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Hungary Probes MOL Share Transactions for Insider Trading

Summary

  • Hungary's central bank is investigating MOL share transactions.
  • The probe focuses on potential violations of insider trading rules.
  • The investigation began after a report alleging suspicious activity.
Hungary Probes MOL Share Transactions for Insider Trading

The National Bank of Hungary has launched an inquiry into certain transactions concerning shares of the oil group MOL. This investigation was prompted by a report alleging potential insider trading activities.

The central bank is meticulously examining whether capital market transactions linked to MOL have contravened regulations on prohibited insider trading. As the official procedure is currently in progress, the bank has stated that it cannot provide additional information.

MOL has not yet responded to requests for comment on the matter.

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