Turkey Loopholes on Terror Finance Risk OECD Blacklist
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Turkey has failed to tighten laws blocking financing of terrorist groups, and risks being put on a list of non-complying countries that includes Iran and North Korea, said academics and analysts from Istanbul to Washington.
The Financial Action Task Force sponsored by the Organization for Economic Cooperation and Development warned in June it would “call upon its members to apply countermeasures” against Turkey if rules weren’t tightened by October. Kenya and Myanmar are the other two countries at risk of joining the blacklist. The group meets in Paris today to address the issue.