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BANKING & FINANCE

A finance transaction, in our view, should not be a tussle between two opposing parties. After all, the bank and the borrower share a common aim: to establish a financing structure that helps to ensure the successful operation of the financed project, which in turn generates the funds to repay the loan. We keep this concept in our mind when upon drafting the documentation.
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Practice group head ranked as ‘Leading lawyer’ in Chambers Europe
Practice group head ranked as ‘Leading lawyer’ in IFLR1000
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OUR LATEST POSTS

Ádám Boross

Cryptocurrency Investments: What should I call you?

Ádám Boross | 21 February 2024

The decision of the U.S. Securities and Exchange Commission (SEC) on January 10 has stirred significant attention, as it granted approval for the listing of certain products based on Bitcoin on the stock exchange. The impact of this decision on the European and American securities markets, and whether similar steps will be taken, depends largely on the details – including the names assigned to cryptocurrency-based products.

Ádám Boross

What Are the Primary Securities in Hungary in Structured Finance Deals?

Ádám Boross | 15 December 2023

Hungarian structured finance transactions rely on a clear and enforceable security framework. The Hungarian Civil Code provides lenders with a comprehensive set of security interests that can be flexibly structured to support complex financing arrangements and to mitigate credit risk in secured lending transactions.

Jalsovszky is a Premier Financial Services Law Firm in Hungary

When navigating Hungary's complex financial regulatory landscape, international clients require experienced legal counsel who understands both local market dynamics and global business practices. Our banking and finance practice group in Hungary provides comprehensive legal solutions for banking institutions, investment funds, multinational corporations, and private equity firms conducting business in the Hungarian market.

As trusted advisors when it comes to Hungarian (Budapest) banking & finance matters, we have established ourselves as the go-to legal advisors for sophisticated financial transactions across Central and Eastern Europe. Our deep understanding of Hungarian financial regulations and various financing transactions, combined with extensive international experience, positions us uniquely to serve foreign clients seeking reliable legal representation in Budapest's thriving financial sector.

Comprehensive Banking Law Expertise

Our Hungarian banking lawyers handle the full spectrum of banking and financial law matters. We represent both domestic and international banks in regulatory compliance, licensing procedures, and complex cross-border transactions. Our expertise encompasses traditional banking services, digital banking innovations, and emerging fintech solutions that are reshaping Hungary's financial landscape.

We assist international, regional and domestic banking institutions in Hungary, guiding them through regulatory requirements, licensing procedures, and ongoing compliance obligations.

Our banking law services include regulatory compliance counseling, anti-money laundering program development, consumer protection, data protection compliance for financial institutions, and representation in regulatory investigations. We work closely with the Hungarian National Bank and other regulatory authorities to ensure our clients maintain full compliance while pursuing their business objectives.

Corporate Finance & Structured Transactions

As a leading legal practice in Budapest focusing on financing transactions, we structure and negotiate complex financial transactions for multinational corporations, private equity funds, and institutional investors and various other types of investors. Our team combines deep legal expertise with practical business acumen to deliver innovative solutions for sophisticated financing arrangements.

We have extensive experience with cross-border structured finance transactions involving Hungarian assets, working alongside international law firms and investment banks to execute seamless multi-jurisdictional deals. We regularly advise on various project financings, including but not limited to matters relating to renewable and real estate projects, leveraged buyouts, management buyouts, growth capital investments, and distressed debt transactions. Our transactional finance practice serves both sponsors and lenders, providing balanced perspectives that facilitate successful transaction completion. International private equity firms particularly value our ability to navigate Hungarian corporate law requirements while accommodating foreign investment structures.

Financings in relation to Asset Purchase & Share Acquisition Legal Services in Hungary

International clients rely on our expertise for the financing of complex asset purchases and share acquisitions in Hungary's dynamic market. Our transaction experience spans multiple industries, including financial services, manufacturing, technology, real estate, and energy sectors as well as aviation and the HORECA sector. We provide comprehensive due diligence services, identifying potential legal and regulatory risks that could impact transaction value or structure.

Our asset purchase financing practice includes advising on distressed asset acquisitions, where we help international investors acquire and transfer non-performing loan portfolios, real estate assets, and operational businesses from Hungarian financial institutions. We understand the unique challenges of distressed and non-performing transactions and work efficiently to complete time-sensitive deals.

Credit Facilities Agreement and Loan Agreement Expertise in Hungary

Our highly experienced lawyer’s team in Budapest drafts, negotiates, and reviews complex lending arrangements, including—but not limited to—loan agreements and LMA-based credit facility agreements for international financial institutions and borrowers. We advise on a broad range of financing structures, including bilateral and syndicated loans, revolving and guarantee facilities, trade finance, acquisition financing, and specialized lending products tailored to industry-specific needs. We have particular expertise in film financing transactions that leverage Hungary’s widely acclaimed rebate system.

International banks particularly value our expertise in documenting Hungarian law-governed loan facilities and the related Hungarian law-governed security agreements (in particular, mortgages, pledges and guarantees) while incorporating international market standards. We ensure compliance with local regulatory requirements while maintaining terms familiar to international lenders. Our loan documentation reflects best practices from both Hungarian legal tradition and international finance markets.

We regularly work on cross-border financing transactions where Hungarian borrowers access international capital markets or foreign lenders extend credit to Hungarian entities. These transactions require careful coordination between Hungarian law requirements and foreign legal systems, demanding the sophisticated legal expertise our team provides. Derivatives Law

Derivatives Law

As experienced derivatives counsel, we draft and negotiate ISDA documentation, handle regulatory reporting requirements, and advise on complex derivative structures involving Hungarian underlyings. Our derivatives expertise encompasses interest rate swaps, currency derivatives, commodity derivatives, and credit derivatives commonly used by international financial institutions.

Why International Clients Choose Our Financial Services Law Firm in Hungary

International clients select our law firm for several compelling reasons. Our team combines Hungarian legal expertise with international training and experience, ensuring we understand both local requirements and global business practices. Many of our lawyers have worked at international law firms or financial institutions, bringing valuable practical perspectives to client engagements.

We maintain strong relationships with Hungarian regulatory authorities, enabling efficient resolution of regulatory matters and proactive compliance guidance. Our regulatory experience includes representing clients in Hungarian National Bank proceedings, securities law matters, and financial services investigations. In addition, we have long-standing, productive relationships with the largest Hungarian commercial banks—many of which are subsidiaries of leading European and international banking groups—as well as with blue-chip companies operating in the Hungarian market.

Our client service approach emphasizes responsiveness, practical solutions, and cost-effective legal strategies. We understand that international transactions operate on tight timelines and require coordinated execution across multiple jurisdictions. Our project management capabilities ensure seamless coordination with international counsel and other transaction participants.

Contact Our Banking & Finance Legal Team

Foreign investors, international financial institutions, and multinational corporations requiring sophisticated legal representation in Hungary should contact our experienced team. As your trusted banking and corporate finance lawyers in Hungary we stand ready to support your most complex financial transactions and regulatory compliance requirements.

Our commitment to excellence, combined with deep local market knowledge and international perspective, makes us the optimal choice for foreign clients conducting business in Hungary's dynamic financial sector. Contact us today to discuss how our expertise can support your Hungarian financial law requirements.