A global watchdog has added Turkey to its list of countries requiring special regulatory oversight for failing to stop money laundering and terrorist financing
WASHINGTON—A global watchdog on Thursday added Turkey to its list of countries requiring special regulatory oversight for failing to stop money laundering and terrorist financing, a designation analysts say will rattle Ankara’s already shaky economy.
Turkey’s finance ministry called the action undeserved in a statement, saying that it had made progress in meeting FATF standards since its last review in 2019. The ministry said it would take all the necessary steps to remove the country from FATF’s list as soon as possible. The Turkish embassy in Washington didn’t respond to a request for comment.
“Given the other economic challenges that the country is facing, this is going to compound their economic crisis,” said Alex Zerden, a former U.S. Treasury official in both the Obama and Trump administrations.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Turkey arrests 15 for links to Israel’s MossadThose arrested are suspected of collecting information for the Israeli spy agency through Palestinian and Syrian nationals in Turkey.
Les mer »
CNN reporter's turkey trick on live TV stuns anchor - CNN Video'She needs to make a run for it.' CNN's Anna Stewart made some unexpected friends during a TV segment about supply chain issues from a Turkey farm in England.
Les mer »
Turkey signs energy, defence deals with Nigeria in first presidential tripPresident Erdogan met Nigerian counterpart Buhari at the Presidential Palace in Abuja, with both leaders vowing to deepen ties and cooperation.
Les mer »
7 easy ways to build office relationships and improve company cultureRemote work can take a toll on company culture — here are 7 ways to strengthen your work relationships (via Inc)
Les mer »