Transparent to the Bone
This requirement would substantially increase the information listed today in the Companies Register and the Register of Foundations and would require establishing a Trust Register and a Register of Trust Succession Assets as well.
However, the most controversial issue is that the EU requirements will impact property institutes that manage family assets and resolve inheritance and other sensitive issues. The duty to disclose and make such information publically available is not supported by any clear argument that would justify such an invasion of privacy. Especially in terms of trusts, the requirement is comparable to requiring that bank account balances be made available to the public.
Although there may be a certain amount of understanding for the political appeal of the idea of full transparency, the requirement must always be corrected by the right to privacy as a fundamental right to a life of freedom. Transparent walls in our homes will not make anyone happier. Remember, the concept of modern civic society (which European culture still claims (at least formally) to be a part of) was born in a city. The city environment had liberating effects not only thanks to the city infrastructure but primarily because it offered anonymity, which was utterly inconceivable in the country and which provided room for freedom.
Other articles
Helena Navrátilová on Three Decades of the Advent Concerts of Good Will
KŠB partner Helena Navrátilová was recently interviewed on S dobrou vůlí, the podcast of the Committee of Good Will – Olga Havel Foundation. Speaking with editor Veronika Širc, Helena talked about the origins and history of the Advent Concerts of Good Will, which KŠB has been organizing for over thirty years.
KŠB advises the founders on the sale of the LIPOELASTIC Group
KŠB, in collaboration with investment advisers from the Roklen Group, advised LIPOELASTIC Group founders Alena and Tomáš Hradil on their exit from the group, which they had built up over almost twenty-five years.
Chemistry Brings People Together: KŠB at the 2026 Evening of Czech Chemistry
Czech chemistry and the chemical industry are built on innovation, responsibility and the people who drive the field forward. On Thursday, 22 October 2026, leading figures from the field and industry representatives came together at the Grand Hotel International Prague for the Czech Chemical Industry Association’s annual Evening of Czech Chemistry.
