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Hungary’s SZTFH tightens anti-money laundering rules for gambling operators

Regulation

Hungary’s SZTFH introduced expanded anti-money laundering requirements for casinos, betting operators and online gambling from 20 August, according to a report. Operators must broaden risk assessments and customer checks; customers using at least HUF4 million in cash or virtual currency in one transaction are classified as high risk.

Operators face expanded customer due diligence and source-of-funds checks, including a defined high-risk transaction threshold.

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Regulation

AMLA completes three EU anti-money-laundering technical standards for July 2027

The EU Anti-Money Laundering Authority has completed three regulatory technical standards implementing the AMLR, which applies from 10 July 2027. The standards, now sent to the European Commission for approval, cover customer due diligence, the distinction between business relationships and occasional transactions, and group-wide AML controls. It was reported that 10 July 2027 is the AMLR application date, not confirmation that the individual standards will apply then.

The EU Anti-Money Laundering Authority (AMLA) has completed three regulatory technical standards (RTS) intended to supplement the EU anti-money-laundering framework. The texts have been sent to the European Commission for approval. The standards sit within implementation of the EU Anti-Money Laundering Regulation (AMLR), which applies from 10 July 2027, the report said.

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