Türkiye's progress in strengthening measures to tackle money laundering and terrorist financing

0 July 2023 - Türkiye has taken positive steps towards improving its AML/CFT regime.

As a result the country has been re-rated on six recommendations:

• Recommendations 8, 22 and 28 are re-rated from Partially Compliant to Largely Compliant
• Recommendation 12 is re-rated from Non Compliant to Compliant
• Recommendation 15 is re-rated from Largely Compliant to Partially Compliant
• Recommendation 26 is re-rated from Partially Compliant to Compliant

The three follow-up reports and subsequent re-ratings since the 2019 assessment of Türkiye’ s AML/CFT framework highlight the progress that Türkiye has made to strengthen its measures to combat money laundering and terrorist financing.

Türkiye now only has one Recommendation left rated PC (R.15) and no recommendations rated NC.

Türkiye will report back to the FATF on progress achieved in improving the implementation of its AML/CFT measures in its 5th round mutual evaluation.