NEWSROOM

Another stop sign for statutory price control in Hungary

The Court of Justice of the European Union (CJEU) has issued its decision in Case C-658/24, following a request for a preliminary ruling in the case of Penny Market.

The AML Act May Expand To Cover New Risks

The Hungarian Parliament is proposing to amend the Act on the Prevention and Combating of Money Laundering and Terrorist Financing (hereinafter the AML Act). According to the proposal’s introduction, the amendment has become necessary to ensure compliance with international professional standards and was drafted taking into account the practical experience of domestic authorities and service providers.

Legislative developments on the horizon for Hungary’s new Climate Act

Hungary is looking to adopt a new Climate Act in November 2026, marking the most significant reform of the country’s climate legislation since the adoption of the Climate Protection Act in 2020.

Stricter Rules for the Special Tax on Petroleum Product Manufacturers

On 14 July 2026, the Hungarian Parliament adopted an act amending certain tax laws, which, among other changes, modifies the rules governing the special tax imposed on petroleum product manufacturers.

A New ESG Toolkit Has Been Published for SMEs

For SMEs, compliance with ESG requirements represents a proportionally greater burden, which is why, coordinated by the Győr-Moson-Sopron County Chamber of Commerce and Industry and supported by the Enterprise Development Project, an “ESG Toolkit” was published, offering practical assistance in preparing for sustainability tailored specifically to the needs of Hungarian SMEs.

A New era in fiduciary asset management – the institution remains, the tax rules tighten

On 17 July 2026, the Government submitted to Parliament a bill that, as of 31 August 2026, will reshape the personal income tax rules governing fiduciary asset management (“bizalmi vagyonkezelés” in Hungarian) and private foundations.

Modernisation of air passenger rights

According to the European Parliament's press release of 15 June 2026, the European Parliament and the Council reached a provisional agreement to modernise the EU air passenger rights framework while preserving the core rights established under the existing regime.

EU proposes Cloud and AI Development Act to accelerate data centre deployment

The European Commission has published a proposal for a Regulation on the Cloud and AI Development Act (CADA) aimed at strengthening the EU’s cloud and AI infrastructure and addressing the rapidly growing demand for data centre capacity driven by artificial intelligence.

New Restriction on Guest Worker Residence Permit Applications

According to a recent Government Decree, as of 6 June 2026, it is no longer possible to apply for a new ‘guest worker residence permit’.

Extended Working Time Frames in Hungary: Decree Expired, Impact Remains after the State of Emergency

The recent expiration of a key Hungarian Government decree has introduced important changes to working time arrangements, particularly in the tourism and hospitality sectors.