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Turkiye, Hong Kong strengthen cooperation against financial crimes

The financial crime departments of Turkiye and Hong Kong boosted cooperation in money laundering on Wednesday, to help curb crime and terrorism financing.

The memorandum of understanding between the Turkish Financial Crimes Investigation Board (MASAK) and the Joint Financial Intelligence Unit (JFIU) of the Government of the Hong Kong Special Administrative Region came into force, according to an entry in Turkiye’s Official Gazette.

As part of the agreement, the two sides will exchange information on financial crimes.

Source: Anadolu Agency