Hungarian central bank takes over financial stability role under new deputy governor

windisch

The Central Bank of Hungary (CBH) has appointed a new deputy governor, László Windisch, to head up the bank's new financial stability responsibilities starting this week.

The bank takes over from the Hungarian Financial Services Authority (HFSA), in a move first proposed two years ago. It will be in charge of consumer protection in the financial services space, and provide micro-prudential supervision of individual financial institutions.

A new Financial Stability Board (FSB) will also report to

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