...Mihaly Tóth; István Lászlo Gál Discusses the history and procedural system of anti‐money laundering regulation in Hungary, which was the first of the former Warsaw Pact countries to accept regulations which established a legal background to the fight against money laundering, and to classify...

... authority, the National Bank of Hungary, the Hungarian Financial Supervisory Authority, and the Anti‐Money Laundering High‐Level Policy Co‐ordination Body. Concludes that the Hungarian financial sector remains vulnerable to money laundering, partly because of the country’s geographical location and also...