Financial Markets Compliance and Client Onboarding

Client onboarding processes for financial services firms are no longer merely an operational requirement — they are a regulatory obligation. We design and implement KYC/KYB programmes to international standards for domestic and international financial institutions.

Why KYC and KYB Matter

Under MASAK, BDDK and SPK regulations, financial firms are required to know and verify their customers. An inadequate client onboarding process creates both regulatory enforcement and reputational risk. A well-designed KYC/KYB programme enhances both compliance and operational efficiency.

Our Services

• KYC (Know Your Customer) policy and procedure design
• KYB (Know Your Business) corporate client verification processes
• Risk-based customer classification model development
• Onboarding document and form design
• AML/CTF compliance programme preparation and internal audit
• MASAK suspicious transaction reporting (STR) procedures
• Turkey compliance adaptation for international financial firms
• Gap analysis and improvement of existing KYC processes
• Compliance team training and awareness programmes

For International Financial Firms

International financial institutions seeking to operate in Turkey must meet local MASAK and BDDK requirements in a manner compatible with international FATF standards. We specialise in Turkey compliance adaptation for overseas firms.

Regulatory Filings

We manage the full process for MASAK notification obligations, BDDK licensing applications and SPK registration, from preparation of the application file through to regulatory meetings.