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On our blog, you’ll find expert articles, practical advice and breaking news to help you navigate the world of law and finance. Whether it’s updates on tax law, property law issues or current business topics, you’ll find the most important information here.
Abuse of Rights in Labor Law
As of January 1, 2023, the Hungarian Labor Code (Mt.) implemented two key EU directives that primarily focus on improving the work-life balance and creating more transparent and predictable working conditions against Abuse of Rights. The legislator, in expanding the objectives outlined by the EU, also amended the rules of
Bill for the Protection of Small Towns
Recently, Tibor Navracsics, Minister for Administration and Regional Development, presented an extraordinary bill aimed at Protection of Small Towns. The bill seeks to preserve the identity, community, and economic stability of rural settlements against real estate speculation. Key Measures of the Bill for Protection of Small Towns The bill includes
New Rules for Approving the Change of Use of Real Estate
From the questions of our clients, we can already clearly see that the new rules coming into force on January 1, 2024, regarding the approval of Change of Use of Real Estate will have a more significant impact on the construction permit process than was initially expected. Although the new
The GVH ‘Delayed’ – Can the Authority Be Sanctioned If It Exceeds the Processing Deadline?
Introduction: The GVH’s Processing Deadlines and Sanctions The activities and procedures of the Competition Authority (GVH) are regulated by competition law, which defines the legal status of the authority, its procedures, and processing deadlines. These deadlines determine the time within which the GVH must complete various procedures: for example, cases
Global Minimum Tax Compliance: What You Need to Know
Understanding the Global Minimum Tax Due to changing tax regulations, companies must prepare for new obligations – delays may result in serious financial consequences. Who is Affected? If your company is affected, you need to act now! If your corporate group meets the following conditions, your company is also affected
Changes to the GDPR Standard Model Clause (SCC) and Data Transfer Rules
Introduction: The New SCC and Their Impact on CompaniesThe 2021-issued EU GDPR Standard Model Clause (SCC) affects many companies, as any company transferring personal data to third countries outside the EU must re-enter its data transfer agreements. These rules apply to both data controllers and data processors. SMEs and Legal
Mandatory Information on Manufacturer’s Warranty: The Decision of the European Court of Justice
According to the decision of the European Court of Justice, traders are required to inform consumers about the manufacturer’s warranty before concluding a contract. This ruling, issued in case C-179/21, plays a particularly important role in protecting consumer rights, as it clearly defines the obligations of traders who sell products
The European Union’s New Consumer Protection Guidelines and Online Shopping Regulations: What Merchants Need to Know
The popularity of online shopping has rapidly increased in recent years, so lawmakers must continuously adapt to new market challenges. The European Union has recently introduced new regulations that will significantly affect the operation of online stores. The new Consumer Protection Omnibus Directive aims to create a clearer and fairer
ESG: The New Regulation and Its Importance for Companies in the European Union
ESG (Environmental, Social, Governance) is gaining increasing attention in investor circles, and the English term refers to environmental, social, and governance aspects. The aim is to consider not only the financial performance of companies but also their environmental, social, and governance policies and activities. ESG now plays a key role
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