Overview Of The Intersection Between Digital Regulations And White Collar Crimes

Upon assessing the extent to which its laws, regulations and other legislation implement Financial Action Task Force's ("FATF") 40 Recommendations and 9 Special Recommendations ("Recommendations"), on July 20, 2023, FATF has published its second Follow-up Report and Technical Compliance Re-Rating for Turkiye ("2023 FUR") ¹. Since the publication of Mutual Evaluation Report ("2019 MER") on December 16, 2019 and the later publication of the first Follow-up Report on November 21, 2021 ("2021 FUR"), one particular area that Turkiye has been identified has been Recommendation 15, which is entitled the "New Technologies" section and effectively calls upon countries to identify risks associated with the development of new products and new business practices and the use of new or developing technologies for both new and pre-existing products. ²