Recent Articles

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  25/06/2025

  Hungary

  Hungary amends FDI regime by adjusting deadlines and extending the scope of preemption rights

  The amendment extends the deadline provided to the Hungarian minister of domestic economy for the examination of transactions falling within the scope of the FDI Decree from 30 business days to 45 business days starting from the date of notification. This deadline may be further prolonged three times by 30 business days if the minister deems it necessary for the clarification of the transaction’s facts ahead of its decision on acknowledgement or prohibition of the transaction.In addition, if the minister prohibits a notified transaction, Hungary can exercise the right of pre-emption over...

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  25/06/2025

  Hungary

  Hungary extends regulatory framework to cover exempt investment funds and managers

  On 27 June 2025, Hungary’s recently passed amendments to Act XVI of 2014 on Collective Investment Trusts and Their Managers and on the Amendment of Financial Regulations will come into force. These changes expand the supervisory powers of the National Bank of Hungary (NBH) by bringing certain investment funds, previously exempt from oversight, under its regulatory supervision.The amendments ensure that individuals holding qualifying interests in the managers of private investment funds are subject to licensing requirements, which will allow the NBH to monitor and oversee these owners effectively.For...

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  25/06/2025

  England and Wales

  “A Matter of Life and Death”: Assisted dying bill clears the commons

  BackgroundIn a historic vote on 20 June 2025, the Terminally Ill Adults (End of Life) Bill (the ‘Bill’) has passed its Third Reading in the House of Commons. The controversial Bill, which seeks to legalise assisted dying in England and Wales, has been met with increased criticism and debate as it has progressed through the Commons. In Friday’s vote, it narrowly passed by a margin of 23 votes, compared to 55 votes at the Second Reading, with 24 MPs changing their stance to oppose the Bill. Similarly, 21 MPs who previously voted chose to abstain this time, indicating waning confidence...

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  24/06/2025

  United Kingdom

  New post-market medical device surveillance regulations take effect in Great Britain

  Medical device manufacturers with products on the market in Great Britain now need to actively track and assess the safety and performance of their products after they have been released to the market. The Medicines and Healthcare products Regulatory Agency’s (MHRA) has confirmed that new Post-Market Surveillance Regulations (PMS Regulations) are now in force following a six-month implementation period.The PMS Regulations took effect on 16 June 2025, and apply to medical devices, including in vitro diagnostic (IVD) devices and active implantable medical devices. The PMS Regulations apply...

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  24/06/2025

  Poland

  Poland to adopt new rules for FDI screening – proposed changes expected in July 2025

  Poland is preparing to make its temporary foreign direct investment (FDI) screening regime permanent. A draft amendment to the law, presented by the Ministry of Development and Technology, proposes that the new rules would enter into force on 24 July 2025 – the date when the current temporary regime is set to expire.Under the draft, the authority responsible for conducting the proceedings will change: the Minister responsible for economic affairs (that is now the Ministry of Development and Technology) will assume authority, replacing the President of Polish Office of Competition and Consumer...

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  24/06/2025

  United Kingdom

  New Data (Use and Access) Act 2025 introduces significant changes to data law in the UK

  On 19 June 2025, the Data (Use and Access) Act (the “DUA Act”) received Royal Asset.  The DUA Act is intended by the UK government to enhance the UK’s digital strategy and unlock the use of data, harnessing its capabilities to boost public services and contribute to the UK economy.The Data (Use and Access) Bill was first introduced to Parliament on 23 October 2024, and was the third iteration of data reform put forward by successive governments.  Despite the DUA Bill including many of the same reforms set out in its previous iteration (the Data Protection and Digital...

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