In its new report published today, MONEYVAL welcomes that the number of investigations and prosecutions for money laundering in Hungary are on the rise. However, it considers that the fight against money laundering is not a priority objective.
The report analyses the implementation by Hungary of international standards against money laundering and terrorist financing since the country’s last evaluation in 2010. Hungary is to report back to MONEYVAL in December 2017 about the implementation of its recommendations under enhanced follow-up procedures.
