Politics

Turkey’s Simsek to attend FATF Singapore meet this month, source says

admin-dominor







Turkey’s Simsek to attend FATF Singapore meet this month, source says

















XM does not provide services to residents of the United States of America.

XM does not provide services to residents of the United States of America.

Reuters

Turkey’s Simsek to attend FATF Singapore meet this month, source says

Turkey’s Simsek to attend FATF Singapore meet this month, source says

ISTANBUL, June 12 (Reuters) –Finance Minister Mehmet Simsek will attend a meeting of the Financial Action Task Force (FATF) in Singapore in late June, where a decision is expected on June 28 on whether to remove Turkey from its “grey list”, a treasury source said.

A team from the FATF, an international crime watchdog, recently held meetings with Turkish authorities to assess progress in curbing the money laundering and terrorist financing concerns that prompted its downgrade in 2021.

Turkish officials have said they expect the FATF to upgrade Turkey at this month’s meeting.

Reporting by Ebru Tuncay;
Writing by Daren Butler;
Editing by Jonathan Spicer

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.