Hungarian national bank asked to publish list of owners of private funds

The opposition LMP is submitting a draft proposal to parliament seeking to make private funds a matter of public record, the party’s spokesperson told a press conference on Sunday.

Anna Süveg of LMP called on the National Bank of Hungary to publish the data of the owners of private capital funds in the meantime for the sake of transparency in the case of “these offshore-like companies”.

The NBH has a legal obligation check that financial institutions and their owners are not engaged in money laundering or terrorism, she said. Such data, including the provenance of assets, are in the public interest, given the likely involvement of public funds, she added.

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