Turkey Aims to Empower Financial Crimes Board to Combat Illicit Transactions

Turkey Aims to Empower Financial Crimes Board to Combat Illicit Transactions

In a move to strengthen its financial oversight, Turkey has proposed granting enhanced powers to its Financial Crimes Investigation Board (MASAK). The initiative aims to enable the agency to freeze both bank and cryptocurrency accounts linked to suspected financial crimes. This proposal comes amid increasing concerns about money laundering, fraud, and other illicit financial activities […]

Turkey Aims to Empower Financial Crimes Board to Combat Illicit Transactions Read More »