pc
nid 92782
May 27, 2026
tojuri@vixio.com
Hungary
Government of Hungary
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1234 charsHungary's Government Publishes Draft Amendments to Financial Sector Legislation for Harmonization
On May 26, 2026, the Government of Hungary published draft amendments to multiple laws affecting the financial sector, aimed at legal harmonization. The Ministry of Finance released the proposed modifications for public consultation.
The draft amendments address various aspects of financial sector regulation to ensure alignment with applicable legal frameworks. The government has made available supporting documentation including a content summary, normative text, justification, and impact assessment to facilitate stakeholder review and understanding of the proposed changes.
The consultation period runs until June 2, 2026. Stakeholders and interested parties are invited to submit comments and observations on the draft amendments to kozigazgatasiegyeztetes@ngm.gov.hu. The government requests that submissions include the subject line identifying the specific legislation being commented upon to facilitate processing of responses.
REFERENCES:
Government of Hungary, Ministry of Finance. "Egyes pénzügyi szektort érintő törvények jogharmonizációs célú módosításáról" [Draft Amendments to Laws Affecting the Financial Sector for Harmonization Purposes]. Accessed May 26, 2026. Available at: https://kozigazgatas.kormany.hu/
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1144 charsHungary's Government Publishes Draft Amendments to Financial Sector Legislation for Harmonisation
On May 26, 2026, the Hungarian government published draft amendments to multiple laws affecting the financial sector, aimed at legal harmonisation, for public consultation. The draft amendments address various aspects of financial sector regulation to ensure alignment with applicable legal frameworks.
Proposed amendments have been made to:
Act CXX of 2002 on the Capital Market.
Act CXXXVIII of 2007 on Investment Firms and Commodity Exchange Service Providers.
Act LXXXV of 2009 on the Provision of Payment Services.
Act CLXII of 2009 on Consumer Credit
Act CCXXXVII of 2013 on Credit Institutions and Financial Enterprises.
Act XVI of 2014 on Collective Investment Schemes and their Managers.
Act XII of 2025 on Servicers of Non-Performing Loan Agreements and Purchasers of Non-Performing Loan Agreements.
Stakeholders and interested parties are invited to submit comments and observations on the draft amendments to kozigazgatasiegyeztetes@ngm.gov.hu by June 2, 2026. The government requests that submissions include the subject line identifying the specific legislation being commented upon to facilitate processing of responses.