Newsroom Action against Money Laundering Türkiye
Authorities strengthen data use to fight against money laundering and financing of terrorism
Authorities in Türkiye are stepping up efforts to use data more effectively in the fight against money laundering and financing of terrorism with a focus on improving investigations, prosecutions and asset recovery. At a workshop held in Antalya, representatives from key national institutions,...
Authorities Expand Knowledge on Asset Declaration Systems for Public Officials
Türkiye is improving its supervision of public officials' financial declarations through a workshop focusing on comparative regulatory, policy and institutional arrangements for financial disclosure systems for public officials and the verification of data. The event gathered representatives from...
Key agencies in Türkiye explore tools for asset recovery
Türkiye is enhancing its capacity to apply available asset recovery instruments through a two-day training event aimed at enhancing practical skills and interagency co-ordination. The training brought together participants from the Ministry of Treasury and Finance, the Financial Crimes...
Strengthening Financial Investigations and Prosecution of Major Economic Crimes in Türkiye
Türkiye has taken another step toward strengthening its response to money laundering and major economic crimes, as financial oversight and law enforcement institutions enhanced their investigative and prosecutorial capacities during a two-day Council of Europe training in Ankara. The event...
Strengthening Risk-Based Audits and Sanctioning in the Non-Profit Organisation Sector
Thirty-six representatives from the Ministry of Treasury and Finance, the Financial Crimes Investigation Board of Türkiye (MASAK), the Ministry of Interior, the Directorate General for Relations with Civil Society, and law enforcement agencies strengthened their skills in applying risk-based...
Enhancing Transparency and Accuracy of Beneficial Ownership Data in Türkiye
The European Union and Council of Europe “Action against money laundering in Türkiye”, in co-operation with the Financial Crimes Investigation Board (MASAK), held a workshop in Ankara to support ongoing domestic efforts to enhance the transparency and reliability of beneficial ownership (BO) data...
Egmont Group Strategic Analysis Course provided to the Financial Crimes Investigation Board of Türkiye
The Council of Europe organised a four-day “Egmont Group Strategic Analysis Course” in Ankara from 16 to 19 December, for the 25 representatives of the Financial Crimes Investigation Board (MASAK), Financial Intelligence Unit of Türkiye (FIU). The main objective of the course, delivered by the...
Discussing effective approaches for setting-up effective Asset Recovery Offices and asset sharing mechanisms
The Council of Europe organised a workshop on “Comparative Practices on Setting up and Functions of Asset Recovery Office and Asset Sharing in the European Union Member States” on 2-3 July 2024 in Ankara, Türkiye. The event brought together representatives of Türkiye’s Financial Crimes...
Turkish Authorities Discuss Comparative Practices for Conducting On-site Supervision of Financial Institutions
Joint European Union and Council of Europe “Action against money laundering in Türkiye” has been working on strengthening capacities of authorities of Türkiye in the area of prevention of money laundering (ML). Within that framework and in co-operation with the Financial Crimes Investigation...
Authorities in Türkiye enhance understanding of comparative practices for mitigating money laundering risks from virtual assets and virtual assets service providers
Joint European Union and Council of Europe “Action against money laundering in Türkiye” has been working on strengthening capacities of authorities of Türkiye in the area of prevention of money laundering (ML). In that framework and in co-operation with the Financial Crimes Investigation Board...
Training on new money laundering trends and patterns, and development and use of financial intelligence
The FATF standards require that financial intelligence and other relevant information be used appropriately by competent authorities for investigating money laundering, and that money laundering activity being investigated and prosecuted be consistent with the country’s threats and risk profile...
New Actions against Economic Crime Launched in the Western Balkans and Türkiye
In January 2023, the Council of Europe began the implementation of the third phase of the European Union and Council of Europe Joint Programme ‘Horizontal Facility for Western Balkans and Türkiye’. The Horizontal Facility is a co-operation modality developed by the Council of Europe and the...