Nov 8
New Developments in Cash Circulation Supervision – Should You Be Concerned?
As is known, the Ministry of Finance, in implementing the measures included in the Shadow Economy Reduction Plan for 2024–2027 aimed at limiting the circulation of cash, has prepared proposals to amend Cabinet Regulation No. 550 of 17 August 2021, “Regulations on the Procedure and Content of Suspicious Transaction Reports and Threshold Declarations.” According to these proposals, credit institutions and other payment service providers will, within three months after the entr
