Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Hungary ruling party drafts bill to crack down on foreign-funded organisations
    Headlines

    Hungary ruling party drafts bill to crack down on foreign-funded organisations

    Published by Global Banking & Finance Review®

    Posted on May 14, 2025

    2 min read

    Last updated: January 23, 2026

    Hungary ruling party drafts bill to crack down on foreign-funded organisations - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Hungary's Fidesz party proposes a bill to restrict foreign-funded organisations, citing threats to sovereignty and cultural identity.

    Hungary's New Bill to Monitor Foreign-Funded Organisations

    BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban's Fidesz party submitted a bill to parliament which would list organisations that receive foreign financing and curtail their activities if they are deemed a threat to Hungary's sovereignty.

    Orban pledged to crack down on foreign funding of independent media, opposition politicians and NGOs in March, stepping up his campaign ahead of elections due in 2026 when he faces an unprecedented challenge from a new opposition party.

    The legislation, submitted late on Tuesday, would allow the Sovereignty Protection Office (SPO) to draw up a list of foreign-funded legal entities whose activities are considered to be a threat.

    They could be listed if the SPO says their activities "undermine Hungary’s independent, democratic and rule-of-law-based character" or violate Hungary’s constitutional identity or Christian culture.

    Challenging the primacy of marriage, the family and biological sexes would also be considered a threat.

    Organisations on the list will have their bank accounts monitored, and funds from abroad considered a threat can be blocked.

    If the bill is passed, authorities will be allowed to enter offices of organisations and examine their documents and electronic devices.

    If an organisation accepts foreign money, it has to pay a fine 25 times more than the actual funding received. If they are unable to pay the fine within 15 days, they must cease operations, the bill says.

    Representatives of the Hungarian Helsinki Commission and Transparency International Hungary, organisations the government has said are foreign-funded, were not immediately available for comment.

    In March, parliament passed a bill that allows the annual Pride march by the LGBTQ+ community to be banned, triggering protests.

    The Sovereignty Protection Office was created by the government in 2023 to monitor risks in what the ruling Fidesz party called undue political interference by foreign persons or groups.

    The European Commission launched an infringement procedure over the law that created the SPO, citing its potential to undermine the EU's democratic values and fundamental rights.

    (Reporting by Anita Komuves, editing by Ed Osmond)

    Key Takeaways

    • •Fidesz party submits a bill targeting foreign-funded organisations.
    • •The bill aims to protect Hungary's sovereignty and cultural identity.
    • •Organisations could face fines or closure if deemed a threat.
    • •The European Commission has launched an infringement procedure.
    • •The bill is part of Orban's campaign ahead of 2026 elections.

    Frequently Asked Questions about Hungary ruling party drafts bill to crack down on foreign-funded organisations

    1What is the main topic?

    The article discusses Hungary's proposed bill to monitor and restrict foreign-funded organisations, citing threats to sovereignty.

    2What actions does the bill propose?

    The bill proposes listing, monitoring, and potentially fining or closing foreign-funded organisations deemed a threat.

    3Who is behind the bill?

    The bill is submitted by Hungary's ruling Fidesz party, led by Prime Minister Viktor Orban.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Southeast Poland's Lublin and Rzeszow airports closed due to 'unplanned military activity', US FAA says
    Southeast Poland's Lublin and Rzeszow airports closed due to 'unplanned military activity', US FAA says
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    View All Headlines Posts
    Previous Headlines PostTime to suffocate Russia's economy after 17th EU sanctions package, France says
    Next Headlines PostElectrochemicals group De Nora insulated from US tariffs, says CEO