For financial institutions, digital threats directly concern not only brand reputation but also obligations toward regulatory bodies. Phishing sites, fake ads, and account/IBAN rental schemes linked to illegal platforms affect both customer safety and the institution's regulatory compliance standing.
Why does it matter for TCMB, MASAK, and BDDK?
The expectations of Turkey's three main regulatory bodies align directly with digital monitoring activities:
TCMB (Central Bank of the Republic of Turkey) — Consumer Protection
Taking down phishing sites and negative content supports compliance with TCMB's communiqués on Consumer Protection and Remote Access Security.
MASAK (Financial Crimes Investigation Board) — Combating the Proceeds of Crime
Detecting illegal platforms and account rental schemes provides concrete data for suspicious transaction reporting and risk management processes under MASAK obligations. Detecting crypto wallet addresses and rented IBANs is especially valuable in this context.
BDDK (Banking Regulation and Supervision Agency) — Operational Risk Management
Digital risk management and brand reputation protection are processes that need to be carried out in line with BDDK's operational risk management standards.
Concrete data, concrete contribution
The reports Achernar provides are prepared with supporting evidence such as IP, domain, captcha, and timestamp data, in a form that can be submitted directly to compliance teams or audit processes. This allows institutions to adopt a proactive — not just reactive — risk management approach to digital threats.
Where should you start?
For institutions looking to incorporate digital monitoring into their compliance process, our recommendation is to first identify which platforms and risk types you're exposed on. Achernar's free preliminary analysis is a good starting point for taking this first step.
For more information on regulatory compliance, take a look at our Regulatory Compliance section.