Omnibus Regulation: Significant Easing Expected in ESG Reporting Requirements

The European Commission has issued the so-called Omnibus Regulation, which significantly amends previous EU legislation governing ESG (Environmental, Social, and Governance) reporting obligations, including the EU Taxonomy Regulation. The aim of the new regulation is to reduce administrative burdens and simplify compliance, which will have an impact on businesses across the European Union, including in Hungary.

Can a Parent Company Be Held Liable for the Legal Violations of Its Subsidiary?

A ruling issued by the Court of Justice of the European Union on February 13, 2025, in the case involving Heineken and its Greek subsidiary, Athenian Brewery, marks a significant milestone in the application of EU competition law—particularly regarding corporate group liability and the determination of the appropriate jurisdiction for legal proceedings.

Freedom of Court Selection in the EU: A New Era in Dispute Resolution

According to the judgment in the Inkreal case, even two parties operating within the same Member State may agree to settle their legal disputes before the courts of another Member State, even if their contractual relationship contains no other international element. This means that Hungarian businesses may litigate before foreign courts while still applying Hungarian substantive law.

Limitations of Automated Credit Assessment Procedures – Lessons from a Recent Court Decision

The decision of the Court of Justice of the European Union confirmed that if a bank or other financial service provider rejects a loan application solely based on an automated decision-making system, the customer has the right to receive a detailed explanation of the reasons behind the decision.

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A full-day conference on employment was organised by HR Portal and KRS Attorneys-at-Law on 24 May 2016 at the Glass Hall of MÜPA (Palace of Arts) in Budapest. The most leading experts in all areas of employment made presentations and also answered to the questions of the audience.