Administrative fines under the GDPR in Hungary

Hungarian businesses have the “sword of Damocles” hanging over their head as the new European data protection regulation (“GDPR”) is applicable as of 25 May 2018. Due to the fact that the majority of the Hungarian companies are micro-enterprises, the administrative burdens cause an impossible obstacle to them.

Guidelines on the administrative fines under the GDPR

From 25 May 2018 the GDPR will introduce a comprehensive reform of the data protection regulations all across Europe. The administrative fines are the central elements of the new enforcement regime, being a powerful tool in the hands of the supervisory authorities. The Article 29 Data Protection Working Party (“Working Party”) has adopted guidelines on the application and setting of administrative fines for the purposes of the GDPR (“Guidelines”) in the end of 2017.