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On 31 July 2025, the National Bank of Hungary (NBH/MNB) published Recommendation 9/2025 (VII.31.) on the transfer of non-performing loan (NPL) agreements. Although not a binding regulation, the Recommendation outlines the NBH’s supervisory expectations and good practices, which it will actively monitor from 1 August 2025. This development is closely

By Dr. Géza Katona, LL.M., Katona & Partners Law Firm Introduction Health claims on foods and dietary supplements are crucial to consumers, shaping purchasing decisions and perceptions of product benefits. However, such claims are strictly regulated under European Union law to ensure that marketing communications are truthful, scientifically substantiated, and

By Dr. Géza Katona, LL.M. – Katona & Partners Law Firm Food marketing and labeling are highly regulated areas within the European Union, reflecting the need to protect consumers from misleading or unfounded claims, while allowing transparent and scientifically substantiated communication of product benefits. For manufacturers and distributors, understanding the

By Katona & Partners Law Firm 1. Introduction The marketing of dietary supplements and other food products is subject to one of the most complex and stringent legal frameworks in the European Union. These rules are not limited to traditional advertising in print or broadcast media; they extend to all

By Katona & Partners Law Firm 1. Introduction – Why Outward Processing Matters for EU Businesses For internationally active companies, manufacturing no longer follows purely domestic or regional boundaries. Businesses seek cost efficiency, access to specialised expertise, and the ability to respond quickly to market demands.However, cross-border production raises complex

By Katona & Partners Law Firm Effective as of 24 June 2025, a newly issued government decree (Government Decree No. 163/2025. (VI.23.)) has significantly amended the Hungarian foreign direct investment (FDI) screening regime. This amendment introduces a general right of pre-emption for the Hungarian state in all notifiable foreign corporate acquisitions

By Katona and Partners Law Firm | Katona és Társai Ügyvédi TársulásBudapest, Hungary | July 2025 1. Overview As part of the 2025 tax package adopted in June 2025, Hungary has introduced new anti-abuse rules aimed at dividend income and cross-border holding structures used by private individuals. The changes target

By Katona & Partners Law Firm Effective Date: July 2025 Jurisdiction: Hungary Practice Areas: Regulatory Compliance, Anti-Money Laundering (AML), Civil Society, Cryptocurrency, Public Law — 1. Introduction In a recent wave of regulatory developments, the Hungarian government has introduced two significant measures that – although ostensibly distinct – may jointly

New Tax Rules from 2025: How the Latest Tax Package Affects Wealth Transfers and Foundation Structures On June 19, 2025, Act LIV of 2025 was adopted, making numerous amendments to tax obligations and tax laws, particularly focusing on the taxation of wealth transfers and wealth management foundations. Below, our office