pénzmosásellenes

Pénzmosásellenes, a Hungarian term, translates to "anti-money laundering" in English. It refers to the legal and regulatory frameworks designed to prevent individuals and organizations from disguising the origins of illegally obtained money, making it appear as legitimate income. This involves a set of procedures and measures implemented by governments and financial institutions worldwide.

The core objective of anti-money laundering efforts is to disrupt the financial flows of criminal enterprises, including drug trafficking, terrorism, fraud, and corruption. Key components of pénzmosásellenes include customer due diligence, where financial institutions verify the identity of their clients and assess the risk associated with their transactions. Suspicious transaction reporting is another crucial element, requiring entities to report any activity that appears unusual or potentially linked to illicit activities to the relevant authorities.

In Hungary, pénzmosásellenes is governed by specific legislation, primarily Act LIII of 2017 on the prevention of money laundering and terrorist financing. This act outlines the obligations of obliged entities, such as banks, insurance companies, and real estate agents, and establishes the supervisory and enforcement powers of national authorities. International cooperation plays a vital role, with countries sharing information and coordinating efforts to combat cross-border money laundering schemes. The success of pénzmosásellenes is critical for maintaining the integrity of the financial system and ensuring economic stability.