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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

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

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

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

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

By Katona & Partners Law Firm In today’s competitive marketplace, innovation and product differentiation are crucial drivers of business success. Yet, even the most innovative companies face a common challenge: competitors copying their products. Unauthorized replication—whether of the product itself, its packaging, or digital design—can erode market share, dilute brand

By Dr. Géza Katona, LL.M., Katona & Partners Law Firm Introduction Trademarks are among the most valuable intangible assets of any business. They embody reputation, consumer trust, and competitive distinctiveness. Yet the risk of trademark infringement—whether through imitation, counterfeiting, or unfair competition—remains significant. Companies operating in Hungary and the wider

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

From 22 August 2025, the Hungarian Civil Code will introduce new provisions on faulty performance that extend consumer protection rules to certain micro, small, and medium-sized enterprises (SMEs). The amendment is part of Act LXVII of 2025, aimed at strengthening fair competition, preventing abuse of market power, and protecting smaller