Supervisors shall conduct AML examinations of reporting entities' compliance with specified obligations. Regulatory bodies shall conduct AML examinations on the basis of a risk-based approach.
If violations, negligence, or deficiencies are found during examinations, fines are imposed on companies and employees.
The latest amendments to the Turkish AML Law gradually increased the fines to be imposed and detailed the penalties. It has also been stipulated that in the event of a penalty being imposed on the reporting entity in relation to training, internal audit, control, and risk management systems, one-quarter of that penalty will be imposed on the responsible board member.
According to the latest update of the regulation, the cancellation of the operating license of the notifiers who do not gradually take care of the deficiencies in the given time may be on the agenda.
AMLTHINK olarak, MASAK mevzuatına uyum kapsamında mevcut durumunuzu analiz ediyor, risklerinizi belirliyoruz.
Olası denetimlerde idari para cezasına maruz kalmamanız amacıyla risklerinizin yönetiminde uyum danışmanlığı hizmeti veriyoruz.
Uyum süreçlerinizi, dünyadaki iyi uygulamaları göz önünde bulundurarak güçlendiriyor ve iyileştiriyoruz.
Your AML risk management is ensured by the AMLTHINK system. In the event of any problems, you can call on AMLTHINK support.