Jalsovszky has launched a Legal Technology Team led by Head of Technology Geza Jalsovszky.
Hungarian Minister Proposes Legislation to Enhance Transparency in State-Funded Projects
On 7 April 2025, Mr. János Lázár, Hungary’s Minister of Construction and Transport announced via social media his intention to introduce a major legislative initiative designed to overhaul the oversight of public investments.
Hungary Finalizes Key Cybersecurity Supervisory Rules under NIS2 Framework
On 17 April 2025, the President of the Hungarian Supervisory Authority for Regulated Activities (SZTFH) issued Decree 3/2025. (IV. 17.), setting out detailed provisions on cybersecurity supervision, the conduct of regulatory inspections, and the role of the information security supervisor.
The Government Has Decided on Changes to Facilitate the Use of Cash
In March 2025, the Hungarian Government decided to significantly strengthen Hungarian citizens’ right to use cash. In this context, the Fundamental Law has been amended, so that the possibility to pay in cash will become a fundamental right. According to the explanatory memorandum, this is necessary to avoid the economy becoming completely vulnerable to electronic financial systems.
1 July 2025: A Key Deadline for Crypto Asset Service Providers in Hungary
The regulatory landscape for crypto assets is undergoing significant changes, driven by the European Union’s Markets in Crypto-Assets Regulation (MiCA) (Regulation 2023/1114).
Will the Hungarian ESG Act Be Amended Once Again?
The Hungarian Ministry of National Economy published a bill to amend the ESG Act on 21 March 2025, simultaneously launching a public debate on the proposal. According to the official justification, the amendment aims to optimise the ESG reporting framework for sustainability aspects of Hungarian enterprises, to further strengthen the competitiveness of enterprises and to reduce the reporting and administrative burden on enterprises.
Hungary’s New Non-Performing Loans Rules: What Market Players Need to Know
In recent years, the European Union has paid special attention to the management of non-performing loans (NPLs), as these loans significantly impact the economic and financial stability of member states. As part of this effort, (EU) Directive 2021/2167 was introduced, which member states were originally required to implement into national law by 29 December 2023. However, in Hungary, the draft law aimed at implementing the directive was only presented to Parliament in March 2025.
Tax Audit of Dividend Claims Placed in a Trust
On 11 March 2025, the Ministry of National Economy and the National Tax and Customs Administration of Hungary published an opinion regarding the taxation of assigning dividend claims into a trust structure.
CEE Legal Matters Comparative Legal Guide: Litigation 2025 is Now Out!
CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Litigation in CEE.
Litigation in Hungary
Contributed by Oppenheim.
Hungarian Inquiry Eyes Single-Bid Medical Procurement
Despite a reduction in single-bid contracts, the GVH proposes additional measures to improve competition and transparency.
Pontes Budapest Advises Emeren Group on Project Financing for Solar Portfolio
Pontes Budapest has advised Emeren Group on project financing in Hungary for its 52.4 megawatt-peak solar portfolio, secured in collaboration with Raiffeisen Bank Hungary.
Martin Kluch Appointed as Head of CEE Energy and Infrastructure Practice Group at Horizons Alliance
Horizons Alliance has appointed HKV Law Partner Martin Kluch as the new Head of CEE Energy and Infrastructure Practice Group with Erdos Partners Partner Balazs Varszeghi serving as Deputy Head.
Charging Ahead: Hungary’s Newly Introduced Rules Fuel Co-Located BESS Expansion
The expansion of renewable energy sources, particularly photovoltaic (PV) systems, has been a cornerstone of Hungary’s strategy to diversify its energy portfolio and achieve sustainability objectives. However, the inherent variability of solar power generation presents challenges for maintaining grid stability and ensuring a reliable electricity supply.
Attracting International Workforce: EoR, the New Panacea?
Employer of record (EoR) services are becoming increasingly popular for companies looking to expand rapidly internationally. This allows a company to enter a market and recruit workers in another country quickly, efficiently and at lower cost without setting up a subsidiary. As with any panacea, however, it is important to be careful.
Hungary's New Cybersecurity Strategy
The Government of Hungary has recently adopted Government Decision 1089/2025 (III. 31.) on the country's Cybersecurity Strategy, effective between 2025–2030.
Schoenherr and Hogan Lovells Advise PTC on Acquisition of IncQuery Group
Schoenherr and Hogan Lovells have advised PTC on its acquisition of IncQuery Group. Act Legal and Winkler, Barna & Associates reportedly advised the sellers.
Hungarian Government Introducing New Restrictions to Curb Pollution
The Hungarian Government is committed to reducing environmentally harmful activities and protecting the environment. However, fines imposed by environmental authorities for violations related to environmental permits, noise pollution and air quality have remained unchanged for 15–20 years. The Government expects all investments to meet the highest environmental standards, and under the “polluter pays” principle, non-compliant companies will face penalties.