Hungary cbank recommends merger with financial market watchdog
The National Bank of Hungary on Thursday said it proposes a merger between the central bank and financial market watchdog PSzÁF. "With the aim of developing a more efficient supervisory structure the MNB recommends to strengthen the macroprudential framework and to integrate the supervisory authority into the central bank," the MNB said in a statement published on its website.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.