20
Mon, May
28 New Articles

Profound Modification of Trademark System in Hungary

Profound Modification of Trademark System in Hungary

Hungary
Typography

An amendment to the act on industrial properties enters into force on 1 January 2019. Such amendment not only modifies the existing trademark procedures, but also creates a more efficient, fast and customer-friendly system. Due to this modification, the Hungarian trademark legislation will also be conform with the requirements of the applicable EU directive.

The modification of the current trademark system has not only been necessary in order to comply with the EU legislation, but also to comply with the technological, social and other significant changes. One of the most important effects and changes of the amendment that it consists of the extension of registrable marks with the abrogation of the requirement of graphic representation, meaning that audio- or video files can also be submitted. Secondly, the modification introduces new absolute and relative grounds for refusal and it modifies the provisions on collective and certification marks. 

The new modified trademarks system will also be in line with the requirements of the applicable data protection regulation (in particular with the provisions of GDPR) that causes the change of the practical rules of the electronic administration (especially on the scope of the processed data). 

The modification enters into force in January 2019, meaning that now we should soon see the benefits of an improved, modern system in operation

By Rita Parkanyi, Partner, KCG Partners Law Firm

Hungary Knowledge Partner

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/

Our Latest Issue