The Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism, or Moneyval, published a 4th enhance follow-up report and technical compliance re-rating on Hungary’s anti-money laundering and counterterrorist financing regime.
The Hungarian National Bank announced that the World FinTech Festival in Budapest will be held on Dec. 8-9, 2020, in collaboration with Singapore FinTech Festival 2020, the world’s largest financial technology event.
Financial Times correspondent Tom Burgis spoke to senior reporter Koos Couvée about modern kleptocrats, the extent to which they have united their efforts, and aided by top attorneys and secret offshore finance, penetrated “rule of law” states in the West.
The European Commission officially censured Spain, the Netherlands and six other nations Wednesday for failing to transpose the EU’s latest anti-money laundering directive, 5AMLD, into national laws and regulations in time.
0 Items Found
|Compliant : 5||High : 0|
|Largely Compliant : 29||Substantial : 2|
|Partially Compliant : 6||Moderate : 5|
|Non-Compliant : 0||Low : 4|
Hungary's technical compliance was re-rated in a May 26, 2021 follow-up report
|Rank : 81/141|
|Score : 4.99/10|
|Rank : 70/180|
|Score : 44/100|
|Rank : 75/133|
|Score : 54/100|