PSzÁF fines Allianz Hungária for sloppy documentation
The Hungarian financial supervisory authority PSzÁF has fined the Allianz Hungária Voluntary Private Pension Fund HUF 10 million for improper document keeping, PSzÁF announced on Wednesday. PSzÁF said that it had also initiated the dismissal of the Allianz Hungária Voluntary Private Pension Fund's CEO and deputy CEO, imposing fines of HUF 1 million on the former, HUF 600,000 on the latter and HUF 100,000 on the fund's board chairman.
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