The Bill has come following the 2019 report on Turkey prepared by the intergovernmental body Financial Action Task Force (FATF) meant to fight money laundering and terror financing.
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The bill consists of 43 articles and has made changes to seven laws on Turkey’s Law of Associations and is meant to keep Turkey from being blacklisted by the Paris-based watchdog of terror financing.
The Bill gives the Turkish government the power to appoint trustees to non-governmental organisations (NGOs), to suspend their activities, seize their assets and monitor their sources of funding.
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