CRIMINAL LAW INSTITUTIONS PROTECTING INVESTORS IN HUNGARY

23 January 2024, Version 1
This content is an early or alternative research output and has not been peer-reviewed by Cambridge University Press at the time of posting.

Abstract

The aim of this study is to present to the reader who is not necessarily a lawyer the institutional system of investor protection in Hungary, especially about its criminal instruments. The topic is particularly topical, as the Coronavirus pandemic, which has been underway since 2020, was followed in spring 2022 by the outbreak of the Russian-Ukrainian War, which has resulted in an unprecedented deterioration of money and an energy crisis that spans the entire European continent for decades. In times of economic crisis, the importance of measures to promote the protection of the economy will be appreciated, and security will become a priority for society. In a crisis period, the efficient operation of the institutional system of investor protection can provide a sense of security for individuals investing in retail and corporate savings accumulated in a more favorable economic environment. In Hungary, the law is designed to ensure the rights and interests of investors protected by law through a detailed set of rules and the operation of the related monitoring, supervisory and enforcement organizations. The protection of client assets managed by credit institutions and investment firms is a fund established by two separate laws: the National Deposit Insurance Fund and the Investor Protection Fund are provided by the National Deposit Insurance Fund and the Investor Protection Fund, which, together with the additional insurances, provide financial assistance to clients in case of the occurrence of the biggest problems (winding-up procedures) to obtain their claims.

Keywords

market manipulation
illicit market manipulation
insider trading
stock exchange
financial instrument
price

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