Regulatory Proceedings due to Health Claims

Claims about the potential health benefits of food products are particularly sensitive from a regulatory perspective. European law imposes detailed requirements on statements which suggest or imply a relationship between a food, one of its ingredients and human health. That includes statements concerning the contribution of a nutrient to a normal bodily function. A statement […]

Electronic Communication in Hungarian National Bank (MNB) Proceedings: Key Rules for Financial Market Participants

MNB Decree No. 35/2026 (X. 14.) regulates electronic communication in specified administrative proceedings before the Magyar Nemzeti Bank (MNB), Hungary’s central bank and financial supervisory authority. Its provisions concern certain licensing, approval, registration and notification procedures, rather than all dealings with the MNB. Submission Through the ERA System Organisations required to communicate electronically must generally […]