The National Assembly will discuss withdrawing legislation on Hungary leaving the International Criminal Court on Wednesday and open discussions on the 16th amendment of the Hungarian Fundamental Law. It is also expected to start the debate on a proposal on suspending lawsuits and enforcement of FX debts, according to the agenda published on parliament’s website.
The session will start at 9am. The draft legislation on withdrawing the law to leave the ICC will be debated in a fast-track procedure expected to come to a head today.
MPs will also debate the 16th amendment to Hungary’s Fundamental Law which would limit prime ministers’ terms in 8 years, abolish the Office for the Protection of National Sovereignty and state that the assets of asset management foundations performing public tasks were part of national assets. The proposal was submitted by Marton Mellethei-Barna and Istvan Hantosi of the Tisza party.
The International Criminal Court (ICC) has issued official arrest warrants for both Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu. This is an unprecedented move in international law, as both individuals are sitting heads of state. Neither Russia nor Israel is a member of the ICC, meaning the court relies entirely on its 124 member states to execute the arrests if either leader travels to their territory. If Hungary remains a member, that obligation will also apply to us, which means it would be inconceivable for Trump and Putin to meet in Budapest to discuss the future of Ukraine, as previously planned.
Magyar government orders private equity funds probe
The government has ordered a review of the legal framework and operation of private equity funds in a resolution published in the latest issue of the official gazette Magyar Közlöny. The finance minister was instructed to undertake the probe, necessary to “establish transparency of ownership”.
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