Consumer Products - FMCG

Recent Articles

•  

  14/05/2024

  Hungary

  EU introduces criminal offences and penalties for sanctions violations

  Criminal offencesUnder the Directive, the following conduct constitutes a criminal offence when committed intentionally and in violation of restrictive measures or a national provision implementing restrictive measures:making funds or economic resources available directly or indirectly to, or for the benefit of, a designated person, entity or body;failing to freeze funds or economic resources belonging to or owned, held or controlled by a designated person, entity or body;enabling designated natural persons to enter into, or transit through, the territory of a EU member state;entering into or continuing...

  Read more
•  

  13/05/2024

  Hungary

  UK's Accession to the 2019 Hague Convention to ensure enforcement of UK court judgments

  In January 2024, the UK acceded to the 2019 Hague Convention, which unequivocally permits the enforcement of UK court judgments, regardless of whether a jurisdiction clause is exclusive/symmetrical.The UK’s accession to the 2019 Hague Convention brings clarity and certainty regarding certain types of jurisdiction clauses and the enforcement of UK court judgments in other countries in the aftermath of the UK’s departure from the EU in 2020.As a reminder, prior to BREXIT on 31 December 2020, the UK through its EU membership was party to the Lugano Convention, which facilitated the enforcement...

  Read more
•  

  06/05/2024

  Hungary

  Hungary passes legislation to expand scope of consumer protection provisions

  The following article summarises the main obligations contained in these legislative updates.Amendment of statutory warranty periods in case of certain non-perishable consumer goodsGovernment Decree No. 151/2003. (IX. 22.) on the Statutory Warranty for Certain Non-Perishable Consumer Goods currently prescribes one-, two- and three-year warranty periods, depending on the sales price of the specific goods. By passing Government Decree No. 93/2024. (IV. 23.) on the Amendment of Government Decrees Related to Consumer Protection, the government made the following changes to statutory warranty periods:Two-year...

  Read more
•  

  29/04/2024

  International

  On your radar | Key employment issues to be aware of internationally

  We are delighted to share with you our latest and largest edition of On Your Radar, with contributions from 35 countries. As ever, you will find employment law updates covering a diverse range of topical developments, for example:Several countries report changes to their rules on hiring foreign workers – Hungary, Serbia and Romania.Belgium explains that companies with over 50 employees must appoint a person of trust who plays an important role in protecting employees against psychosocial risks in the workplace including sexual harassment. At a time when employers are looking for ways...

  Read more
•  

  25/04/2024

  Hungary

  Hungary’s amended ESG Act to enter into force on 25 April 2024

  The following is a summary of the key changes made to Hungary’s ESG Act.Standardised ESG questionnaireCompanies may find it difficult to collect and analyse ESG data in light of the numerous questionnaires to assess sustainability risks, investments, access to finance and supply chains. In practice, these questionnaires vary in scope, depth and information standards, and are challenging to complete, and non-compliance can result in loss of resources and business relationships.As a result, the amendment introduces a single uniform questionnaire for Hungarian companies to report ESG-related...

  Read more
•  

  17/04/2024

  England and Wales

  AI-driven enforcement comes of age in UK with AI systems reshaping advertising and regulation and enforcement – ASA’s 2023 Annual Report

  The UK’s Advertising Standards Authority (ASA) has published its 2023 annual report, describing 2023 as a watershed year for its digital strategy.Together, the ASA and the Committee of Advertising Practice (CAP) secured the amendment or withdrawal of 27,378 ads in 2023, a remarkable 92% of which resulting from proactive work largely powered by the ASA’s Active Ad Monitoring System. In December 2022, the ASA ran 20,000 ads through the system, which rose to over 600,000 ads per month by the end of 2023. This system forms a key part of the ASA’s 2024 to 2028 strategy on AI-assisted...

  Read more