New monetary limits established in the fight against crime revenues
With the decision published in the Official Gazette, the limits requiring identity verification in cash and precious metal transactions have been doubled.
New regulations prepared to prevent laundering of crime revenues and financing of terrorism have entered into force through the Official Gazette.
Decisions published in the Official Gazette
New legal regulations implemented to prevent the laundering of crime revenues and to combat the financing of terrorism have taken their place in the Official Gazette.
Increase in identity verification limits
The monetary limit requiring identity verification for transactions carried out in sensitive areas such as cash, foreign currency, and jewelry has been raised from 185 thousand liras to 370 thousand liras.
The identity verification limit that must be applied for certain other financial transactions in different categories has been increased from 15 thousand liras to 30 thousand liras.