Correction of Newsflash on FTT and STT rates

In our Newsflash of 11 July, 2024 on the change in transaction tax rates in Hungary, we incorrectly reported the rate increase of the Financial Transaction Tax (FTT). Correctly, the rate will increase to 0,45% per transaction from 1 August, 2024 (and not “by” 0,45%).

Please refer to the relevant Newsflash on our website at the following link:

Increase of FTT and STT rates in Hungary | Custody | UniCredit Group

We apologise for any inconvenience caused.

Impact on investors: For information purposes