The registration obligation depends on headcount and annual balance sheet thresholds set by Board decisions and on the field of activity. Failure to register may result in an administrative fine; current thresholds should be checked in Board decisions.
Related terms
Data controllerThe natural or legal person who determines the purposes and means of processing personal data and is responsible for establishing and managing the data filing system.Personal Data Protection Law (KVKK)Law No. 6698, which governs the protection of fundamental rights and freedoms in the processing of personal data and the obligations of data controllers.Compliance auditAn examination of whether an organisation's activities are carried out in accordance with the relevant laws, regulations, contracts or internal rules.Compliance officerThe authorised person responsible for running the compliance programme for the prevention of money laundering and terrorist financing at an obliged entity.Compliance programmeThe full set of policies, procedures, controls, training and monitoring activities an organisation puts in place to ensure compliance with laws and internal policies.COSOThe organisation that publishes the most widely accepted frameworks for internal control and enterprise risk management, and the general name for those frameworks.
Last updated: October 22, 2026 · This definition is for general information only.