Spotlight issue

14th February 2024 / Competitiveness / Tax & Finance

2024 edition of Banking on the Cloud

We are excited to release the 2024 edition of Banking on the Cloud. This year we explore several trends—from maturing the customer experience to advancing ESG to modernizing finance and more. In this report we also highlight how banks are using generative AI in the activities of banking to transform and reimagine their customer interactions, as well as their internal processes. Download the report to start exploring trends and learn how banks are working with AWS to transform their business.

14th February 2024 / Good governance / Legal Reform and Transparency

HR Legal Alert - November 2023

Legislative changes and proposals
  • Internal reporting systems also mandatory for smaller employers from 15 December 2023
  • Foreign boarding fees for 2024
  • Increase in the reduction thresholds for adjusting the daily assessment base for 2024
  • Decree on fixing the amount of the lump – sum reimbursement of telework expenses for 2023
Court decisions

12th February 2024 / Good governance / Legal Reform and Transparency

GDPR Legal Update - Autumn - winter 2023

  • EDPB Guidelines on the e-Privacy Directive
  • The PDPO imposed fines for distribution of commercial communications
  • CJEU on the conditions for imposing administrative fines
  • The CJEU on automated processing

1st February 2024 / Competitiveness / Education

The Czech Republic ranks 15th out of 27 in the EU for quality of education and research

We also have the 5th lowest number of university students in the EU. The Nordic countries and the Netherlands are the most successful thanks to investment in education and innovation.

1st February 2024 / Competitiveness / Digital Agenda

Digitization could boost EU economic performance by another Netherlands, says new international study

Europe is facing economic stagnation and the number of European companies represented in the Fortune Global 500 has almost halved between 2005 and 2021. The EU is lagging behind the US and China in AI, and similarly in the adoption of cloud computing and 5G, according to a new international study by Vodafone Group. European telecoms regulation needs to be rebooted and a single market created to attract the necessary investment, it says.

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
Technology, People, Infrastructure


Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.



Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic