MASAK
Also called: Mali Suçları Araştırma Kurulu · Financial Crimes Investigation Board
Türkiye's financial intelligence unit, under the Ministry of Treasury and Finance, responsible for combating money laundering and terrorist financing. It receives suspicious transaction reports, sets compliance obligations for reporting entities and implements asset-freeze decisions.
In practice
Foreign trade transactions with unusual payment structures can trigger bank inquiries tied to MASAK obligations, so trade documents should match payment flows.
Applies to: 
Türkiye
Related terms
- Sanctions
- Measures adopted by states or the UN to influence or constrain specific countries, entities or individuals, including asset freezes, import and…
- Restricted party screening
- Checking customers, suppliers, carriers and other parties to a transaction against official lists of sanctioned, denied or restricted persons, such…