Turkey's Removal from FATF Grey List: A Significant Milestone in Anti-Money Laundering Efforts

In a noteworthy achievement for Turkey, the country has been officially removed from the Financial Action Task Force's (FATF) grey list. This development comes after Turkey's inclusion on the list in 2021, due to shortcomings in its efforts to combat money laundering and terrorist financing. The removal is a testament to the significant reforms implemented by Turkey to strengthen its Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) systems.