33 result(s) for illegal in Business
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Andy Vajna Hits The Jackpot With New Online Gambling Regulations In Hungary
- 30 Sep 2016 9:00 AM
- business
On Tuesday the Hungarian parliament passed a law regulating online gambling introduced only the previous day. The bill’s sponsors justified the extraordinary measure by claiming the measure was necessary to combat illegal online gambling. The government expects the modification to drive international on-line gambling operators out of the Hungarian market.
Budapest Chief Prosecutor: More Graft Cases Exposed In Hungary Last Year
- 30 Oct 2015 8:00 AM
- business
There were three times as many corruption cases exposed in Hungary in 2014 as in the previous year, and criminal statistics showed improvement for last year in the capital as well, Budapest’s chief prosecutor said in an interview published by the daily Magyar Idők.
Hungarian NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...
Hungarians Manipulated Prices On LSE
- 14 Aug 2015 9:00 AM
- business
Three Hungarian brokers were fined £6 million after a British court found them guilty of spoofing, an illegal stock-market practice. The Hungarian gang used sophisticated high-speed trading programmes to influence prices on the London Stock Exchange. Swiss fund manager Da Vinci Invest was also fined £1.5 million.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
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 ...
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Andy Vajna Hits The Jackpot With New Online Gambling Regulations In Hungary
- 30 Sep 2016 9:00 AM
- business
On Tuesday the Hungarian parliament passed a law regulating online gambling introduced only the previous day. The bill’s sponsors justified the extraordinary measure by claiming the measure was necessary to combat illegal online gambling. The government expects the modification to drive international on-line gambling operators out of the Hungarian market.
Budapest Chief Prosecutor: More Graft Cases Exposed In Hungary Last Year
- 30 Oct 2015 8:00 AM
- business
There were three times as many corruption cases exposed in Hungary in 2014 as in the previous year, and criminal statistics showed improvement for last year in the capital as well, Budapest’s chief prosecutor said in an interview published by the daily Magyar Idők.
Hungarian NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...
Hungarians Manipulated Prices On LSE
- 14 Aug 2015 9:00 AM
- business
Three Hungarian brokers were fined £6 million after a British court found them guilty of spoofing, an illegal stock-market practice. The Hungarian gang used sophisticated high-speed trading programmes to influence prices on the London Stock Exchange. Swiss fund manager Da Vinci Invest was also fined £1.5 million.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Xpat Opinion: Leaders Avoid Losses, But May Pay At The Polls
- 15 Apr 2015 9:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: When Quaestor investment house went bust, so did a lot of hard−working people. The government and Győr’s football team were unscathed, but many ordinary citizens were not.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
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 ...