MNB orders BTel to comply with disclosure requirements
The National Bank of Hungary (MNB) today ordered Business Telecom (BTel) to comply with disclosure rules with regard to online press reports on the company yesterday, Hungarian news agency MTI reported.
The Budapest Stock Exchange (BSE) said BTel, one of its service providers, was having technical problems on Wednesday. Late in the day, the company told MTI that full service had been restored following a power outage.
The MNB said today that the company must make an extraordinary announcement either denying or confirming the reports immediately, or within one working day at the latest. If it confirms the reports, BTel must also detail the resulting changes, the central bank and market watchdog added.
Clean Air in the Office Has Positive Impact on Work Efficien...
CEETRA Celebrates Regional Brands in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
.jpg)
