Magyar Nemzeti Bank (Central Bank of Hungary) MNB
Who they are
The central bank of Hungary and a member of the European System of Central Banks. Its primary objective is price stability, and without prejudice to that it supports the stability of the financial intermediation system.
What they do
Supervises the system of financial intermediation under Article 4(9) of the MNB Act; Article 39 lists the laws whose subjects it supervises, among them credit institutions, insurers, payment service providers, investment firms, funds, pension providers and, under the law on the market of crypto-assets, crypto-asset service providers. It also supervises AML/CFT compliance (Article 39(3)), issues recommendations, fines supervised entities, and runs an Innovation Hub with a regulatory sandbox.
Key laws & regulations issued
- Guideline Recommendation No 13/2025 (XII. 3.) of the Magyar Nemzeti Bank on the digital transformation of credit institutions 2025
- Guideline Recommendation No 5/2023 (VI. 23.) of the Magyar Nemzeti Bank on the prevention, detection and management of abuses observed through payment services 2023
- Guideline Recommendation 8/2020 (VI. 22.) of the Magyar Nemzeti Bank on the protection of information systems 2020
- Act Act CXXXIX of 2013 on the Magyar Nemzeti Bank 2013
Enforcement by this regulator
| Date | Entity | Action | Penalty | Source |
|---|---|---|---|---|
| 13 Apr 2026 | Green Credit Finance Zrt. (financial enterprise) | Licence Action | — | official |
Latest news
No news tagged to this regulator yet.