The Government Would Halve Honoraria and Tighten Control of the Hungarian National Bank
6 Articles
6 Articles
The government would halve the remuneration of the members of the supervisory board of the Hungarian National Bank, limit their mandate to four years, and strengthen their audit powers. The bill submitted on Tuesday would establish a separate internal audit organization and oblige the heads of the central bank's companies and foundations to report regularly. Deputy Prime Minister Bálint Ruff submitted the proposal to amend the MNB Act to the Par…
And their mandate would be shortened from six years to four years.
According to the Prime Minister's draft law, members of the central bank's supervisory board would be appointed for a shorter period of time.
The government would like to transform and strengthen the ownership control of the central bank and the operation of the supervisory board, and therefore submitted a bill to the Parliament to amend the Central Bank Act on Tuesday.
The government would like to transform and strengthen the ownership control of the central bank and the operation of the supervisory board, and therefore submitted a bill to the Parliament to amend the Central Bank Act on Tuesday.
The government would reform the audit system of the Hungarian National Bank, a bill to this effect was submitted to the Parliament on Tuesday. According to the plans, a new internal audit organization would be established under the direction of the Supervisory Board, while the audit powers of the board would also be strengthened. The Supervisory Board would also audit companies in which the MNB has a majority stake and foundations established by…
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- 50% of the sources lean Left, 50% of the sources are Center
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