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PSzÁF fines Erste Pension Fund for failing to comply with earlier resolution

Hungarian financial market watchdog PSzÁF said it fined the private pension arm of Erste Pension Fund HUF 1 million for failing to take measures PSzÁF ordered in an earlier resolution.

In a resolution from December 2008, PSzÁF  ordered the fund to sort out incorrect or incomplete information sent to the Central Funds Registry by March 31, 2009 and send PSzÁF documents certifying it had done so. (MTI – Econews)