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Our company owns an aircraft engine that is leased to a Slovak airline. The aircraft itself is owned by another company and is registered in the Slovak Aircraft Register. The ownership of the aircraft is now changing as the original aircraft owner sells the aircraft to another party. The engine, which is installed in the aircraft, will remain our property and the aircraft will continue to be operated by the same Slovak operator. We would like to ensure that the change of ownership of the aircraft will not affect our ownership…

Our company employs a cleaner who does not carry out her cleaning duties properly. In early September last year, we formally inspected the cleanliness of the premises she is responsible for cleaning and produced a written report of the inspection findings, which she was asked to sign. Based on that, we issued her with a written warning listing all the deficiencies identified during the inspection and informed her that a follow-up inspection would be carried out in two months’ time. According to feedback from other employees, the quality…

Our Slovak company is a subsidiary of a US-based parent company. Our core business is the global distribution of goods. The parent company has adopted compliance policies and wishes them to be applied across its European subsidiaries, including the Slovak one. The parent company has asked us to localise the global compliance policies, with a particular focus on the anti-money laundering (AML) policy. By implementing the AML policy across its European subsidiaries, the parent company hopes to reduce…

My former partner and I separated shortly before the birth of our child. I did not accompany her to the maternity hospital. Nevertheless, I believed that I was the father of little Tomáš. Until he turned four, I paid child support in accordance with an agreement with my former partner. She then stopped allowing me to see Tomáš. As a result, I stopped making the payments assuming that my former partner would apply to the court for a formal determination of…

Our company owns an aircraft that we intend to lease to a Slovak airline. This Slovak airline will operate the aircraft; therefore, the aircraft must be registered in the Slovak aircraft register. We have experience with registering aircraft with the Czech Civil Aviation Authority, but we have no experience with the Slovak Transport Authority. How does aircraft registration work in Slovakia? What documents need to be submitted? Do the Slovak authorities accept documents in English, as is the case in the Czech Republic?

I am a statutory representative of a company one shareholder of which s is a state-owned joint-stock company. However, it is only a minority shareholder, even though the Commercial Register states that it holds a majority share. Under the articles of association, the shares held by the state shareholder carry only 5% of the voting rights and a 10% share of profits. Therefore, the company in which I act as a statutory representative is not state-controlled.

As a financial institution, we are obliged to identify clients and verify their identity in accordance with the AML Act. Before the latest amendment to the AML Act came into effect, when verifying the identity of corporate clients other than the statutory officers (such as CFOs, COOs, etc.) we accepted powers of attorney, delegations, or mandates even without officially certified signatures of the statutory officers. Section 8(1)(c) of the AML Act stated that verification of identity means the verification of data obtained from a presented power of…

We are an obliged entity under the Slovak Act No. 297/2008 Coll. on protection against money laundering and terrorist financing (AML Act). Many of our clients are entities funded from the state budget, established by law, or otherwise part of public administration. For such entities, we typically perform simplified due diligence in accordance with Section 11 of the AML Act. However, even for these clients, we identify and verify the ultimate beneficial owners (UBOs). Since in most of the cases of these…

One of our employees has an employment contract specifying that her place of work performance is at our two facilities. However, we now want her to work from only one of these facilities and we want to prevent her from freely choosing which of the two facilities she works from. We have informed the employee that it is no longer possible for her to work from the second facility and have requested that, from a certain date, she only works from the address of the first facility. The employee is objecting, claiming that this is a change to her employment contract, which can only be done by a written amendment.