In December 2023, the National Bank of Hungary (MNB) according to the regular practice reviewed its expectations and methodologies for the ICAAP1 and ILAAP2 processes and their supervisory review, in addition for BMA3 and issued an updated manual for supervised institutions. For the fifth year now, KPMG experts have been analyzing and presenting the main changes following the annual update by MNB. The summaries of previous manuals are included in newsletters linked at the end of this summary.
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