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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
New Regulations from MASAK on Financial Transactions and Sanction Lists
The Financial Crimes Investigation Board has implemented new rules within the scope of combating crime revenues, introducing the ability to intervene in transactions on sanction lists and increasing transaction limits.
News
Economy