Ministry of Treasury and Finance Cracks Down on Unauthorized Currency Exchange Offices: 859 Businesses Closed

Ministry Combats Informal Currency Exchange The Ministry of Treasury and Finance has intensified its efforts to protect financial market stability and combat the informal economy by targeting unauthorized currency exchange offices.
Since 2018, a total of 859 businesses operating without the necessary permits have been shut down.
Inspections have gained momentum in recent years, with closure and sanction decisions issued for 193 businesses in 2024 and 147 businesses in 2025.
The Ministry emphasized that these inspections will continue uninterrupted to ensure transparency within the financial system.
Penalties and 2026 Objectives Aiming to increase deterrence, the Ministry has updated the sanctions for those acting in violation of regulations.
As part of these measures, the minimum administrative fine to be applied starting in 2026 has been set at 719,000 TL.