We would like to inform you about the application of the European Union Deforestation Regulation (EUDR – European Union Deforestation Regulation), which from 2026 will also become mandatory for small and medium-sized enterprises (SMEs).
Although the Regulation entered into force in 2023, the legislator granted SMEs a deferred application deadline, which will expire shortly. Key points in brief – for SMEs What is the objective of the EUDR? The purpose of the EUDR is to significantly reduce the European Union’s contribution to global deforestation and forest degradation, particularly through […]
Amendment to the Act on the Transfer of Agricultural Land, which entered into force on 24 December 2025 and materially reshapes the legal framework governing land use, in particular agricultural lease arrangements.
The change may have significant practical implications for agricultural businesses, investors, landowners, and companies using agricultural land. 1. The key change in brief Under the amendment, it no longer qualifies as a transfer of land use if the owner of agricultural landgrants the right to use the land to another agricultural producer under an agricultural […]
Amendment to the Hungarian Act on the Transfer of Agricultural Land, which entered into force on 24 December 2025 and materially reshapes the legal framework governing farmland use, in particular agricultural leases.
The amendment may have significant practical implications for agricultural businesses, investors, landowners and companies using agricultural land. 1. The key change in brief Under the amended rules, it no longer qualifies as an unlawful transfer of land use if the owner of agricultural landleases the land to another agricultural producer under a lease (usufructuary) agreement,irrespective […]
Hungary Relaxes Farmland Use Rules: A Structural Shift in Agricultural Leasing and Investment
On 24 December 2025, a significant amendment to the Hungarian Act on the Transfer of Agricultural Land entered into force, fundamentally reshaping the legal framework governing farmland use and agricultural leasing. While the ownership rules for agricultural land remain formally unchanged, the amendment introduces a paradigm shift in land use, with potentially far-reaching consequences for […]
Amendment to the Act on the Trade of Agricultural Land, which entered into force on 24 December 2025, fundamentally changes the legal framework for land use, particularly leasing.
The new regulation may have significant practical implications for agricultural enterprises, investors, landowners, and land-using companies. 1. Key Change in Brief Following the amendment, it is no longer considered an impermissible transfer of land use if the owner of agricultural land allows another agricultural producer to use the land under a lease agreement, regardless of […]
The MNB’s New Recommendation on the Transfer of Non-Performing Loans (NPLs) – 2025
On 31 July 2025, the Hungarian National Bank (MNB) published Recommendation No. 9/2025 (VII.31.) on the transfer of non-performing loan agreements (NPLs). While not legally binding, the Recommendation sets out supervisory expectations and best practices which the MNB will actively monitor as of 1 August 2025. The Recommendation closely relates to Act XII of 2025, […]
European Commission Provides Transitional Relief for First-Wave ESRS Reporting
On 11 July 2025, the European Commission adopted amendments to the European Sustainability Reporting Standards (ESRS), offering transitional relief for first-wave, large publicly listed companies. This development is significant, as these companies were not covered by the previous “stop-the-clock” measure, leaving them with full reporting obligations from the outset. Background The Corporate Sustainability Reporting Directive […]
Artificial Intelligence and Data Protection: Aligning Innovation with GDPR Principles
Artificial intelligence (AI) technologies are transforming multiple sectors, offering unprecedented opportunities for innovation and efficiency. At the same time, the General Data Protection Regulation (GDPR) provides a comprehensive legal framework to ensure that AI is deployed responsibly, respecting the rights of data subjects and promoting trust in emerging technologies. In response to the growing use […]
From Weekend House to Valuable Property: Changes in the Rules on Garden Plots in Hungary
By Katona & Partners Law Firm In summer 2024, the Hungarian legislature amended the Land Registry Act, introducing significant relief for owners of so-called garden plots (formerly zártkerti ingatlanok). While these plots have long been a peculiarity of the Hungarian real estate market, their legal status has often posed challenges for both owners and potential […]
NIS 2 in Hungary: A New Era of Cybersecurity Compliance
Following the far-reaching impact of GDPR and the growing importance of ESG, a new European acronym has entered the spotlight: NIS 2. The Directive (EU) 2022/2555 on measures for a high common level of cybersecurity across the Union (the “NIS 2 Directive”) was adopted with the aim of harmonising cybersecurity obligations throughout the EU. Hungary […]