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How EU energy efficiency rules impact the construction permit process in Romania
As Environmental, Social and Governance (ESG) standards continue to dominate business conversations, the European Union (EU) drives the momentum by placing the ‘energy efficiency first’ principle at the heart of its energy policy. These efforts further aim to enhance governance, transparency and strengthen the link between climate change mitigation and environmental protection measures. A significant […]...
Mental health in the workplace: CEE & SEE snapshot
Mental health is quite a sensitive and complex issue from an employment law perspective. There isn’t always a clear “yes” or “no” or “right” or “wrong” answer and no one single procedure or method applies universally when dealing with such sensitive matters. This is further complicated by the need for input from various professionals, including […]...
Hungary chapter in Lexology In-Depth: executive remuneration
Explore the latest insights on executive remuneration in Hungary with the 13th edition of Lexology In-Depth. This global overview covers key legal areas influencing executive pay, including tax, employment and corporate law. Authored by Barnabás Buzási, Gergely Szaloki, János Pásztor, Bence Kalman and Viktoria Horvath, the Hungary chapter examines the definition of an executive under […]...
Collision of foreign retention of title with Hungarian asset pledge: Important legal information for export-import companies
In export-import trade transactions across Europe, sellers commonly protect their assets by retaining the title of ownership until the buyer has paid the full purchase price. Retention of title allows sellers to reclaim the assets in case of non-payment or the buyer’s bankruptcy before full payment. However, in Hungary, such an arrangement can present unexpected […]...
Whistleblowing Directive Tracker
COUNTRY-LEVEL UPDATES ON IMPLEMENTATION STATUS Once implemented into national law, the EU’s Whistleblowing Directive (2019/1837/EU) is expected to have a significant impact on the policies and processes of companies related to employment relationships, data privacy and processing safeguards. This means that businesses will need to review and adjust their compliance procedures. The Directive allows for […]...
Data Access for AI Systems
Data access rules as the backbone of AI The use of artificial intelligence (AI) is already bringing about fundamental changes. The backbone for the development of these systems is large amounts of data needed to train AI models and derive “intelligence” from them. However, the full potential of the immense volume of data that is […]...
Preparing for the Future: Romania’s National AI Strategy and the EU AI Act
Last week was full of exciting news in relation to AI in Romania. First, the long-awaited AI Act was published in the EU’s Official Journal on 12 July, becoming Regulation (EU) 2024/1689. The AI Act is an essential part of the EU’s extensive digital strategy, alongside the Digital Services Act and the Digital Markets Act. […]...
Hungary Chapter in The Legal 500: Project Finance Comparative Guide
The aim of the 2nd edition of The Legal 500: Project Finance Comparative Guide is to provide readers with a pragmatic overview of the law and practice of project finance law across a variety of jurisdictions including Hungary. Each chapter of this guide provides information about the current issues affecting project finance in a particular […]...
New Category of Pre-emptors Involved in the Purchase of Extra Muros Farmland?
A recent legislative amendment to Law no. 17/2014, concerning certain measures regulating the sale of extra muros agricultural land, which also amends Law no. 268/2001 on the privatisation of companies managing public and private state-owned agricultural land and the establishment of the State Domains Agency (“Law 17”), has been proposed in the Romanian Senate. This […]...
Romanian Parliament lends a helping hand to local authorities in the field of urbanism
The Romanian Parliament has recently passed a new piece of legislation (“Law 124/2024”) allowing local authorities to extend until 31 December 2026 the validity term of the general urbanism plans (in Romanian: “planuri de urbanism generale” or “PUG”), which were drawn up and approved before 2003. Law 124/2024 entered into force on 10 May 2024 […]...
Navigating scarcity: solutions for medicine shortages in the EU, Central and Eastern Europe
Medicine shortages have become a troubling issue across the world, and Europe is no exception. A number of factors contribute to such shortages, ranging from economic and regulatory challenges to global market dynamics. The main reasons include manufacturing issues, regulatory hurdles, concerns over profitability and high rates of competition, quality issues and changes in demand. […]...
Representative Actions Directive Tracker
To date, collective redress has been regulated differently among EU-Member States. In particular, a uniform and efficient enforcement of collective consumer interests has hardly been possible within the EU. The Directive (EU) 2020/1828 on “representative actions for the protection of the collective interests of consumers” (“Representative Actions Directive“), which is part of the EU-commissions’ so-called […]...