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FOREIGN DIRECT INVESTMENTS IN HUNGARY – PART VI – FINES & REMEDIES

FOREIGN DIRECT INVESTMENTS IN HUNGARY – PART VI – FINES & REMEDIES

by ilf.admin | Dec 13, 2024 | Publications

What fines can be imposed if a foreign investor breaches the Hungarian General or Temporary Regime regulating the FDI screening procedures? What remedies are available to the foreign investor under the Regimes? In the last part of our FDI article series, we answer...
CYBERSECURITY: HUNGARIAN COMPANIES SHALL ENGAGE AN AUDITOR UNTIL 31 DECEMBER 2024

CYBERSECURITY: HUNGARIAN COMPANIES SHALL ENGAGE AN AUDITOR UNTIL 31 DECEMBER 2024

by ilf.admin | Dec 13, 2024 | Publications

Hungarian companies affected by the Cybersecurity Certification Act have only until 31 December to comply with their obligation to enter into an agreement with an auditor to conduct a cybersecurity audit. Read this short article to find out who shall engage an auditor...
FOREIGN DIRECT INVESTMENTS IN HUNGARY – PART VI – FINES & REMEDIES

FOREIGN DIRECT INVESTMENTS IN HUNGARY – PART V – GOVERNMENT ASSESMENT & DECISION UNDER THE FDI REGIMES

by ilf.admin | Dec 6, 2024 | Publications

How does the Hungarian Government assess the approval or prohibition of foreign direct investment in Hungary? What are the possible consequences of the Hungarian Government’s decisions on the foreign direct investment? In the 5th part of our series of articles,...
ACE IN THE HOLE: CAN A PURELY COMMERCIAL INTEREST BE LEGITIMATE UNDER THE GDPR?

ACE IN THE HOLE: CAN A PURELY COMMERCIAL INTEREST BE LEGITIMATE UNDER THE GDPR?

by ilf.admin | Dec 6, 2024 | Publications

Do controllers always have to ask for the consent of their clients to transmit their personal data to sponsors for advertising purposes? Can such an interest be regarded as legitimate interest in the sense of the GDPR? Or a legitimate interest can only be an interest...
CAN RES JUDICATA IMPAIR THE RIGHT TO FAIR TRIAL? – DECISION OF CJEU IN ENERGOTECHNICA

CAN RES JUDICATA IMPAIR THE RIGHT TO FAIR TRIAL? – DECISION OF CJEU IN ENERGOTECHNICA

by ilf.admin | Dec 3, 2024 | Publications

  Disallowing the re-litigation of closed cases, the principle of “res judicata” is one of the cornerstones of legal systems worldwide. But what if the national constitutional court interprets the principle such a broad manner, based on which the ruling of an...
FOREIGN DIRECT INVESTMENTS IN HUNGARY – PART VI – FINES & REMEDIES

FOREIGN DIRECT INVESTMENTS IN HUNGARY – PART IV – NOTIFICATION

by ilf.admin | Dec 3, 2024 | Publications

In the previous parts of this series of articles, we have described the cases in which a foreign investor, investing in Hungary, may be subject to a notification obligation under General and/or Temporary FDI screening regime. However, what should be included in such...
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