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Banking & Finance

As a participant in the global banking and finance industry, you are faced with increasing financial, regulatory and political pressures. New rules on capital requirements, risk profile and investor protection pose challenges for your organisation. We have unmatched geographical coverage and more English and US qualified banking and finance partners on the ground in CEE than any other law firm. We are your first port of call whether you are planning a cross-border transaction with a multi-jurisdictional security package or loan portfolio or implementing a first-of-a-kind financing structure in your domestic market.

Whether you are a financial institution, equity house, asset manager, mutual fund, accountant, privately owned company, corporation or public entity, your business is only as good as the products and services you sell. That’s why we organise our teams along the business lines of your sector, giving us deep insight into the commercial and legal issues you face. From general corporate lending to acquisition and leveraged finance, derivatives and securitisations to real estate finance and corporate recovery, we can help you achieve the best outcome, both locally and across jurisdictions.

The Banking & Finance Team in Hungary is a leading practice and top-ranked by independent legal directories. With cca. 15 UK and locally qualified advisors it is the largest banking team in the country. Able to deliver a full legal service to clients, we often coordinate regional and. cross-border transactions. CMS Hungary connects you to over 500 banking and finance lawyers in 42 countries worldwide.

"The team at CMS is very constructive and supportive, they react swiftly to complex matters."

Chambers, 2023

It was great that they used their network to help on international matters.

Chambers Europe, 2018

We turn to this firm when it is urgent or complicated, and we require high quality.

Chambers Europe, 2016

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Restructuring, Business Transformation & Insolvency
CMS can help you with restructuring, insolvency and transforming your business. Whether caused by rapid technological developments, consumer preferenc
24/04/2018
Highlights of experience in Banking & Finance in Hungary
Erste Bank on the acquisition of Citibank’s consumer activities in Hungary and several domestic and cross-border financings.K&H Bank Ltd., Budapest Bank Ltd. and Raiffeisen Bank Ltd. on the EUR 135m...

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19/03/2024
Hungary adopts new regulations on occupational Safety and Health fines...
The Hungarian parliament recently adopted amendments to certain government regulations on occupational matters, and new government regulations on the detailed rules for the amount and imposition of occupational...
15/03/2024
Real estate finance law in Hungary
A. Mortgages 1. Can security be granted to a foreign lender? Yes. 2. Can lenders take a mortgage over land and buildings on the land? Land and the buildings erected on it are generally treated as one...
06/03/2024
Knowledge on information and communication technology and security are...
On 21 February 2024, the European Central Bank released a supervision newsletter on new policy / its expectation for more bank board expertise on information and communication technology (“ICT”) and...
04/03/2024
Aircraft finance and leasing in Hungary
Information current as of February 2020 1. PROPOSED TRANSACTION STRUCTURE The Aircraft will be purchased by the Owner and leased on an operating lease basis to the Airline pursuant to the Lease. Is this...
28/02/2024
Harmonisation of insolvency avoidance rights from the Hungarian perspective
Hungarian insolvency law already knows the concept of avoidance actions. Allowing creditors and liquidators to challenge certain transactions aims to protect the value of the insolvency estate.  Although...
13/02/2024
EU legislative initiatives on recovery and resolution planning for insurance...
With the compromise proposal for an Insurance Recovery and Resolution Directive (IRRD) published by the EU Council in January 2024, EU legislative initiatives to establish a recovery and resolution framework...
13/02/2024
Hungary makes changes to labour law, occupational health and safety at...
Hungary has initiated a series of legislative amendments to laws governing labour, occupation health and safety at work, some of which already entered into force on 1 January 2024. Specifically, Hungarian...
02/02/2024
Hungary extends grid connection long-stop-date for new power plants
On 31 January 2024, the Hungarian government adopted the amendment to Government Decree 526/2022. (XII. 16.) that amends the Electricity Act regarding rules for grid connection. Under the original Grid...
23/01/2024
New EBA guidelines to manage AML risks as part of the activities of crypto-asset...
EBA released guidelines amending ML/TF Risk Factors Guidelines to include crypto-asset service providers within its AML framework.On 16 January 2024, the European Banking Authority (EBA) released its...
17/01/2024
Hungarian Competition Authority launches study on impact of AI on competition...
On the eve of the European Commission’s calls for contributions on competition in virtual words and generative AI, the Hungarian Competition Authority (HCA) announced that it is launching a market analysis...
10/01/2024
Harmonisation of insolvency avoidance in Europe
This article continues our Law-Now series "Harmonisation of Insolvency Laws in the EU" in which we provide an overview of the articles addressing insolvency avoidance actions of the draft EU directive.As...
04/01/2024
CMS Competition Law and Sustainable Development Series Part 4: Sus­tain­ab­il­ity...
The concept of sustainability as it relates to mergersIn Part 1, we discussed that the concept of sustainability varies depending on its context. As addressed in the previous articles of this series (Article...