Financial regulation
Mali: Serbia receiving international confirmation it is on right track
BELGRADE - Serbian Finance Minister Sinisa Mali said on Monday a conclusion by the Council of Europe money laundering watchdog MONEYVAL that Serbia had made progress on development of an anti-money laundering and terror financing system confirmed the country was on the right track.
The conclusion is included in the latest MONEYVAL report, published earlier in the day.
Cash slipping into Cyprus via customs
Cyprus' Customs Department, along with the island's Unit for Combating Money Laundering (MOKAS) and the police, addressed the issue of money laundering controls in the Republic of Cyprus during a session held on Wednesday by the Parliamentary Institutions Committee.
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Türkiye set to be removed from ‘gray list’: Şimşek
Türkiye has successfully completed technical studies to be removed from the Financial Action Task Force's (FATF) gray list, Treasury and Finance Minister Mehmet Şimşek has said.
The process will be finalized with an on-site assessment to be conducted in June, the minister wrote on X, formerly Twitter.
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Higher education body warns students against fraudsters
The Higher Education Council (YÖK) has collaborated with the Financial Crimes Investigation Board (MASAK) to inform students about the dangers they may face if their bank accounts are used for illegal purposes.
Cypriot brokerage caught up in French probe denies Prigozhin ties
A Cypriot brokerage firm caught up in an investigation by French prosecutors probing financial transfers possibly tied to Yevgeny Prigozhin on Wednesday denied it had ever had direct relations with the late Wagner mercenary chief.
Major police operation; 19 people got arrested in Belgrade
As the Kurir writes, referring to its sources, they are suspected of money laundering. According to unofficial information, the owners of private companies and agencies were arrested.
Blic, on the other hand, learns that the detainees are suspected of having laundered over 350 million dinars and are charged with the criminal offense of money laundering.
Legal reform to include regulation on influencers
Amid the investigations into money laundering and tax evasion targeting numerous influencers, the ruling Justice and Development Party (AKP)'s comprehensive 60-article judiciary bill to be submitted in the upcoming year will include regulations addressing high-profile accounts suspected of criminal activities.
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Ministry increases inspections on beauty centers
Following the arrest of Dilan Polat over money laundering and tax evasion, inspections of beauty centers have increased, with the Health Ministry starting additional inspections by assigning six teams across the country's 81 provinces.
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Recent probes deal blow to beauty sector
The recent investigations targeting influencers who own beauty centers have cast a shadow on the business, leading to an 80 percent decline in operations across the country, a sector representative has said.
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Monetary tightening, simplification yielding results: Erkan
The steps taken within the scope of monetary tightening and the simplification of the macroprudential framework are showing their positive effects, Central Bank Governor Hafize Gaye Erkan has said.