✉news BusinessBanking first seen 2 d ago, last 2 d ago, peak #10
UK banking regulator sets five-year targets as Hungary detains ex-central bank chief
Original: PRA to set performance targets in five-year strategy; fraud investigators detain Hungary’s former central bank governor
The UK's Prudential Regulation Authority is preparing to set performance targets as part of a new five-year strategy, according to The Banker. In a separate development, fraud investigators have detained Hungary's former central bank governor. Both stories highlight renewed scrutiny of banking oversight and accountability in Europe, drawing attention from regulators, policymakers and financial-market watchers.
Why now: Two significant banking regulatory stories broke at once, drawing attention to European financial oversight.
Prudential Regulation AuthorityThe BankerHungaryHungarian central bank
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- PRA to set performance targets in five-year strategy; fraud investigators detain Hungary’s former central bank governor · TheBanker.com
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