PRACTICE AREA
Compliance
As technology advances, so new opportunities emerge – and with them new risks. The volume of new legislation that companies must comply with is constantly growing. Compliance programmes offer systematic protection against the legal and regulatory risks related to your business. They can also form the last line of defence where the only way to avoid sanctions, damage to your reputation or other adverse effects is to show that your company has taken all reasonable preventive measures.
PRK offers customised modular compliance programmes that identify and manage all the legal and regulatory risks associated with your business. They are a simple, cost-effective and transparent way to deal with risks such as civil liability, sanctions, reputational risk and criminal liability. In addition to our legal expertise, we leverage our knowledge of various industry sectors and deliver solutions for all stages of implementation of new legislation.
Our specialised legal team has rich experience in all fields of compliance practice. We deliver a measured response to any situation you may face, be it help preparing for a planned audit or inspection, a quick response during a dawn raid, or strengthening your company or group-wide compliance programme.
A strong legal team on your side
References
We provide, via secondment, compliance services and coordinate international issues for a fast-developing international SaaS pricing services provider.
We provided full legal services to Philip Morris International in relation to the introduction of a new category of tobacco product – the IQOS device – and post-launch matters on the Czech and Slovak markets.
We provided a leading Czech insurance company with comprehensive legal advice in connection with the implementation of the Insurance Distribution Directive (IDD). This included designing new internal compliance processes, preparing new internal and contractual documentation, and negotiating with representatives of external distribution channels.
We advised a multinational brewing and beverage company, on Slovak and Czech compliance issues related to the sale of its businesses in central and eastern Europe.
We provided compliance advice on the establishment of a foreign bank branch in the Czech Republic.
