year should qualify for contribution from the EC funds. However, there are opinions that the only refundable costs will be those incurred after approval the application has been approved or after the agreement with the funding recipient has been concluded.
The individual ministries are now preparing the so-called program supplement to the relevant manuals, which stipulate the terms and conditions, procedures for and types of potential projects, selection criteria, groups of final recipients, etc. Since the Czech Republic will join the European Union in less than three months and the final versions of operational programs or individual program documents are yet to be published, the entire process is delayed and it is very likely that the announcement of individual programs will be postponed.
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KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.
Evidence skutečných majitelů: Co přinese znepřístupnění od 17. prosince 2025?
Letošní rozhodnutí Nejvyššího soudu a Nejvyššího správního soudu navázala na rozsudky Soudního dvora Evropské unie, a, s platností i pro Českou republiku, konstatovala, že zveřejňování údajů v rámci evidence skutečných majitelů představuje nepřiměřený zásah do základních práv majitelů na soukromí a ochranu osobních údajů. Důležitým aspektem těchto rozhodnutí byl závěr, že sankce, které postihují povinné subjekty jako reakce na nesplnění jejich povinnosti zápisu do evidence skutečných majitelů, není možné vymáhat, dokud je evidence veřejná. Tato situace se změní 17. prosince 2025, kdy ministerstvo znepřístupní evidenci skutečných majitelů; povinným subjektům tak budou opět hrozit závažné sankce.
30th Advent Concert for the Committee of Good Will – Olga Havlová Foundation
This year again, during the pre-Christmas season, the Advent Concert of Good Will took place. Since 1995, it has been organised by the law firm Kocián Šolc Balaštík in support of the Committee of Good Will – Olga Havlová Foundation. This was already the 30th anniversary edition, made exceptional by the fact that we organised it for the first time together with our partner, Smetanova Litomyšl, as part of a broader mutual cooperation. As always, the concert was held in the concert hall of the Church of Sts. Simon and Jude in Prague’s Old Town.
