Data Centres

Recent Articles

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  26/06/2025

  Hungary

  Hungary to implement new laws on registration and termination procedures of legal entities in 2027

  On 1 January 2027, Hungary will replace the current laws regulating the registration, supervision and termination of legal entities with new legislation. These new laws will streamline and centralise the registration and oversight of legal entities, introducing new procedures and mechanisms to ensure their increased level of compliance.Hungary’s parliament has just adopted two acts implementing these systematic changes, the most important elements of which are the following:Unified registration system: the registration of all legal entities (i.e. all types of business associations, the Hungarian...

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  25/06/2025

  England and Wales

  The energy cost of economic growth: UK Industrial Strategy and mitigating electricity challenges for key industries

  The climate for businesses located within the Great Britain electricity market that require large quantities of electricity to operate has been a challenging one in recent years.On 23 June 2025, the Department for Business and Trade published The UK’s Modern Industrial Strategy (“the Strategy”), a document which sets out its ten-year plan for encouraging investment in UK businesses in certain target sectors.Alongside the Strategy, the Government has published:a definitions list providing further detail on which kinds of business are considered to be included within these sectors...

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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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  18/06/2025

  Belgium

  Launch of new portal for data breach notification by the Belgian Data Protection Authority

  The Belgian Data Protection Authority (BDPA) has just launched a new portal for data breach notification, which went live on 10 June 2025 (see announcement in French or Dutch). This significant development aims to streamline the process of notifying data breaches in Belgium. We provide an overview of the key changes and requirements introduced by this new portal and offer practical guidance to ensure compliance.What are the key changes and requirements?The new portal consolidates the notification process, requiring data controllers to use a single platform for all data breach notifications. This...

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  21/05/2025

  Belgium

  The Con­sti­tu­tion­al Court facing its limits: how far can the un­con­sti­tu­tion­al be maintained?

  FR

  When the legislator crosses the red lineDespite repeated warnings, it is still the case that the legislator adopts tax laws that are contrary to the Constitution. Several years later, the Constitutional Court intervenes to correct the situation… by annulling the disputed provision.The problem: to avoid budgetary and administrative chaos, the Constitutional Court increasingly chooses to maintain the effects of the annulled law, sometimes even for taxes that have already been established. This legal sleight of hand leaves the door open for tax adjustments based on provisions that have nevertheless...

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  13/05/2025

  Belgium

  Taxation of Capital Gains on Financial Assets: New Leak from the Arizona Government?

  FR

  You might remember that the coalition agreement, known as the "Arizona agreement" which led to the formation of the new Belgian government, contained a comprehensive tax chapter, notably including the introduction of taxation of capital gains on financial assets.Already extensively discussed, commented on and detailed, we thought we knew the main points. However, a first draft of the text was widely leaked, first on social media (perhaps the trend of the moment...), before being picked up by the press.It must be noted that it brings its share of surprises, sometimes happy, more often less so.Below...

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