Hungary's progress in strengthening measures to tackle money laundering and terrorist financing

Moneyval 3rd Follow Up Report Hungary - 2019

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To reflect the progress made by Hungary, MONEYVAL has re-rated the country on one Recommendation. 

  • Recommendation 33 has been re-rated from partially compliant to largely compliant.

Hungary remains compliant on 6 of the 40 FATF Recommendations, largely compliant on twenty-eight and partially compliant on six of the 40 FATF Recommendations.

Hungary will remain in the enhanced follow-up process and will continue to report back to MONEYVAL on further progress to strengthen its implementation of AML/CFT measures.

 

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