NEWSROOM

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Introduction of the European Health Data Space

On 5 March 2025, the European Union officially adopted Regulation (EU) 2025/327, which established the European Health Data Space (EHDS).

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Companies may have six more months to comply with the NIS2 directive

“To comply with the cybersecurity requirements of the NIS2 directive, affected businesses may get an additional six months to prepare,” announced the Supervisory Authority for Regulatory Affairs of Hungary (SZTFH) in a statement on 5 May 2025.

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An administrative relief for multinationals: EU Adopts DAC9 Directive on Global Minimum Tax

On 24 April 2025, to streamline compliance with the global minimum tax (GloBE) rules, the European Union adopted the DAC9 Directive (Directive on Administrative Cooperation).

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Unexpected turnaround for loan agreements denominated in foreign currencies

In Hungary, foreign currency-based loan contracts became popular in 2006, as they were available at significantly lower interest rates than their forint-based counterparts.

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The EU is preparing to simplify the GDPR

The European Commission is currently working on simplifying and possibly eliminating several obligations under the General Data Protection Regulation, to reduce regulatory burdens on small and medium-sized enterprises (SMEs), which have long faced challenges in complying with the GDPR’s complex documentation and procedural requirements.

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Budapest Airport - 75th anniversary

We are truly grateful for the kind invitation to the festive gala concert celebrating the 75th anniversary of Budapest Liszt Ferenc International Airport.

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IMPORTANT UPDATE: Keeping Your Security Top of Mind

We have recently been informed that malicious actors are using law firms, including our firm’s name and logo in phishing attempts targeting clients and contacts.

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European Parliament backs proposal to postpone sustainability obligations

As we announced earlier, on 26 February 2026, the European Commission proposed an Omnibus package aiming to help EU companies meet their sustainability obligations by simplifying certain sustainability reporting legislations.

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EU Import Control System 2 (ICS2) extends to road and rail transportation from April 2025

The European Union’s Import Control System 2 (ICS2) aims to enhance the safety and security of goods entering the EU by introducing a standardized pre-arrival customs process for all transportation modes, including road and rail, in addition to the existing maritime, air, and inland waterway requirements.

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Lawyer Football Cup 2025 – where it's not just brains, but boots that shine!

This year’s edition of the traditional, friendly Lawyer Football Cup once again brought together teams in the spirit of sportsmanship and good fun.

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