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MNB fines Kancellár Globális Piacok for brokering without registration

MNB

The National Bank of Hungary (MNB) on Wednesday said it had fined Kancellár Globális Piacok HUF 60 mln for brokering without registering, according to Hungarian news agency MTI.

The central bank prohibited the company from further acting as a capital market intermediary. Kancellár Globális Piacok was working for London-based City Credit Capital, the MNB said.

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