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MASAK Communiqué in the Official Gazette: Life Insurance and Electronic Money Limits Updated
With the new MASAK communiqué published in the Official Gazette, monetary limits on life insurance contracts, prepaid cards, and electronic money issuance have been increased. The regulation also aims to facilitate the tracking of United Nations Security Council decisions.
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Economy
Money Transfer and Notification Limits Updated with MASAK Regulation
With the MASAK regulation published in the Official Gazette, financial transaction notification processes for individuals and entities on sanctions lists have been accelerated, while various monetary limits have been increased.
News
Economy
