NEWSROOM

Driving Europe’s EV Future: EU to Boost Demand and Build Battery Independence

The European Commission was set to announce an automotive action plan on 5 March 2025 to boost electric vehicle (EV) demand and enhance local battery production within the EU. Key initiatives include encouraging the electrification of corporate car fleets, which comprise around 60% of all new vehicle registrations across the EU, and proposing exemptions from road charges for zero-emission heavy vehicles.

Facial recognition and minor offences: new Hungarian law raises EU compliance questions

In March 2025, the Hungarian Parliament enacted legislation expanding the use of facial recognition technologies in minor offence procedures. The law is a part of broader efforts aimed at enhancing child protection measures, but has sparked considerable legal debate due to potential conflicts with European data protection laws, including the General Data Protection Regulation (GDPR) and the forthcoming EU Artificial Intelligence Act.

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.

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.

The golden age of Shein and Temu might come to an end in the European Union

On 5 February 2025, new charges on imported e-commerce parcels were introduced to regulate the influx of non-compliant trade from China, following an announcement by the European Commission.

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.

EU presents the Clean Industrial Deal

The European Commission’s Clean Industrial Deal (CID), announced on 26 February 2025, aims to boost EU industry competitiveness while accelerating decarbonization.

No proper information, no interest for the banks

If a bank fails to comply with its information obligations in consumer credit agreements, it may be deprived of its right to charge interest and other fees. This applies even if the severity of the violation and its consequences for the consumer vary from case to case.

Congratulations to Krisztián Királyvölgyi

We would like to extend our warmest congratulations to our colleague, Krisztián Királyvölgyi on earning a new certification: Foundations of Management Program from SEED School for Executive Education and Development!

Rules on casual and seasonal employment have changed

Over the past years, the number of casual and seasonal employees in Hungary has reached nearly 320 thousand, however, according to the Government, many employees are only registered as such because of the tax benefits associated with the forms of simplified employment.