The current Hungarian regulation of money laundering in the light of the expectations of the European Union

Abstract

The focus of the present study is on the domestic criminal law regulations on money laundering, which entered into force on 1 January 2021. Act XLIII of 2020 was a new conceptual modification of the criminal law regulation of money laundering. When drafting the regulation, the legislator had to take into account the requirements set out in the 6th Anti-Money Laundering Directive of the European Union. In the first part of the study, the regulation of the European Union of money laundering will be presented, after which, in the light of this, we will examine the crime of money laundering in the current Hungarian Criminal Code. Finally, the study provides a brief overview of the latest developments in the fight against money laundering