INTERNAL ABUSE REPORTING SYSTEMS - WHISTLEBLOWING AGAIN
The deadline is approaching for all companies with at least 50 employees to set up a whistleblowing system.
Although the Parliament adopted a new law on complaints, whistleblowing and abuse reporting rules on 23...
Prof. Ferenc Krausz Nobel Prize winner
Congratulations to Prof. Ferenc Krausz on the Nobel Prize in Physics! We are very pleased to be able to provide legal support for his research in Hungary.
Why make a home office policy?
During the waves of pandemic and also in the periods between two waves many employees work in hybrid arrangements. The question often arises for our corporate partners: should we...
COVID 19 pandemic - new teleworking rules
As of 4 November 2020 the Government declared the state of emergency second time this year as a result of the second wave of the COVID 19 pandemic. Due to the emergency situation the...
Change of lock down restrictions
The Government partially released its restrictive measures (Government Decree no. 71/2020 (III.27.)) in its new Governmental Decree no. 168/2020. (IV. 30.). The most important provision of the new decree is that it maintains the...
New opportunity for employers – applying a working timeframe up to 24 months
By the Governmental Decree no. 104/2020.(IV.10.) the Hungarian Government created an opportunity for the employers to differ from the general provisions of the Labour Code and so to apply a working timeframe up to...
Wage subsidy for reduced work time
In accordance with the previous statements the Government decided on the introduction of a wage subsidy program . The Government provides the subsidy if the employer and the employee can...
Shareholders’ and board meetings during the ’state of danger’
In order to mitigate the consequences of the COVID-19 pandemic the Hungarian Government declared a ‘state of danger’ which allows the Government to derogate from the provisions of certain Acts of Parliament by adopting...
Coronavirus emergency - force majeure in business relations
As it was underlined by academics and other legal professionals at the time when the new Hungarian Civil Code was introduced back in 2014, the general concept of contractual liability had become severer. Before...
Coronavirus at the workplace - pandemic plan and GDPR
The special legal order, state of emergency, has been declared in Hungary because of the coronavirus. The state of emergency does not affect the employment relationships directly, however, that does not mean that employers...
Coronavirus and quarantine – labour law challenges
As the coronavirus and quarantines are spreading in Europe more and more employers and employees ask the question: how can we minimize the risk of infection by the instruments of the labour law? To...
The ’single digital gateway’ introduced
The European Parliament and the European Council has accepted a regulation on the single digital gateway (European single-entry point) aiming to provide better online access information and procedures to individuals and companies.
The primary goal...
Formal requirements in civil court procedures - developing practice
Due to the latest resolutions of courts of appeal the strictly formal approach of first instance courts in civil law cases is changing. As it is known, first instance courts rejected an unprecedented number...
Immediate judicial injunctions in administrative proceedings
By virtue of the provisions of the new Civil Procedure Act applicants may ask for interim measures from the court in civil court procedures not only after submission of the statements of claim but...
GDPR - new data protection measures
By virtue of the General Data Protection Regulation (GDPR) the rules on data protection will change significantly as of 25th of May, 2018.
Although there is still some time to comply with the GDPR and...
Hungarian VAT laws overruled - no VAT payment obligation in case of late submission of CMR/delivery notes
Successful representation in a tax litigation procedure before Budapest-Capital Regional Court resulted dismissal of VAT imposed on client. Our client, engaged in the automobile industry, stored its products in tax warehouses and thereafter sold...
The Central Register of the Beneficial Owners
In accordance with the directive of the European Parliament and of the Council on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, the Hungarian...
Information update: Company Gateway registration
After 1 January, 2018 every Hungarian company must be able to communicate with Hungarian authorities electronically, therefore, companies are required to register for official electronic communication through "Company Gateway”, a free, mandatory state-run electronic platform at...
Searching and checking registered company data in the EU became easier
A new platform the ‘Business Registers Interconnection System’ (BRIS) was implemented by the European Commission aiming to connect different business registers of the EU member states (and EEA countries) in order to simplify the...
ICLG Private Equity 2016
Global Legal Group published in 2016 The International Comparative Legal Guide series the comparative guide to private equity for the second time. This is a practical cross-border inside into private equity.
Contributors came from 25...
Labor rights in change
As a result of legislation amendment certain provisions of the Labour Code have been changed this summer. The new rules which have already come into effect relates various matters including the detailed rules on...
Summer in the City
Although summer is considered off-season in many business areas, this summer we had the opportunity to advise one of our clients in a major downtown transaction.
Our clients being significant Irish real estate developers purchased...
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