New criteria for loan acceleration from November 2024
The amendment to the Civil Code, effective from 1st of November, 2024, introduces new criteria for the acceleration of consumer loans.
legislatíva
Update of general terms and conditions
Following significant changes in consumer law, it is necessary to update the general terms and conditions, complaint procedures, terms of use, or other internal documents.
AML Act
AML is an abbreviation for the English term anti-money laundering. In practice, AML is most commonly understood as a set of rules or measures aimed at preventing money laundering.
Changes in consumer law terminology
Changes in consumer law also include the harmonization of terminology and the legal definitions of new terms, such as online marketplace, online marketplace operator, and others.
Consumer protection against false discounts
One of the changes introduced by the new legislation is to increase consumer protection against false discounts and misleading or manipulating the amount of the discount.
Consumer protection against fake reviews
The new Consumer Protection Act also brings a change in the area of protection against fake reviews.
The Data Protection Act will not apply to personal data of deceased individuals.
The Data Protection Act will no longer apply to the processing of personal data of deceased individuals. The change is effective from 1st. of July 2024.
Increase in court fees from 1st of April 2024
As of 1st of April, 2024, court and administrative fees will increase. Check the overview of selected fees after the increase.
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.
Time limit for court preceeding costs
The deadline for issuing a resolution on the reimbursement of costs was absent in the legal framework since the recodification of civil procedure. The amendment to the Civil Procedure Code established a deadline of 60 days from the date of the final decision that concludes the proceedings.