Manufacturing

Recent Articles

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  17/06/2025

  Hungary

  Hungary adds criminal offences for sanctions violations and widens corporate criminal liability

  On 11 June 2025, the Hungarian parliament passed legislation widening the scope of corporate criminal liability as part of the transposition into Hungarian law of Directive 2024/1226 on the definition of criminal offences and penalties for the violation of EU restrictive measures. Most of these changes go beyond the scope of the Directive, however, and will apply to all criminal offences, not just violating sanctions. The following article is an overview of the most important provisions in this new legislation.Changes to the Criminal Code and the Code of Criminal ProcedureUnder the Hungarian Criminal...

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  13/06/2025

  Ukraine

  Ukraine’s new law on factoring enhances transparency and legal certainty

  On 3 June 2025, the Ukrainian parliament adopted the Law No. 12306 “On Factoring”. The law, which now awaits the President’s signature, is designed to enhance the regulatory framework governing factoring activities in Ukraine. One of its central goals is to implement the provisions of the UNIDROIT Model Law, which advocates for the harmonisation of international factoring regulations.Key objectives and innovationsPrior to the adoption of this law, there was no comprehensive regulation of factoring in Ukrainian legislation. The rules governing factoring were not systematised, and...

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  28/05/2025

  Europe

  European Commission proposes GDPR sim­pli­fic­a­tion for small mid-cap enterprises

  On 21 May 2025, the European Commission unveiled its long-awaited fourth Simplification Omnibus package, which targets the General Data Protection Regulation (GDPR), the EU’s flagship data-protection legislation. The Commission states that its aim is to reduce bureaucracy and create a regulatory environment that drives innovation, growth, quality jobs and investment.The following article outlines how the proposed GDPR simplification will achieve these objectives.GDPR simplificationArticle 30 of the GDPR states that each controller and processor must maintain a record of processing activities....

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  22/05/2025

  International

  EU anti-dumping investigation of Chinese Tyres

  On 21 May 2025, the EU opened an anti-dumping investigation concerning EU imports of certain pneumatic rubber tyres, originating in the People’s Republic of China, which could lead to substantial anti-dumping duties on future imports.The products under investigation for alleged dumping are new pneumatic tyres, of rubber, of a kind used: on motor cars (including station wagons and racing cars) and on buses or lorries with a load index not exceeding 121.The product under investigation is currently classified under the CN codes 4011 10 00 and 4011 20 10.Affected parties, including...

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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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  14/05/2025

  Hungary

  Hungary proposes elevating FDI regime adopted in state of emergency into law

  Hungary has introduced a bill to elevate emergency decrees adopted in response to the war in Ukraine into law.One of the bill’s key features is to transform Government Decree No. 561/2022 (XII. 23.) (FDI Decree), which governs Hungary’s foreign direct investment screening regime introduced during the state of emergency, into law. This would transform FDI requirements, initially adopted as interim measures, into law.According to the bill’s explanatory memorandum, maintaining the provisions of the FDI Decree is justified even after the end of the state of emergency in order to continue...

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