MNB fines Uniqa Insurance HUF 76 mln for violations
The National Bank of Hungary (MNB) fined insurance company Uniqa Biztosító HUF 76 mln on a number of violations related to shortfalls in its registration, auditing and contract management systems, the central bank said today in a press release.
The MNB noted that it had instructed Uniqa to report on steps it will take to correct the shortfalls by deadlines established for the fall.
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.