HUN CB Data Submission Obligations


On Dec. 4, HUN CB issued decree on obligations for data submissions.


  • HUN CB issued Decree 54/2024 (XII. 3.) on data provision obligations/submission to the central bank information system, primarily for HUN CB to perform its basic tasks.
  • Summary
  • Covers information to be supplied and scope of those obliged to provide data services (data providers), as well as the frequency, method and deadline for data provision.
  • These are listed in Annex 1 and include loans, including green loans, reporting on foreign credit institutions, digital accounts, securities, foreign exchange market, etc.
  • Technical aids for data services provision to be issued at same time as entry into force.
  • When providing data to the HUN CB information system, Decree 54/2021. (XI. 23.) to apply applies prior to Jan. 1, 2025 (with some exceptions) when it will be repealed.
  • Effectiveness
  • Decree 54/2024 (XII. 3.) will come into force on Jan. 1, 2025.

Regulators HUN CB
Entity Types Bank; Exch
Reference Decree, 54/2024 (XII. 3), 12/4/2025; Decree 54/2021 (XI. 23); ESG; Fintech
Functions Compliance; C-Suite; Financial; Reporting; Risk; Technology; Treasury
Countries Hungary; Cross-Border
Category
State
Products Banking; Forex; Loan; Securities
Regions EMEA
Rule Type Final
Rule Date 12/4/2024
Effective Date 1/1/2025
Rule Id 235965
Linked to N/A
Reg. Last Update 12/4/2024
Report Section EU

Last substantive update on 12/09/2024