AML Compliance Notice
Status as an Obligated Entity
In accordance with Act No. 253/2008 Sb. on Certain Measures Against Money Laundering and Terrorist Financing, Jan Spáčil is an obligated entity when providing legal services related to:
- real estate transactions;
- establishment and management of companies, foundations, or trusts;
- management of client assets;
- certain financial transactions carried out on behalf of clients.
Statutory Obligations
In this context, Jan Spáčil is required by law to:
- verify client identity before establishing an engagement (KYC);
- monitor transactions for indications of money laundering or terrorist financing;
- in specific circumstances defined by law, report suspicious transactions to the Financial Analytical Office of the Czech Republic (Finanční analytický úřad — FAÚ), even where this limits professional secrecy in that specific instance.
Relationship to Professional Secrecy
These obligations are imposed by law and do not require client consent. They do not affect attorney-client privilege in relation to legal advice and representation outside the scope of the AML Act.