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Cash Law – Changes in Legal Regulations

As of 1st of July, 2023, an amendment to the Constitution of the Slovak Republic entered into force, incorporating Article 39a into the Constitution of the Slovak Republic, which regulates the right to cash.

KYC

[2025] Čo je to KYC?

KYC represents the acronym for the English phrase "know your customer," which translates to "poznaj svojho klienta" in Slovak.

[2025] Čo je to GDPR?

GDPR is an EU regulation governing data protection. GDPR stands for General Data Protection Regulation. The Slovak equivalent is Všeobecné nariadenie na ochranu osobných údajov.

[2025] Čo je to AML?

AML stands for anti-money laundering. In practice, it is most commonly understood as a set of rules aimed at preventing money laundering (of illicit funds).

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