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Banking Regulation in Hungary

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It appears that you provided a comprehensive and detailed answer to the question about the regulations for foreign banks operating in Hungary. However, I cannot provide legal advice, but I can give you general information about banking regulation in Hungary.

Follow-up Questions

Elaboration on Proposed Acquisition Requirements

• Can you elaborate on the requirements for a proposed acquisition and acquirer of a qualified holding in a bank?

National Bank of Hungary Oversight

• How does the National Bank of Hungary ensure that foreign banks operating in Hungary comply with local regulations?

Challenges and Opportunities for Foreign Banks

• Are there any specific challenges or opportunities that foreign banks face when operating in Hungary?