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ARTICLE · 20 FEBRUARY 2023

FCIB Simplified The Identification Procedure For Earthquake Victims

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With the Communiqué (Serial No: 23) Amending the General Communiqué of the Financial Crimes Investigation Board (Serial No: 5) prepared by the Ministry of Treasury and Finance and published in the Official Gazette …

TurkeyFinance and Banking
Nusret Çetin
Nusret Çetin
Elif Çopur Çelebi
Elif Çopur Çelebi
Burak Çelebi
Burak Çelebi
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A. INTRODUCTION

With the Communiqué (Serial No: 23) Amending the General Communiqué of the Financial Crimes Investigation Board (Serial No: 5) ("Amending Communiqué") prepared by the Ministry of Treasury and Finance and published in the Official Gazette dated 11.02.2023 and numbered 32101, a provisional article has been added to the General Communiqué of the Financial Crimes Investigation Board (Serial No: 5) ("Communiqué"). The full text of the Amending Communiqué is available here.

The Communiqué regulates the simplified measures to be complied with within the scope of customer recognition by obligors under the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism published in the Official Gazette dated 09.01.2008 and numbered 26751 ("Regulation"). With the provisional article added to the Communiqué by the Amending Communiqué, certain flexibilities have been introduced to facilitate the implementation of the identification

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