On 17 June, MONEYVAL published the sixth follow-up report on Hungary, saying that Hungary has improved its measures for tackling money laundering and terrorist financing. It found Hungary to have improved its compliance with the FATF Recommendation 15 (new technologies, and re-rated from Partially Compliant to Largely Compliant.
Recommendation 8 (non-profit organisations) was also assessed, however this remained rated Partially Compliant. Out of the 40 FATF Recommendations, Hungary currently has 5 Recommendations rated Compliant, 33 Recommendations rated Largely Compliant, and 2 Recommendations rated Partially Compliant. However, Hungary’s onsite visit for their Mutual Evaluation report will take place in April 2026, and therefore it has been granted removal from the fifth-round follow-up process.
https://rm.coe.int/moneyval-2024-3-hy-5thround-6thenhfur/1680b06af8
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