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Act CLXXV on the Right of Association, Non-profit Status, and the Operation and Funding of Civil Society Organizations

Hungary Current 2011

The law amends regulations for public benefit organizations, NGOs, civil organizations and non-profit organizations, with the objective to increase transparency and oversight.

Issuer name

Ministry of National Economy

Government ministry

Business/Trade/Industry

Government ministry notes

Ministry of National Economy

More information

They among others have to publish an annual public benefit report, including activity (impact measurement) and financial report, report on any budgetary support, report on any grants given, value or amount of compensation provided to leading officials, and report on assets management.

Organizations covered by the instrument

Public organizations / agencies

Target organization notes

public benefit organizations, NGOs, civil organizations and non-profit organizations

Industry scope

Other

Industry scope notes

Non-profit sector

Disclosure venue

Sustainability report

ESG coverage- S (Social)

Social Impacts & Value Creation

ESG coverage- G (Governance)

Structure & Leadership

Status

Current

Country

Hungary

Region

Europe

Date of publication

2011

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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