01759cas a2200241 a 4500 AALejournalIMF003815 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451818031 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Hungary : Financial Sector Assessment Program; Detailed Assessment of Standards and Codes - Anti-Money Laundering and Combating the Financing of Terrorism. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (102 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents an assessment of Hungary's antimoney laundering (AML) and combating the financing of terrorism measures. The Hungarian authorities have made significant progress in strengthening their AML regime. The most important step has been the passage of a revised AML Act of 2003, replacing the 2001 revision of the original 1994 AML Act. With this, the legislative framework for AML is in place, and has been extended to nonfinancial businesses and professions. Financial institutions' compliance with the AML requirements is well supervised, and they are well aware of their obligations under the Act. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/348 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/348/002.2005.issue-348-en.xml IMF e-Library