Related articles

• Finance

  MNB publishes amended debt-to-income rules

  

  The National Bank of Hungary (MNB) will tighten its debt-to-income (DTI) ratio rules for mortgage loans to help reduce householdsʼ exposure to interest rate risk, according to the respective central bank decree published in Tuesdayʼs edition of official gazette Magyar Közlöny.   

   Thu, Aug. 23, 2018, 11:06

  • mnb
  • central bank
  • debt-to-income
  • regulation
  • mortgage loan
• Analysis

  EU regulation boosts Hungarian data roaming usage

  

  According to research by Telenor, data usage by Hungarians while visiting other European countries has grown exponentially since the introduction of the European Union’s “Roam Like at Home” regulation.

   Thu, July 12, 2018, 10:30

  • EU
  • data roaming
  • internet
  • Telenor
  • regulation
• News

  Government softens GDPR regulation for SMEs

  

  The government has submitted an amendment to the law on informational self-determination and freedom of information which stipulates that small and medium-sized enterprises (SMEs) would be warned before being sanctioned for non-conformance.

   Thu, May 31, 2018, 10:54

  • gdpr
  • sme
  • regulation
  • eu
  • data protection
• Business

  LMP’s Ungár makes offer for Magyar Nemzet

  

  As the last edition of daily newspaper Magyar Nemzet rolled off the presses today in the wake of the shock announcement of the paperʼs closure, Péter Ungár, a newly elected MP of opposition party LMP, confirmed that he has made an offer for the paper, as well as for similarly affected magazine Heti Válasz and radio station Lánchíd.

   Wed, Apr. 11, 2018, 11:21

  • ungar
  • magyar nemzet
  • heti valasz
  • lanchid radio
• Business

  Ford calls for stricter regulation of used car sales

  

  New motor vehicle sales have been picking up dynamically in Hungary, with Ford keeping its supremacy on nearly all fronts. The company says numbers would be far more impressive, however, if legislation were used to cut mass imports of units of obsolete technology.

   Wed, Jan. 17, 2018, 08:15

  • Ford
  • sales
  • used cars
  • regulation
  • Szamosi
• Whatson

  AmCham seminar looks at cutting GDPR prep and costs

  

  AmCham Hungary’s first morning seminar of the New Year will look at the fundamentals of the new General Data Protection Regulation (GDPR), its effects on the existing technology landscape of organizations, and how to address challenges with data analytics.

   Fri, Dec. 15, 2017, 08:00

  • gdpr
  • data protection
  • eu
  • regulation
• Finance

  Basel IV to bring changes to bank structures

  

  The Basel Committee on Banking Supervision (BCBS) has released its Basel IV recommendations, under which simpler or standardized models will be emphasized over the use of banks’ own internal models to calculate risk-weighted assets (RWA). Some European banks will have to consider increasing capital reserves to equal 10-15% of RWA.

   Tue, Dec. 12, 2017, 09:12

  • basel iv
  • banks
  • structure
  • regulation
  • reserves
  • rwa
• Analysis

  Service sector most impacted by legislation in CEE

  

  According to research on more than 1,000 passed bills in six Central and Eastern European countries, the most regulated industry is the service sector. Previously, the finance sector was the most regulated, says a press release sent to the Budapest Business Journal.

   Thu, Dec. 7, 2017, 06:48

  • services
  • legislation
  • finance
  • report
  • regulation
  • grayling
• Analysis

  Failing to comply with new rules could bring HUF 20 mln fine

  

  Under a new legislation that took effect in May and requires new reporting requirements for the transfer prices of multinational firms operating in Hungary, a fine of up to HUF 20 million can be issued to companies that do not comply with the new rule, Grant Thornton Hungary warns in a press statement sent to the Budapest Business Journal.

   Fri, July 21, 2017, 10:59

  • grant thornton
  • reporting regulations
  • multinational companies
  • transfer pricing
  • Nav
• Business

  National Institute of Oncology upgrades radiotherapy

  

  The National Institute of Oncology in Budapest, the largest comprehensive cancer center in Hungary, is upgrading its treatment machines with advanced linear accelerators from Varian Medical Systems, according to a press statement sent to the Budapest Business Journal today.

   Mon, Mar. 13, 2017, 13:23

  • national institute of oncology
  • cancer
  • treatment
  • radiotherapy
  • upgrade