HUNGARY's MNB fines Uniqa Insurance HUF76m for violations

17 August 2015 —
The National Bank of Hungary (MNB) fined insurance company Uniqa Biztosito HUF 76 million on a number of violations related to shortfalls in its registration, auditing and contract management systems, the central bank said today in a press release.

The MNB noted that it had instructed Uniqa to report on steps it will take to correct the shortfalls by deadlines established for the fall. Read the full story HUNGARY's MNB fines Uniqa Insurance HUF76m for violations
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