1,305 result(s) for authority
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
Film Production Boon For Hungary
- 10 Mar 2015 8:00 AM
- entertainment
Spending on film production in Hungary as a percentage of economic output is by far the highest in Europe. Hungary provided the production base for 250 movies and television films in 2010-2014, the media authority (NMHH) reported, commenting on European Audiovisual Observatory data. Productions averaged 46 billion forints (EUR 151m) each year over the period.
Thousands March In Budapest Against Corruption
- 9 Mar 2015 8:00 AM
- current affairs
Several thousand protesters marched through the streets of Budapest today against official corruption. Protest organizer, Budapest District 5 assemblyman Péter Juhász, told protesters to devote the next twenty days to uncovering corruption in their immediate vicinity “then let’s organize a country-wide protest.” A number of civil and political opposition leaders addressed demonstrators before and ...
Hungary: Ideal Gateway For West-Bound Asylum-Seekers
- 9 Mar 2015 8:00 AM
- current affairs
By mid-February 2015 more asylum-seekers had entered Hungary than the whole of the European Union by late March 2014. Where are they coming from? Of all the countries of the European Union, why are they converging on Hungary? Why is this country a prime destination for Kosovars? Why is the ostensibly impenetrable Schengen frontier full of holes?
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
Paks Data Handling Conforms With Hungarian, Intl Rules - Official
- 5 Mar 2015 8:00 AM
- current affairs
Hungary’s data protection authority head was consulted when the law on the Paks nuclear power plant expansion project was being finalised and he raised no objection to classifying the contract for 30 years, the commissioner in charge of the project said.
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Justice CTTEE Decides Against Parliamentary Probe Of VAT Fraud
- 11 Mar 2015 8:00 AM
- business
Parliament’s justice committee voted against a proposal by opposition LMP to form an investigative committee to examine VAT fraud over the last eight years. LMP’s co-leader András Schiffer had wanted the investigation to focus on whether personnel changes within the tax authority since 2007 had meant VAT fraud had gone undetected.
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
Film Production Boon For Hungary
- 10 Mar 2015 8:00 AM
- entertainment
Spending on film production in Hungary as a percentage of economic output is by far the highest in Europe. Hungary provided the production base for 250 movies and television films in 2010-2014, the media authority (NMHH) reported, commenting on European Audiovisual Observatory data. Productions averaged 46 billion forints (EUR 151m) each year over the period.
Thousands March In Budapest Against Corruption
- 9 Mar 2015 8:00 AM
- current affairs
Several thousand protesters marched through the streets of Budapest today against official corruption. Protest organizer, Budapest District 5 assemblyman Péter Juhász, told protesters to devote the next twenty days to uncovering corruption in their immediate vicinity “then let’s organize a country-wide protest.” A number of civil and political opposition leaders addressed demonstrators before and ...
Hungary: Ideal Gateway For West-Bound Asylum-Seekers
- 9 Mar 2015 8:00 AM
- current affairs
By mid-February 2015 more asylum-seekers had entered Hungary than the whole of the European Union by late March 2014. Where are they coming from? Of all the countries of the European Union, why are they converging on Hungary? Why is this country a prime destination for Kosovars? Why is the ostensibly impenetrable Schengen frontier full of holes?
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
Paks Data Handling Conforms With Hungarian, Intl Rules - Official
- 5 Mar 2015 8:00 AM
- current affairs
Hungary’s data protection authority head was consulted when the law on the Paks nuclear power plant expansion project was being finalised and he raised no objection to classifying the contract for 30 years, the commissioner in charge of the project said.
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.