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Hungarian National Assembly Considering Bill to Implement DAC8 and DAC9

|Proposed Changes|Hungary
Hungary

The Hungarian National Assembly (parliament) is considering Bill T/12802 for the implementation of Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8) and Council Directive (EU) 2025/872 of 14 April 2025 (DAC9). DAC8 established new reporting and due diligence obligations for crypto-asset service providers. It is largely based on the Crypto-Asset Reporting Framework (CARF) developed by the OECD and the amended Common Reporting Standard (CRS) for the automatic exchange of financial acc…

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