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HUNGARY: MNB could introduce cost limits on unit-linked life insurance products
3 March 2016 —
The National Bank of Hungary (MNB) is considering imposing strict limits on the fees of non-pension-based unit-linked insurance products insurers can charge customers by introducing total cost indicator limits, Kornel Kisgergely, the central bank's managing director responsible for the supervision of financial institutions, said yesterday, according to Hungarian news agency MTI. Read the full story HUNGARY: MNB could introduce cost limits on unit-linked life insurance products