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PodcastCompliance
AMLA: the EU's anti-money-laundering authority – part 2
What does the EU's new anti-money-laundering authority mean in practice? Dual supervision, customer due diligence — and where a property sale gets stuck because of it.
The episode is in Hungarian.
The episode, embedded:
This episode sits where compliance meets lending. The first half is about the regulation, the second about what someone buying a property or applying for a mortgage actually notices.
What we cover:
- dual supervision and data-driven monitoring
- the Hungarian tax authority's 101-question questionnaire
- customer due diligence, beneficial ownership, eight-year retention
- sanctions screening
- electronic signatures and digital files at the banks
- bank rejections, and the reporting duty above 20 million forints in cash
- foreign and sanctioned clients
- the role of AI, and the risk of automated decision-making under Article 22
of the GDPR
The episode description carries a timestamped chapter list if you want to jump to a specific part.