The must-have newsletter about Hungary

Related Articles

GOVT SUBMITS AMENDMENTS DESIGNED TO UNDERPIN DEAL WITH EU

 

The government on Monday submitted to MPs its first package of amendments related to the European Union’s conditionality procedure.
The legislation governs how Hungary’s financial watchdog should cooperate with OLAF, the European Anti-Fraud Office, and changes rules for public interest trust foundations. Proposed new rules would make the financial watchdog of the national tax and customs office (NAV) responsible for supporting OLAF on-site inspections and allowing OLAF investigators to enter the premises under investigation and to ensure them access to the relevant documents and data. NAV would also be given the power to fine anyone failing to comply the sum of 1 million forints (EUR 2,500). The bill also covers areas such as transparent and fair contractual procedures in public procurement and conflict of interest rules for public interest trust foundations.