NEWSROOM

New experts have strengthened the KCG Partners team! (2.)

We continue our series introducing our new experts with Viktória Vad, whose professional expertise, experience, and dedication make her a valuable member of the KCG Partners team.

The EU’s Fair Labour Mobility Package

In September 2026, the European Commission adopted the Fair Labour Mobility Package, which aims to make labour mobility within the EU simpler and safer, as well as to ensure more effective enforcement of the social rights of people living or working in another EU Member State.

Key takeaways from Hungary's draft wealth tax

Hungary plans to introduce an annual wealth tax already applicable for the tax year of 2026. The draft act, published on 6 October 2026, sets a 1% tax rate on net wealth above HUF 1 billion and 1.5% above HUF 100 billion, with a set of multiple valuation rules depending on the asset itself.

New experts have strengthened the KCG Partners team!

We are pleased to introduce our new senior attorney, Gábor Horváth, who actively contributes to our firm’s work and our shared successes with his expertise and dedication.

Cybersecurity requirements for VPN Products: New standardisation under the Cyber Resilience Act

The EU is taking steps towards more specific cybersecurity requirements for VPN products.

Europe’s EPR framework for the textile industry

The fashion industry’s textile waste is projected to rise by more than 40% by 2035, while less than 1% is currently recycled into new textiles. In response, the EU has introduced extended producer responsibility (‘EPR’) for textiles

New Regulatory Framework for Wind Energy Developments in Hungary

The regulatory framework for wind energy developments in Hungary has undergone significant changes.

EU countries renew push for windfall tax on oil companies

Six European Union Member States are intensifying their calls for an EU-wide windfall tax on oil companies, arguing that energy firms are generating exceptionally high profits amid the ongoing conflict in the Middle East.

Increased Transparency on the Ultimate Beneficial Owners of Private Equity Funds

On 25 August, it was announced that the Hungarian government intends to tighten and clarify the rules regarding the identification of the beneficial owners of venture capital funds and private equity funds.

Regulating by Complexity – Remuneration at State-Controlled Companies

In August 2026, a new government decree introduced new rules governing certain aspects of companies under significant state control. The regulation concerns, among other things, the composition and remuneration of boards of directors and supervisory boards, including the remuneration of their members and chairpersons, as well as the remuneration of executive employees.