Also on 14th February, the Council of Europe published an update report from December 2018 on Hungary and it’s AML/CFT framework. MONEYVAL has re-rated the country on 2 FATF Recommendations originally rated as “partially compliant”. MONEYVAL has re-rated Hungary on Recommendations 5 (terrorist financing offence) and 28 (regulation and supervision of DNFBP). These Recommendations are now re-rated as “largely compliant”. MONEYVAL decided that Hungary will remain in enhanced follow-up and will continue to report back to MONEYVAL in December 2019 on further progress to strengthen its implementation of AML/CFT measures.