The Financial Reporting Center had a productive meeting with Ziraat Bank to discuss anti-money laundering (AML) and countering the financing of terrorism (CFT) compliance.
Ziraat Bank’s commitment to work closely with the Financial Reporting Center (FRC) and comply with the country’s (AML/CFT) Act, as well as their reporting obligations, is commendable.
Financial institutions play a crucial role in safeguarding the integrity of the financial system and preventing illicit activities.
This will enhance vigilance against illicit financial activities by reporting suspicious transaction reports and monitoring large cash transactions. Such proactive measures contribute to the overall integrity of the financial system and help prevent misuse for criminal purposes.