Türkiye's FATF 5th Round Mutual Assessment Report Has Been Published

The Ministry of Treasury and Finance announced that Türkiye's Financial Action Task Force (FATF) 5th Round Mutual Evaluation Report was published on the FATF website today.

In the statement made by the Ministry, it was stated that the report comprehensively evaluated Türkiye's legislative infrastructure, institutional capacity and practices in the field of combating money laundering, related predicate crimes, financing of terrorism and financing of the proliferation of weapons of mass destruction.

In the evaluation regarding technical compliance, it was reported that Türkiye was found to be in compliance with 38 of FATF's 40 recommendations.

In the evaluation made in terms of effectiveness, it was noted that Türkiye was evaluated as "Significantly Effective" in 3 of the 11 Short-Term Outcomes (IO) and "Moderately Effective" in 8.

FATF's evaluation system examines both the technical compliance and practical effectiveness of countries in combating money laundering, the financing of terrorism and the financing of the proliferation of weapons of mass destruction.

In the Ministry's statement, it was stated that these results are an important indicator of the level Türkiye has reached.

It was stated that Türkiye has gradually strengthened its capacity to combat money laundering, financing of terrorism and the financing of the proliferation of weapons of mass destruction through legislative studies, institutional regulations and practices.

The statement said, "Accordingly, it has been clearly registered by the FATF that our country has no strategic shortcomings in the field of combating money laundering, related predicate crimes, financing of terrorism and the financing of the proliferation of weapons of mass destruction, and therefore there is no risk of a gray list."

Türkiye was removed from the increased monitoring process after FATF completed its action plan to eliminate its strategic deficiencies in its assessment in June 2024.

The Ministry stated that FATF evaluations are technical evaluation processes that aim to regularly review countries' systems of combating financial crimes within the framework of international standards and to continuously improve these systems.

It was reported that in the coming period, efforts to improve the issues identified in the report will be continued within the framework of the "Strategy Document for Increasing Effectiveness in Combating Laundering of Proceeds of Crime and Financing of Terrorism and Confiscation Practices in Türkiye (2026-2030)" and "Strategy Document for Increasing Effectiveness in Combating Financing of the Proliferation of Weapons of Mass Destruction in Türkiye (2025-2029)".