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News

Doing business

Articles, interviews, research & studies, press releases from and about AmCham member companies related to the Czech business environment.

Managing business

Articles sharing best practices and knowledge of managing a business. Shared expertise and experiences of our community are available in this section to raise the standards of operational excellence.

Clifford Chance advises Československá obchodní banka on the financing of OAMP, companies providing local distribution system and water management

15.10.2024, Company: Clifford Chance Prague LLP, organizační složka

The Prague office of Clifford Chance has advised Československá obchodní banka (ČSOB), one of the major Czech banks, on the financing of OAMP Infrastructure and OAMP Distribution, a system of buildings providing local distribution and water management to the multimodal park situated around the Leoš Janáček International Ostrava Airport.

Tags: Law |
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Significant acquisition by Pražská energetika signed with JŠK's assistance

14.10.2024, Company: JŠK, advokátní kancelář, s.r.o.

JŠK advised PRE Group on its acquisition of 100% stake in solar power plant supplier SolidSun

Tags: Law |
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bpv BRAUN PARTNERS advised investment fund CREDITAS ASSETS on the sale of battery projects in the UK

10.10.2024, Company: bpv Braun Partners s.r.o.

The international law firm bpv BRAUN PARTNERS has provided comprehensive legal advice to domestic investment fund CREDITAS ASSETS on the sale of UK energy company Green Bess Developments developing large-capacity battery storage facilities.
 
The transaction involved four major battery storage projects in the UK. Three of these projects are located in Scotland and each has a planned capacity of 500 megawatts. The fourth project, located in England, will be developed in two phases - the first phase envisages a capacity of 450 megawatts and the second is expected to reach up to one gigawatt.
 
Legal advice was provided by the transaction team led by the firm's partner Mgr. David Vosol, M.B.A. and attorneys Mgr. David Plevka and Mgr. Pavel Březina.
 
"As part of our comprehensive legal advisory services to the investment fund CREDITAS ASSETS, we coordinated the preparation and review of the complete transaction documentation as "lead counsel" and participated significantly in the negotiations on the structure and terms of the transaction," says partner David Vosol, "In the preparation and completion of the transaction, we cooperated with the British law firm Watson Farley & Williams, whose support we have had excellent experience with in several previous international transactions." adds attorney David Plevka.
 
Investment fund CREDITAS ASSETS, established in 2020,  focuses primarily on investments in the energy sector and owns equity interests in companies engaged in the generation, distribution and trading of electricity.


 

Tags: Law |
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ESG Legislation: Double Materiality Assessment

4.10.2024, Company: Forvis Mazars s.r.o.

In previous ESG newsletters, we have introduced you to an overview of legislation regulating ESG and non-financial reporting, specifically the Corporate Sustainability Reporting Directive (CSRD), European Sustianability Reporting Standards (ESRS) and the EU Taxonomy Regulation. Today we will focus on double materiality assessment, which is a crucial part of the implementation of the legislative requirements. We will guide you through the basic principles and concrete steps that the assessment involves, but we will also look at recommendations for the implementation and conducting of double materiality in practice.

Tags: Sustainability |
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Global Fintech 2023: Reimagining the Future of Finance

2.10.2024, Company: BCG - The Boston Consulting Group

In just two short decades, fintech—an amalgam of “finance” and “technology”—has exploded onto the scene, revolutionizing the financial services industry as we know it. This dynamic sector has been fueled by the various innovations that have shaped a generation, each one seemingly more game-changing than the last.

Tags: Finance |
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Seminar market Risk (in Czech)

7.10.2024, Marketplace

For whom it is intended

The seminar is intended for specialists of medium and large companies whose management is affected by market risks, and specialists of banks, insurance companies, pension and investment funds who deal with market risk and investments.

Tags: Education | Finance | Economics |

Seminar Assets and Liabilities Management - ALM (in Czech)

16.09.2024, Marketplace

For whom it is intended

The seminar is intended for risk managers, ALM departments and internal auditors from banks, insurance companies, pension and investment funds and leasing companies.

Tags: Education | Finance | Economics |

Seminar GHG Emissions Measurement and Carbon Footprint Calculation (October 9, in Czech)

16.09.2024, Marketplace

Objectives of the seminar

The aim of the seminar is to introduce participants to the practical aspects of measuring the magnitude of greenhouse gas emissions using real examples.

The introductory part of the seminar focuses on the background and assumptions for GHG measurement, including the definition of the legislative requirements and the standards used. We will then introduce the procedures for measuring GHG emissions under the different scopes. Finally, participants will learn how and in which areas information on their own and clients’ GHG emissions can be used.

Tags: Sustainability | Health | Education | CSR | Finance | Economics |

Seminar CRR 3 / CRD 6 in Detail (in Czech)

10.09.2024, Marketplace

Objectives of the seminar

The seminar provides an overview of changes in banking regulations introduced by the new CRR 3 and CRD 6 regulations. Participants will gradually familiarize themselves with regulatory changes in various areas, including credit risk, operational risk, output floor, ESG, FRTB, and others. Throughout the seminar, both the implementation of these changes and their impact on banks will be discussed.

Tags: Education | Finance | Economics | Law |

Seminar Impacts of Climate Change and their Solutions (17. - 18. 9. 2024, in Czech)

2.09.2024, Marketplace

Objectives of the seminar

The topic of climate change is highly debated in the media and clearly divides society into two distinct groups. After attending the seminar, you will be able to form your own, fact-based opinion on the significance and extent of the (potential) impacts of climate change and the meaningfulness and feasibility of individual proposals for solutions.

You will be able to use the information provided during the seminar both in developing (adapting) your corporate strategy and in assessing the impact of climate change, not only in your business sector but also in your everyday life. You will learn what information about climate change is undeniable facts, what is scientific conclusions, pure speculation or even complete fabrications and hoaxes. We will help you to understand the meaningfulness of the measures taken or planned and the overall urgency of the problem.

Tags: Sustainability | Education | CSR | Economics |

Seminar Model Risk (12.9.2024 in Czech)

2.09.2024, Marketplace

Objectives of the seminar

The number and importance of models used for management is constantly growing, and with it the severity of the possible consequences resulting from the decisions recommended or automatically implemented by them.

The aim of the seminar is therefore to teach participants to correctly identify and measure risks of models and then to show how to use the results of these methods for practical model risk management. During the seminar, we will discuss key measures for assessing the accuracy and suitability of models, the role of validation, monitoring, back-testing and related reporting. The seminar also includes an overview of regulatory requirements / expectations in this area, including requirements and recommendations at the international level. The seminar will present the methods of model risk management on practical examples covering the life cycle of models.

Tags: Education | Finance | Economics |
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