Statement from the Ministry of Treasury and Finance on FATF
It was announced that Turkey complies with FATF recommendations and does not have strategic deficiencies in combating illicit financing.
The Financial Crimes Investigation Board of the Ministry of Treasury and Finance announced that Turkey is compliant with 38 of FATF's 40 recommendations, registering that there is no risk of being placed on the grey list.
Statement Regarding Grey List Risk
In an official statement made by the Financial Crimes Investigation Board of the Ministry of Treasury and Finance, it was shared that Turkey has no grey list risk.
Rate of Complied Recommendations
As a result of the evaluations, it was officially registered through reports that Turkey is fully compliant with 38 of the 40 recommendations determined by FATF.
Developments in the Field of Combat
It was reported that there are no strategic deficiencies in the fight against money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction.
Enhanced Follow-up Process
While the published report included Turkey's policies to prevent illicit financing, it was stated that defense mechanisms have been strengthened and that the country continues to remain in the enhanced follow-up process.