Complying with its EU harmonization obligation, Hungary mandates application of electronic communication in public procurement procedures.
Originally, compulsory electronic communication would have been introduced as of December 31, 2017, but the Parliament passed a law on November 28, 2017, which postponed the application of compulsory...
The date of application – May 25, 2018 – of Regulation (EU) 2016/679 of the European Parliament and of the Council, i.e., the new General Data Protection Regulation (the GDPR) of the EU is nearing. By that date every company that deals in any way or role with personal data management and processing must fully comply with the...
As of November 20, 2017, the National Institute for Pharmacy and Nutrition (“OGYÉI”) has amended the notification of food supplements, baby formulas and special medical purpose nutrition supplements. According to the OGYEI Director General, these changes were due to shorten the length of the notification proceedings and reduce the...
Act LX of 2017 on Arbitration (“Act”) shall come into force on January 1, 2018. The Act will replace the previous arbitration act that was adopted in 1994.
The Act delegates all commercial cases handling by the permanent court of arbitration in Hungary to the competence of the Court of Arbitration attached to the Hungarian Chamber of...