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  15/01/2025

  Chine

  2025 – Topics that may Concern You

  Companies doing business in China constantly have to deal with changes in regulations and new laws. This will also continue in 2025.Topics such as the new PRC Company Law, new PRC Tariff Law, PRC Regulations on Export Control of Dual-Use Items, network data security management, data transfer, opening up capital markets to foreign investment, and raise of statutory retirement age of employees etc. will continue to be a concern for many companies in China in 2025.Complying with regulatory requirements is one of the key challenges for foreign companies and investors in China, not only in terms of...

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  04/12/2024

  Hongrie

  Hungary to introduce new statistical clas­si­fi­ca­tion for economic activities on 1 January 2025

  As of 1 January 2025, a new version of the statistical industrial classification of activities (NACE’25) will replace the currently applicable classification system (NACE’08). The change was mandated by EU legislation, and as a result from 1 January 2025 economic activities pursued by Hungarian companies must be classified according to the new NACE’25.Hungary’s parliament has just adopted the act outlining the obligations of Hungarian companies regarding the upcoming changes to the activity-classification system specified below.Until 31 January 2025, the National Tax and...

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  14/10/2024

  United Kingdom

  Procurement Act go-live delayed to February 2025; but no hold-up in preparations for the new regime

  The six-month implementation period for entry into force of the new UK Procurement Act 2023 has been delayed a further four-months, with the new go-live date now being pushed back to 24 February 2025. This delay has not held up the Cabinet Office’s engagement with public sector and suppliers on the new features of the new Act, introducing the new Procurement Pathway for contracting authorities and engaging with suppliers on registering with the new Supplier Registration Service.Cabinet statement – reasons for delayThe new National Procurement Policy Statement (NPPS) issued in May before...

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  08/10/2024

  Belgium

  Les nouvelles règles de paiement dans les marchés publics s'appliquent également au secteur de la santé

  GB NL

  Les nouvelles règles de paiement (Arrêté royal du 12 août 2024) suppriment la distinction traditionnelle entre l’opération de vérification et l’opération de paiement ultérieure. À partir du 1er janvier 2025, un unique délai de traitement devient la norme. Les hôpitaux (et autres pouvoirs adjudicateurs actifs dans le secteur de la santé) seront soumis à un délai de traitement de 60 jours, qui peut être prolongé, le cas échéant, par une période de vérification...

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  02/10/2024

  Hongrie

  Hungary begins im­ple­men­ta­tion of EU AI Act with passage of Resolution

  The Hungarian government has issued Resolution 1301/2024. (IX. 30.), which establishes the foundation for creating the body responsible for implementing the tasks required by the EU AI Act. In issuing this resolution, Hungary has begun preparations for enforcing the regulation, which means that companies should now prepare for compliance by reviewing the AI systems they use, assessing these systems' alignment with the EU AI Act's requirements, and preparing the necessary risk management documentation to ensure transparency, accountability, and safety.Hungary’s new enforcement body will:Operate...

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  22/08/2024

  Bulgarie

  Bulgaria opens EU-funded 3000 MWh stand-alone battery storage facility tender

  On 21 August 2024, the Bulgarian Ministry of Energy opened a tender procedure for National infrastructure for storage of renewable energy (RESTORE) for granting stand-alone battery energy storage system (BESS) tender funded under the EU’s Recovery Resilience Facility (the “Procedure”).The deadline for submitting applications will be 17:00 on 21 November 2024. Bids must be submitted electronically only.The Procedure aims to provide funding for the construction and implementation of at leasta 3000 MWh stand-alone battery storage facility. The total amount of the grant that can be...

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