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Hungary's financial market regulator PSzÁF has imposed a HUF 2 million fine on Concorde Securities for breaching the rules on investment services, particularly the obligation to provide information prior to concluding contracts, PSzÁF said.
PSzÁF conducted an audit based on a complaint, which found that the investment service provider did not provide satisfactory information to the client prior to the transaction. (MTI – Econews)