NEWSROOM

Important changes in civil litigation – Part II – Penalties and public access

This article is part of a series presenting selected amendments introduced by Act XLIX of 2025 on the amendment of laws concerning the judiciary (hereinafter the "Act"), which significantly affect civil litigation in several respects.

Hungarian Parliament closes transaction tax loophole used by Revolut and other neobanks (Bori)

The Hungarian Parliament adopted a tax package in June amending the Financial Transaction Tax Act to close existing loopholes and ensure that all market participants are subject to the tax. The new provision targets internal balance adjustments within payment service providers’ systems, i.e. transactions that previously escaped taxation.

The European Commission proposes EU Space Act

On 25 June 2025, the European Commission proposed the EU Space Act to make Europe’s space sector cleaner, safer and more competitive in Europe and its export markets.

Employment relationship clarification procedure in Hungary

Starting 1 July 2025, Hungary will implement a new procedure aimed at clarifying employment relationships and addressing cases where employers fraudulently evade taxes and social security contributions. The initiative is designed to protect employees while also reducing the administrative burden on employers.

EU Adopts New Cybersecurity Blueprint to Bolster Crisis Response

On 6 June 2025, the Council of the European Union adopted the updated Cyber Blueprint, which serves as a key guideline for the Member States for managing large-scale cybersecurity incidents and crises across the Union.

New insurance rules: Hungarian Chamber of Commerce and Industry starts enforcing contractor liability coverage

Based on the provisions of Act C of 2023 on Hungarian Architecture (Hungarian Architecture Act), which entered into force on 1 October 2024, the liability insurance rules for contractors have changed.

Hungarian court declared a foreign currency loan invalid

In June 2025, a foreign currency (Swiss franc) loan agreement was annulled by the Pest Central District Court, since the creditor bank had failed to properly inform the debtor (who had been a consumer) about the exchange rate risk arising from the agreement.

MOHU in danger: New EU Regulation on operating bottle Deposit Return System

According to Regulation 2025/40 of the European Parliament and the Council on packaging and packaging waste, starting from 1 January 2029, only non-profit organizations will be allowed to operate mandatory deposit return systems (DRS) for beverage packaging. Currently, in Hungary, this system is fully operated by MOHU MOL Hulladékgazdálkodási Zrt. (MOHU).

EU revises Foreign Direct Investment Screening Regulation

On 8 May 2025, the European Parliament adopted its first reading position concerning the revision of the Foreign Direct Investment (FDI) Screening Regulation. With the proposed regulation, the EU legislator aims at preventing foreign investors from gaining a dominant position in key strategic sectors, and at the same time preserve the attractiveness of the EU from an investment point of view.

EU Commission proposes new measures to cut business costs by €400 million annually

On 21 May 2025 the European Commission introduced its Fourth Simplification Omnibus Package, aiming to cut administrative costs by €400 million annually across the EU. This initiative is part of a broader strategy to streamline EU regulations and ease compliance, especially for mid-sized businesses.