Crime watchdog FATF to visit Turkey after 'grey list' exit, sources say |
By Ebru Tuncay and Can Sezer
ISTANBUL (Reuters) -A team from the international crime watchdog FATF will evaluate Turkey this month after removing it from its "grey list" last year for progress made in fighting money laundering and the funding of terrorist activity, five sources said.
Turkey has to show it is meeting commitments or it risks returning to the grey list of countries that require special scrutiny, which would dent its improving financial credentials.
The Financial Action Task Force's (FATF) visit, which could last up to three weeks, includes meetings November 24-28 with the Financial Crimes Investigation Board (MASAK), banks, payment service firms and other entities in the big emerging........