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ARTICLE · 16 AUGUST 2023

FCIB Enabled Remote Customer Identification Process To Be Applicable To Legal Entities

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Ministry of Treasury and Finance published Communiqué on the Amendment of "General Communiqué of the Financial Crimes Investigation Board...

TurkeyFinance and Banking
Serra Sadik Hiziroglu
Serra Sadik Hiziroglu
Seda Köprülü
Seda Köprülü
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Ministry of Treasury and Finance published Communiqué on the Amendment of "General Communiqué of the Financial Crimes Investigation Board ("Communiqué No. 19")" (No.24) ("Amendment Communiqué") in the Official Gazette dated August 11, 2023 and numbered 32276 which entered into force as of the date of its publication.

What Changed with the Amendment Communiqué?

The Financial Crimes Investigation Board ("FCIB") regulates the procedures and principles regarding the remote identification methods to be used in order to verify the identity of the customer as per Communiqué No. 19, which was published in the Official Gazette dated April 30, 2021.In this context, the customers who are identified remotely are defined as "real person" or "real person merchant" with Turkish nationality under Communiqué No. 19.

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