Amendment to Act on Greenhouse Gas Emission Allowance Trading
According to the European Commission, the provisions of Section 8(6) and (7) of the Act – guaranteeing the full right to receive allowances for two subsequent trading terms to preselected groups of operators – could be deemed to constitute state aid incompatible with the public market.
The amendment also deals with the current application troubles. The Act provides the Ministry of the Environment with permanent authorization to allocate the allowances or, if applicable, regulate the allocated amount if several facilities merge or a single facility demerges. So far, such authorization was contemplated to apply only to the first trading term, but not permanently.
The amendment further introduced provisions on termination of the allowances since the provisions resulted hitherto in practical problems with dismissing operators who failed to comply with the criteria for being enrolled in the scheme and closing their deposit accounts with the register.
The amendment newly introduced assigned amount units (AAUs) that represent the difference between the Czech Republic’s obligation under the Kyoto Protocol and the actual emission reduction as compared to 1990. The Ministry of the Environment may sell these credits both to other countries participating in the scheme of international emission trading and to private corporations in auctions. The funds raised may only be used to support projects for reduction of greenhouse gas emissions.
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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.
