European Central Bank 5 April 2012, Opinion of the European Central Bank of 5 April 2012 on amendments to the Law on the Magyar Nemzeti Bank (CON/2012/26)

EN ECB-PUBLIC OPINION OF THE EUROPEAN CENTRAL BANK of 5 April 2012 on amendments to the Law on the Magyar Nemzeti Bank (CON/2012/26) Introduction and legal basis On 7 March 2012, the European Central Bank (ECB) received a request from the Hungarian Ministry for the National Economy for an opinion on a draft law amending Law CCVIII of 2011 on the Magyar Nemzeti Bank1 (hereinafter the ‘draft law’).