Hungary
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Asset management: outlook for 2019
Monetary policy divergence, protectionism and ESG are shaping reserve managers’ approach to 2019
Hungarian central bank increases gold reserve tenfold
Governor Matolcsy says prime minister asked MNB to reconsider gold policy
Hungary prepares to normalise its array of policy instruments
Central bank reshuffles its wide range of unconventional instruments and launches lending facility
Hungarian central bank sets out instant payments infrastructure plan
Company wholly owned by MNB to have system operational ‘by mid-2019’
Hungarian deputy governor loses responsibility for macro-prudential policy
Nagy replaced as head of Budapest stock exchange two days earlier
Hungarian central bank delays introduction of capital buffers
Move taken “to support lending” as banks sell off portfolios of “problem loans”
Sale by Hungarian central bank challenged on transparency grounds
Central bank says process ‘transparent’, but local organisation brings legal challenge
Prospective eurozone members fail to meet convergence criteria, ECB says
ECB reports greater convergence on economic indicators among seven countries
Hungarian governor launches lawsuit against politician
Governor says law-maker accused him of “stealing”
Hungarian central bank plans offices in New York, Buenos Aires and Beirut
MNB governor Matolcsy formally opens Paris office
EBA publishes first complete list of European O-SIIs
Institutions designated by EBA criteria and also by supervisory judgement
ECB voices concerns over Hungarian National Bank
Recent measures create potential conflicts of interest, ECB says
Hungarian constitutional court strikes down central bank law
Both of Hungary’s highest courts rule against law on central bank assets
President refuses to sign Hungary central bank law
Law would have drastically reduced scrutiny of central bank, critics allege
Hungary central bank action ‘distorting’ swaps curve
Flooding market with cheap swaps knocks 14% off bid rate
Hungarian ‘bad bank’ gets Brussels go-ahead
Central bank will provide credit line of over $1bn
Hungarian central bank eases by scrapping deposit facility
The central bank announces the closure of its two-week deposit facility in April
Researchers find ‘strong evidence’ of ECB policy spillovers to CEE countries
Working paper examines spillover effects of ECB’s ‘non-standard’ measures since 2007
Hungarian central bank buys controlling stake in Budapest stock exchange
Move necessary to get capital markets working properly, central bank says
CLS starts settling Hungarian forint payments
After two years of preparation and testing, the forint joins the CLS universe
Hungarian central bank mulls lower capital requirements for SME-friendly banks
Central bank introduces new instruments aimed at incentivising ‘market-based' lending
CLS sets go-live date for Hungarian forint
It will be the 18th currency settled via the clearing house
Hungarian central bank to bid for country’s stock exchange
Move intended to facilitate listing of state-owned companies, spokesman says