55 result(s) for financial compensation
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
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.
Hungary Loses Three More Cases At European Court
- 23 Oct 2014 9:00 AM
- current affairs
A former public television employee, a former National Assets Management employee and an American citizen won their court cases against the Hungarian state at the European Court of Human Rights in Strasbourg on Tuesday. The court obliged Hungary to pay EUR 12,000 (USD 15,300) in compensation to the applicants.
Flight cancelled? Delayed? Denied boarding? Do you know your rights?
- 26 Sep 2014 9:00 AM
- travel
Airspace is now open for anyone with money to travel. Increasing numbers are taking to the air as travel becomes quicker and cheaper. Yet despite the increasing number of air passengers, many are not aware of their rights when travelling with EU air carriers anywhere in the world, or departing with third party (non-EU) air carriers from the EU. For the last ten years, the European Union has ...
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Own A Camera? Beware Hungary’s New Civil Code
- 20 Mar 2014 9:40 AM
- community & culture
Extensive changes to Hungary’s civil law code came into law on 15 March 2014. Among the many new rules is one making it illegal to capture photographs and video and audio recordings without the permission of the subject. The rule even affects media prepared outside the purposes of published media – anyone with any kind of audio, photograph, or video capturing device should beware Hungary’s new ...
220,000 People Are Becoming Victims Of Crime In Hungary Per Year
- 24 Feb 2014 8:00 AM
- current affairs
220,000 people are becoming victims of crime each year - said the Minister of Interior at the the conference organized on the International Day for Victimes of Crime, which was co-organized by the Ministry of Public Administration and Justice, the Institute of Public Administration and Justice and the National Council on Crime Prevention in Budapest this Friday.
Lawmakers Pass Law To Freeze Assets At Scandal-Ridden Firms
- 1 Apr 2015 9:00 AM
- current affairs
Lawmakers approved a bill which will allow the assets of companies and their executives linked to the recent brokerage scandals to be frozen. The measure will affect company groups, their top executives, members of their supervisory boards as well as some auditors. The bill submitted last week by Antal Rogán, head of the parliamentary group of the ruling Fidesz party, and Péter Harrach of the ...
No Compensation For Quaestor Clients
- 12 Mar 2015 8:00 AM
- business
The Investor Protection Fund (BEVA) is set to pay out its largest compensation ever, which may exceed its present budget of Ft 12 billion, to clients of collapsed brokerage Buda-Cash, Világgazdaság writes. So far, the largest amount of money paid out to victims of bankrupt brokerages came in 1999, when London Broker went belly-up.
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.
Hungary Loses Three More Cases At European Court
- 23 Oct 2014 9:00 AM
- current affairs
A former public television employee, a former National Assets Management employee and an American citizen won their court cases against the Hungarian state at the European Court of Human Rights in Strasbourg on Tuesday. The court obliged Hungary to pay EUR 12,000 (USD 15,300) in compensation to the applicants.
Flight cancelled? Delayed? Denied boarding? Do you know your rights?
- 26 Sep 2014 9:00 AM
- travel
Airspace is now open for anyone with money to travel. Increasing numbers are taking to the air as travel becomes quicker and cheaper. Yet despite the increasing number of air passengers, many are not aware of their rights when travelling with EU air carriers anywhere in the world, or departing with third party (non-EU) air carriers from the EU. For the last ten years, the European Union has ...
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Own A Camera? Beware Hungary’s New Civil Code
- 20 Mar 2014 9:40 AM
- community & culture
Extensive changes to Hungary’s civil law code came into law on 15 March 2014. Among the many new rules is one making it illegal to capture photographs and video and audio recordings without the permission of the subject. The rule even affects media prepared outside the purposes of published media – anyone with any kind of audio, photograph, or video capturing device should beware Hungary’s new ...
220,000 People Are Becoming Victims Of Crime In Hungary Per Year
- 24 Feb 2014 8:00 AM
- current affairs
220,000 people are becoming victims of crime each year - said the Minister of Interior at the the conference organized on the International Day for Victimes of Crime, which was co-organized by the Ministry of Public Administration and Justice, the Institute of Public Administration and Justice and the National Council on Crime Prevention in Budapest this Friday.