HAVEL & PARTNERS was involved in the drafting of the Bank Identity Act – the best act in 2020 according to the professional public

21. 04. 2021

The winner of the 12th annual Act of the Year survey is the Bank Identity Act, which significantly simplifies identification in the online environment. HAVEL & PARTNERS team led by František Korbel, a partner, took part in the drafting of the regulation enabling remote identity verification via access data to online banking. This is the third time in a row that the law firm has participated in drafting a regulation that won this Act of the Year survey.

Act No. 49/2020 Sb., on Bank Identity, an amendment to the Act on Banks, the AML Act and other acts made it possible to broaden the scope of banking services to include electronic identity verification, e-signing and other trust-building electronic services.

"In cooperation with the Czech Banking Association, the ICT Union and our colleagues from ROWAN LEGAL, HAVEL & PARTNERS has been involved, since the very beginning, in the drafting and implementation of the Bank Identity Act, which introduced one of the most secure and widely used digital identification methods in the Czech Republic. Our firm’s specialised team has long been actively involved in the drafting of high-quality and functional legislation that has been significantly helping to accelerate the digitisation process. I am very pleased to see that our effort has been repeatedly rewarded and the act we drafted won the first place in the Act of the Year survey," commented František Korbel on the results.

In addition to the Bank Identity Act, our law firm also co-drafted the Act on the Right to Digital Services, which succeeded in the survey last year. Moreover, the unique HAVEL & PARTNERS’ know-how in drafting new legislation was also rewarded in the Act of the Year 2018 survey with the winning amendment to the Act on Acceleration of Line Infrastructure Construction, co-drafted by the firm’s team of specialists focusing on the public sector, construction engineering and regulation.

The Act of the Year survey is a joint project organized by companies, associations and other entities involved in the quality of Czech business regulation. The survey is organised by Deloitte Legal and regularly organised under the auspices of the Czech Bar Association, the Czech Chamber of Commerce and the Czech Chamber of Tax Advisers.

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