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  1. Legal news
    30 March 2017
    New Cloud Recommendation for the Hungarian Finance Sector
    www.twobirds.com/en/news/articles/2017/global/new-cloud-recommendation-for-the-hungarian-finance-sector

    The National Bank of Hungary (in Hungarian: Magyar Nemzeti Bank, "MNB"), acting as a finance regulator, recently published a new, detailed recommendation (Rec. No. 2/2017, the "Recommendation") on the use of cloud ...

  2. Legal news
    20 July 2020
    VAT exemption for data centre colocation: CJEU says 'no'
    www.twobirds.com/en/news/articles/2020/global/vat-exemption-for-data-centre-colocation-cjeu-says-no

    With its judgment of 2 July 2020 (A Oy, C-215/19), the Court of Justice considers data colocation services to be subject to VAT. Even though it is not entirely a black and white decision, most data centre colocation ...