News

The Court of Justice of the European Union (CJEU) in its judgement taken in Case C-542/16 interpreted the concept of insurance mediation with respect to capital life assurances in more aspects...

The Hungarian National Bank published on its website guidance regarding PSD2. The regulator provided interpretation in the following areas:   All payment account qualifies as online accessible if the client is able to give payment orders through any IT device...

As of 1 July 2018, the National Bank of Hungary (NBH) with its Decree No. 18/2018 (V.31). amended the Decree No...

The European Commission (EC) announced to prepare a major amendment to the Directive 2009/103/EC relating to insurance against civil liability in respect of the use of motor vehicles, and the enforcement of the obligation to insure against such liability (Motor Insurance Directive, Directive) in 2016...

The Court of Justice of the European Union (CJEU) in its judgement in Case C‑106/17 (Paweł Hofsoe v LVM Landwirtschaftlicher Versicherungsverein Münster AG) taken on 31 January 2018 interpreted the jurisdiction articles of Regulation (EU) No 1215/2012 of the European Parliament and of the Council of 12 December 2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (Recast Brussels Regulation)...