The secure and prudent operation of the financial sector is inconceivable without combating money laundering and terrorist financing (abbreviated in English as AML/CFT). This objective is served by the latest Recommendation No. 1/2026 (II.24.) of the Magyar Nemzeti Bank (MNB), which sets out in detail the duties, responsibilities, and related internal procedures of officers working in this field.
Although the topic is highly complex from both a legal and professional perspective, this article summarizes, in an accessible manner, the most important changes and expectations, which primarily affect credit institutions and financial service providers. The purpose of the recommendation is to make the application of the law more predictable and to standardize expectations across domestic financial institutions.
















