PSZÁF
PSZÁF is the acronym for Pénzügyi Szervezetek Állami Felügyelete, which translates to the State Financial Supervision Authority in English. This was the former regulatory body responsible for overseeing financial services in Hungary. Established in 2000, its primary mission was to ensure the stability and integrity of the Hungarian financial market. PSZÁF supervised a wide range of institutions, including banks, insurance companies, investment firms, and pension funds.
The authority's responsibilities included licensing financial institutions, monitoring their compliance with laws and regulations, and taking
In 2013, as part of a significant restructuring of Hungary's financial regulatory framework, PSZÁF was merged