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PSZÁF fines Ft 2.5 mln, orders independent audit

The State Financial Supervisory Authority (PSZÁF) has fined IT company Ft 2.5 million for failing to publish transparent financial information about its investments and ordered an independent audit of the company's unconsolidated and consolidated figures for H1 2005. At the same time, PSZÁF lifted the ban on trading in's shares as of Friday. PSZÁF announced on September 1 it was suspending trading in shares for 30 days while it investigates the company's practice of making announcements. The watchdog said it aimed to end major changes in's share price caused by the publication of extraordinary information, thereby ensuring a level playing field for all investors.