Video commentary: Turkey to join BRICS, to be removed from FATF Gray List

In a sudden policy decision, Turkey announced her bid to join the new expanded BRICS club. Why? There is more than meets the eye here.


On Friday, 28 June, Financial Action Task Force voting committee will probably certify Turkey’s compliance with its rules to combat money laundering. This potential development has been covered in many platforms, but Real Turkey Channel adds a few invisible areas where a clean bill of health from FATF will help. The video also raises questions about Turkey’s compliance with US’ secondary sanctions regime and whether authorities are serious about combatting narco-trafficking.


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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and and has contributed to the financial daily Referans and the liberal daily Radikal.