Guide For Reporting Suspicious Transactions By Crypto Asset Service Providers, Suspicious Transaction Reporting Form And MASAK Online System Updated

Pursuant to Law No. 5549 on the Prevention of Laundering Proceeds of Crime, those defined as obligated parties are required to report suspicious transactions to the Financial Crimes Investigation Board ("MASAK") Presidency. In this context, Communiqué No. 13 issued by MASAK stipulates the procedures and principles for reporting suspicious transactions and provides that the MASAK Presidency may issue general and sector-specific guides for reporting suspicious transactions.

On 18 April 2022, the MASAK Presidency published the first version of a Suspicious Transaction Reporting Guide specifically for Crypto Asset Service Providers. In an announcement made on 23 July 2024, it introduced the second version of this guide, which came into effect on 26 July 2024.