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Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Cannabis for Medical Use: CEE Regulatory Update

June 2019 – A growing number of countries around the world are gradually legalising the use of cannabis for medical purposes.
It can be said that governments are now generally taking a more liberal approach to this product, which could significantly...

Payment card acceptance in Hungary

May 2019 – The Hungarian Competition Authority ("HCA") has published its draft sector inquiry report on payment card acceptance in Hungary.
The payment industry, in particular interchange fees, has long been the subject of significant scrutiny...

Foundation trusts set for introduction in Hungary

April 2019 – The Hungarian Parliament passed the Act on Foundation Trusts on 5 March 2019. This legal concept has had a long and successful history in German-speaking countries. The main purpose of lawmakers in introducing this concept is to provide...

Significant interest and activity in the Hungarian start-up ecosystem

February 2018 – The last 18 months have seen significant interest and activity in the Hungarian start-up ecosystem.
In addition to the continued efforts of a number of market players active in venture capital investments, the added emphasis given...

Cybercrime: The road begins in Hungary

December 2017 – Each year hundreds of billions of dollars are lost by companies due to cybercrimes committed by criminals. These attacks vary from sophisticated hacking to primitive fraud attempts.
However, with the right preparation and countermeasures...

New procedural rules for the 21st century, in Hungary

December 2017 – The Hungarian Parliament has recently adopted three new procedural laws: Act CXXX of 2016 on the Code of Civil Procedure (“CCP”), Act I of 2017 on the Code of Administrative Litigation (“CAL”), and Act CL of 2016 on Administrative...

IP challenges for Hungarian startups

August 2017 – Our IP team in Budapest moderated a panel discussion as part of Startup Safary Budapest 2017, which included sharing insight on the start-up ecosystem and trend for 2017 in Hungary.
While Startup founders are becoming increasingly...

Hungarian Competition Authority withdraws two prior clearances this year because of incorrect information provided by the applicant

May 2017 – The Hungarian competition authority, the Gazdasági Versenyhivatal (“GVH”), has announced in a press release that it withdrew clearance granted for a transaction earlier this year because of the provision of incorrect data by the applicant....

Regulation of crowdfunding in the Czech Republic, Hungary and Slovakia

March 2017 – Kinstellar has authored the updated chapters for the Czech Republic, Hungary and Slovakia of a report on crowdfunding published by the European Crowdfunding Network (ENC). The work, Review of Crowdfunding Regulation. Interpretations of...

Transparency International 2016 Corruption Perception Index – How are CEE, CIS and the Balkans doing?

February 2017 – Transparency International (“TI”) has recently published its Corruption Perceptions Index (“CPI”) for 2016, which surveys 176 countries and territories. Scores range from 0 (highly corrupt) to 100 (very clean). The index is...