New Act on Non-Judicial Civil Proceedings

The Hungarian Parliament adopted a new act on non-judicial civil proceedings on 12 October 2017. The purpose of this act is to determine the rules that apply to all non-judicial civil proceedings before the courts, provided that the law governing the proceeding in question does not regulate otherwise, and the main goal is to regulate these proceedings in a more appropriate and transparent way.

Presentation of KCG Partners on the conference of the Hungarian-French Chamber of Commerce

The conference „La Hongrie pratique”, organised by the Hungarian-French Chamber of Commerce and Industry was held on 25 September 2017. The purpose of this event was to assist the integration of French and francophone employees, job seekers and entrepreneurs upon their arrival in Hungary. The conference was opened by the speech of Mr. Éric Fournier, the French Ambassador to Hungary.

Need of proving: new institution in the civil procedure from 1 January 2018

According to the current Hungarian Code of Civil Procedure, if the party having the burden of proof cannot prove its statement, it loses the lawsuit based on the judgement of the court. The new Code of Civil Procedure entering into force on 1 January 2018 will implement a significant change in this respect, since the statement of a party being in the need of proving will be considered as true if the court has no doubt in this regard.

Conformity amendments on the Information Act

After four years of preparation, the General Data Protection Regulation (“GDPR”) was finally approved by the EU Parliament and will be applicable in all Member States two years after entering in force on 25 May 2018. The GDPR was designed to harmonize data protection laws across Europe and as a regulation, its provisions will be directly applicable, meaning that the Member States are not required to adopt implementing provisions.

New regulations on real estate registration seems inevitable

A new bill on the real estate registration is on the horizon of the Hungarian Parliament. According to the Hungarian Government, the reason of the new act is that the regulations on the real estate registration shall comply with the new Hungarian General Administrative Procedural Act and the current Act on Real Estate Registration does not fit this purpose.