Financial Market Watchdog Publishes Updated Strategy
Photo by Jessica Fejos
The National Bank of Hungary (MNB) on Tuesday published its updated mid-term strategy for oversight of the financial sector, according to a report by state news wire MTI.
While the focus of the 2020-2025 strategy remains maintaining stability and confidence, support for achieving environmental sustainability in the financial sector as well as for technology developments and the management of related risks are new elements.
The central bank and financial market regulator said the strategy was revisited in light of the start of the war in Ukraine.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.