Key takeaways from the operation include:
➡️ 232 suspects were arrested including high value targets;
➡️ Over €300m of assets were seized in Türkiye and Europe; and
➡️ The investigation spanned multiple jurisdictions with Authorities in Belgium, Netherlands, France, Germany, and Spain.
✅ Firms operating across multiple European jurisdictions should ensure their AML/CTF frameworks are consistently robust, minimising the risk of threat actors exploiting regulatory gaps between jurisdictions.