Fidesz: Hungary to adopt EP asset declaration system

Hungary will adopt the European Parliament’s system of asset declaration which is effectively identical to the system in use in Germany, Máté Kocsis, parliamentary group leader of the ruling Fidesz party, said on Facebook on Wednesday.

The proposal submitted by Fidesz will apply to lawmakers and those who prepare asset declarations, Kocsis said. The same rules will be established this year for everyone else who is required by law to declare their assets, such as mayors and local councillors, he added.

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“Hungary’s asset declaration system has drawn a lot of criticism over the past years and decades, so regardless of whether or not the criticism is warranted, it is worth making a change,”

Kocsis said.

He believes the “double standards applied by Brussels” against Hungary “has unfortunately become a part of our everyday lives”, so the most appropriate course of action is to incorporate the rules used in the EP “word-for-word into Hungarian law”, he said. Given that the same system is in use in Germany, the decision will help prevent international disputes “at least in this area”, he added.