Domestic Rules of Law

Acts:

• Act C of 2000 on Accounting
• Act CXXXVIII of 2007 on Investment Firms and Commodity Dealers and on the Regulations Governing their Activities
• Act LIII of 2017 on the Prevention and Combating of Money Laundering and Terrorist Financing
• Act LXXXV of 2009 on the Pursuit of the Business of Payment Services
• Act CCXXXVII of 2013 on Credit Institutions and Financial Enterprises
• Act V of 2013 on the Civil Code
• The Act on the Budget of Hungary in force at the time
• Act CXXII of 2009 on Law-efficient operation of a publicly owned companies
• Act XLII of 1994 on the Hungarian Export-Import Bank Corporation and the Hungarian Export Credit Insurance Corporation
• Act CXX of 2001 on the Capital Market
• Act CXII of 2011 on the Right of Informational Self-Determination and on Freedom of Information
• Act I of 2012 on the Labor Code
• Act LII of 2017 on financail restrictive measures adobted by the European Union and the UN Security Council
• Act LIV of 2018 on the Protection of Business Secrets
• Act XLIII of 2021 on Setting Up and Operating the Data Reporting Background Relating to the Identification Obligation of Providers of Financial and Other Services
• Government Decree 192/2000 (XI. 24) on the specificities of the annual reporting and accounting obligations of insurance undertakings

Decrees:

• Govt. Decree 312/2001. (XII. 28.) on the terms of the insurance of non-marketable risks by the Hungarian Export Credit Insurance Corporation with a government absolute suretyship provided from the central budget
• Decree No 35 2017 (XII. 14.) of the Governor of the National Bank of Hungary on Payment Services Activities
• Decree adopted by the Ministry of Finance 16/1998 (V.20) on the detailed rules for accounts with the Central Budget, followed by Hungarian Export-Import Bank Private Limited Company, Hungarian Export Credit Insurance Private Limited Company
• Government Decree 85/1998. (V. 6.) on the Interest Equalisation System of the Hungarian Export-Import Bank
• Government Decree 435/2012 (XII. 29.) on Guarantees Assumed by the Hungarian Export-Import Bank with a State Payment Guarantee and on the Conditions and Detailed Regulations of the Replacement and Interest Costs of Foreign Currency and Interest Swap Transactions
• Government Decree 232/2003 (XII. 16.) on Tied Aid Loans Disbursed by Eximbank

International Regulations

OECD Rules:

• OECD Commercial Interest Reference Rates
• OECD Country Classification
• OECD Country Risk Classification
• OECD Recommendation on Common Apporoaches
• Arrangement on Officially Supported Export Credits
• OECD Recomenndation on Bribery and Export Credits
• OECD Recommendation on Sustainable Lending

OECD National Contact Point:

• https://mneguidelines.oecd.org/mneguidelines/
• https://mneguidelines.oecd.org/duediligence/
• https://mneguidelines.oecd.org/rbc-financial-sector.htm
• https://mneguidelines.oecd.org/due-diligence-for-responsible-corporate-lending-and-securities-underwriting.htm

EU Regulations:

Restrictive measures (sanctions) adopted by international organizations and the USA:

• European Union Restrictive Measures (Sanctions) in Force
• Electronic List of Persons and Entities Subject to European Union Sanctions
• Consolidated United Nations Security Counsil Sanctions List
• US Department of the Treasury OFAC Sanctions Programs and Country Information
• US Department of the Treasury OFAC Sanctions List Search
• The Hungarian Central Bank’s Information on the Economic and Financial Sanctions
• Information page of the Hungarian Export Control Authority on sanctions

WTO agricultural regulation

• WTO agricultural regulatory documents