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Chambers and Partners, Europe 2025
We are once again included in Chambers and Partners’ ranking of Europe’s best lawyers and law firms.
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New proposal on the protection of air passenger rights
On 21 January 2026, the European Parliament adopted its position on proposed changes to EU air passenger rights, strongly opposing efforts by EU Member States to weaken existing protections.
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Cybersecurity turning point in the EU: a new legislative “shield” against digital attacks
The European Commission, in a press release issued on 20 January 2026, announced a new cybersecurity legislative package aimed at enhancing the EU’s resilience in the face of continuously intensifying cyberattacks.
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GDPR reform on the horizon - anticipated changes under the EU Digital Omnibus proposal
The European Union is considering targeted amendments to GDPR as part of a broader digital regulatory reform, commonly referred to as the Digital Omnibus initiative.
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Record Hungarian Solar Growth in 2025
In 2025, Hungary continued its rapid rise as one of Europe’s most dynamic solar energy markets, achieving record deployment rates and a significant share of renewable electricity, while advancing its transition toward a low-carbon energy system.
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New ESG Regulations Have Come into Force
Under the ESG Act, companies meet their ESG reporting obligations by preparing an annual ESG report on the fulfilment of their sustainability due diligence obligations for the previous financial year, which must be audited by an ESG auditor.
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Changes in the Intra-Group Transactions: New Transfer Pricing Decree
On 23 December 2025, the Ministry of National Economy published a new decree that reforms the current transfer pricing system with companies of common ownership and it shall be applicable for the 2026 tax year, with some of the legal provisions regarding certain local documents applicable for 2025.
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Tax and Financing Relief Measures in the Hospitality Sector – The ‘5+1 Action Plan
In February 2026, the Hungarian Government adopted a 5+1 point action plan affecting the hospitality sector, introducing several tax and financing relief measures for market participants.
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EU Commission renews UK data protection adequacy
In a significant development for cross-border data flows, the European Commission has renewed its adequacy decisions with the United Kingdom, ensuring that personal data can continue to move freely and securely between the EU and the UK without additional transfer safeguards until 27 December 2031.
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Significant Changes of the Development Tax Regulations
On 8 December 2025, a draft amendment to the Government decreeon the development tax allowance was published for public consultation, proposing significant changes. The public consultation period closed on 16 December 2025 without any substantive comments, and the amendments entered into force in January 2026.
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