What are the KYC requirements in Turkey?

Turkish KYC requirements are set by Law No. 5549 and MASAK. All obliged entities must verify customer identity, conduct CDD, apply risk-based monitoring and retain records for eight years. KYC Turkey compliance requires documents including TC Kimlik Kartı, Turkish national ID alternatives, passport and foreigner ID card for non-citizens. eKYC Turkey solutions using NFC chip verification accelerate identity verification while meeting BDDK and MASAK standards.

What is MASAK and what does AML compliance Turkey require?

MASAK is Turkey's Financial Intelligence Unit under the Ministry of Treasury and Finance. AML compliance Turkey obligations require financial institutions to conduct CDD, submit suspicious transaction reports via the MASAK Online system, maintain eight-year records and appoint a compliance officer at senior management level. MASAK compliance applies to banks, payment providers, crypto platforms and all obliged entities.

How does KVKK compliance affect KYC data handling in Turkey?

KVKK (Law No. 6698) requires all data controllers to register with VERBIS before processing personal data. KYC data is classified as personal data and must be encrypted, purpose-limited and subject to data subject access rights. KVKK compliance means cross-border transfers require equivalent protection standards. Turkish identity verification Turkey must align with both KVKK data protection and AML compliance requirements.

What documents are accepted for Turkish national ID KYC verification?

Primary documents for Turkish national ID KYC include TC Kimlik Kartı and Turkish Passport. Secondary documents include Sürücü Belgesi, Yabancı Kimlik Kartı and İkamet İzni for foreign nationals. Chip-based national ID cards with NFC receive preference. eKYC Turkey solutions support all 26 Turkish document types including biometric verification.

What are the KYB requirements for verifying Turkish businesses?

Turkish KYB verification requires Ticaret Sicil Gazetesi, Faaliyet Belgesi and Articles of Association for entity identity. Tax identity uses VKN. UBO identification is mandatory under Law No. 5549, requiring Ortaklık Yapısı, Pay Defteri and Gerçek Faydalanıcı Bildirimi documentation. KYB Turkey compliance includes verification of all beneficial owners at 25% ownership thresholds.

How does Shufti support crypto KYC Turkey compliance under CMB regulations?

Crypto KYC Turkey compliance is governed by CMB Law No. 7518, which requires platforms to obtain Capital Markets Board licences by June 2026. Shufti provides full KYC onboarding, jurisdiction verification for Travel Rule compliance, sanctions screening and eight-year record retention. Our crypto KYC Turkey solutions support CMB licence applications and post-licensing MASAK reporting obligations.

What is the data retention requirement for AML records in Turkey?

Law No. 5549 mandates eight-year retention of all AML records from the end of the business relationship. This covers KYC files, transaction records and STR documentation. AML compliance Turkey requires automated retention schedules and maintains audit-ready records for MASAK examinations and regulatory inspections.

How does Turkey's FATF membership affect AML compliance Turkey obligations?

Turkey has been a FATF member since 1991 and was removed from the grey list in June 2024 after addressing compliance gaps. Post-greylisting, MASAK and BDDK enforce heightened AML standards. FATF's 40 Recommendations guide Turkish AML policy and international correspondent banking expectations. AML compliance Turkey now requires demonstrable controls exceeding minimum standards.

What are the penalties for non-compliance with Turkish KYC and AML regulations?

Non-compliance with Turkish KYC and Law No. 5549 AML obligations results in administrative penalties and potential criminal sanctions. MASAK compliance violations attract fines; failure to maintain eight-year records, conduct proper KYC Turkey verification, or submit STRs results in enforcement action. Crypto platforms failing to obtain CMB licences by June 2026 face liquidation. Enhanced penalties apply to repeat violations.

Peru

Identity Verification & KYC For Peru

Shufti supports KYC, KYB, and AML compliance in Peru, aligning with DNI verification and identity verification in Peru, and regulatory requirements for financial institutions across the country.

Operational performance for Peru KYC

Our Numbers Speak Volumes

93.87%

Pass Rates

<5 sec

Verification
Time

99%

eIDV
Coverage

Evidence-Ready Checks Across People & Businesses

Individual Documents We Verify

Shufti supports 17 Peruvian document types.

View All Supported Documents

Documento Nacional de Identidad (DNI)

Peru's primary national identity document, issued by RENIEC, is used for all KYC workflows, account opening, and customer identity verification across regulated sectors in Peru.

Documento Nacional de Identidad Electrónico (DNI-e)

Electronic DNI with embedded biometric chip and ISO 7816 compliance; supports advanced liveness and face matching to prevent synthetic fraud and identity impersonation attacks.

Pasaporte Peruano

Issued by immigration authorities, ICAO-compliant with MRZ structure enabling reliable automated extraction for cross-border onboarding and international compliance workflows.

Permiso de Conducir

Driver's licence issued by MTC; incorporates biometric elements and anti-counterfeiting features; accepted as a secondary identity and address verification document in KYC.

Carné de Extranjería (CE)

Foreign resident card issued by immigration authorities to non-citizens; required document for foreign nationals onboarding and AML compliance in Peru in regulated industries.

Business Entity Identity

Certificado de Constitución

Company registration certificate from SUNARP confirming entity identity, legal status, registration number, and authority to operate in Peru under applicable law.

Articles of Association

Notarised public deed containing company objects, share capital, and administrative structure; essential for KYB compliance and beneficial ownership determination.

Business Tax Identity

Registro Único de Contribuyentes (RUC)

11-digit taxpayer identification number issued by SUNAT; mandatory for all formal economic activity; primary tax identity reference in KYB Peru workflows.

Ownership & Control (UBO)

Formulario 3800 (Beneficial Owner Declaration)

Submitted to SUNAT per Legislative Decree 1372; entities disclose beneficial owners holding 10% or more; required for AML compliance in Peru and UBO verification.

Shareholder and Partner Documentation

Ownership registries and certified shareholder agreements evidencing control structure are used to identify beneficial owners and support enhanced due diligence workflows.

Languages We Cover

Spanish Language And Latin Script

All Peruvian identity documents are issued in Spanish using Latin script; no transliteration complexity, enabling direct OCR extraction and reliable field-level validation.

Name And Address Standardisation

Peruvian documents follow standard Spanish naming conventions; address fields are standardised across RENIEC, SUNARP, and MTC registries to support reliable cross-system matching.

Evidence Consistency Across Steps

Shufti confirms the same user identity across document checks, biometric matching, and database lookups, preventing identity substitution between verification stages.

GOVERNANCE & CONTROLS

Audit-Ready Decisions, Lower Operational Drag

Fewer Avoidable Re-Submissions

Quality gates detect blurred DNI captures and low-light selfies before submission, reducing retry rates and evidence gaps in SBS-supervised onboarding workflows.

Cleaner Audit Trails

Decision outputs carry SBS and UIF-Perú-aligned reason codes; every check is logged in a reviewable trail that supports regulatory inspection and internal governance.

Better Cross-System Matching

Data from RENIEC, SUNARP, and SUNAT is normalised at extraction; name and entity mismatches are flagged before they reach the compliance queue.

One Workflow, One Back Office

KYC, KYB, and AML screening run in a single view; compliance teams manage customer identity verification in Peru and sanctions checks without switching between systems.

DNI-First Flow Design

Onboarding flows are structured around Peru's primary identity document; DNI verification in Peru is the default path, with biometric fallback and electronic chip support.

Enterprise-grade compliance infrastructure

Peru IDV/KYC Challenges

Document Format Fragmentation

Physical DNI, DNI-e, passports, and driver's licences carry varying layouts and security print. Consistent OCR and validation across all types requires country-specific extraction logic.

Database Fragmentation Risk

RENIEC, SUNARP, SUNAT, and MTC operate separate systems with limited cross-agency API access; manual cross-referencing increases onboarding friction and delays KYB timelines.

Identity Fraud And DNI Misuse

Identity fraud and document forgery pose ongoing risks in Peru, demanding strong liveness checks and biometric verification across onboarding and AML compliance Peru workflows.

High AML/CFT Compliance Burden

August 2023 AML amendments extended VASP obligations and tightened SBS screening requirements, raising audit-evidence demands for fintech and money laundering in Peru controls.

Shufti's IDV/KYC Solutions for Peru

KYC Solutions

Face Verification

Verify user identity against DNI, DNI-e, passport, or Permiso de Conducir through selfie-based biometric matching; detects impersonation and liveness spoofing during onboarding.

Age Verification

Selfie-based age estimation combined with document verification when required for age-gated products; meets gaming and fintech regulatory requirements across Peru's digital economy.

Address Verification

Shufti can verify any address-bearing document, including utility bills from Enel, Luz del Sur, SEDAPAL, Movistar, and Claro, and statements from BCP, BBVA Perú, and Scotiabank.

Document Verification

Verify DNI, DNI-e, Pasaporte Peruano, Permiso de Conducir, and Carné de Extranjería; automated OCR extraction with Latin script handling and anti-tampering security checks.

KYB Solutions

Business Verification

Reference the SUNARP registry to verify company registration, RUC Peru from SUNAT for tax status, and director identity; capture beneficial ownership per Legislative Decree 1372.

Enhanced Due Diligence (EDD)

Address enhanced due diligence Peru risk triggers for high-risk entities; structure audit-ready evidence packs aligned to SBS expectations and UIF-Perú reporting requirements.

AML Screening

Business AML Screening

Screen entities and controllers against Peruvian regulatory lists and global watchlists; cover PEP, sanctions, and adverse media relevant to AML Peru financial institutions' obligations.

Transaction Screening

Monitor transaction flows for structuring, layering, and high-risk jurisdiction patterns; maintain audit-ready records to support UIF-Perú suspicious transaction reporting.

REGULATORY ALIGNMENT

Built to Fit Peru's Compliance Landscape

Superintendencia de Banca, Seguros y Administradoras Privadas de Fondos de Pensiones (SBS)

Supervises banking, insurance, and pension entities under Law 26702. Shufti maintains audit-ready KYC trails and screening records for SBS regulatory review. Official Website: https://www.sbs.gob.pe/

Superintendencia del Mercado de Valores (SMV)

Regulates capital markets, collective investment schemes, and brokers. Shufti structures KYB evidence and approval records for SMV-supervised participant onboarding. Official Website: https://www.smv.gob.pe/

Unidad de Inteligencia Financiera de Perú (UIF-Perú)

Receives and analyses suspicious transaction reports under Law 27693, Peru. Shufti preserves evidence packs and goAML-ready artefacts for STR case preparation. Official Website: https://www.sbs.gob.pe/prevencion-de-lavado-activos

Autoridad Nacional de Protección de Datos Personales (ANPD)

Enforces Law 29733 and Decree 016-2024-JUS on personal data protection. Shufti applies encryption and retention controls aligned to ANPD safeguard obligations. Official Website: https://www.anpd.gob.pe/

Banco Central de Reserva del Perú (BCRP)

Governs monetary stability and issues regulatory guidance on financial system integrity. Shufti supports CDD and transaction monitoring for BCRP-supervised institution compliance. Official Website: https://www.bcrp.gob.pe/

Superintendencia Nacional de Aduanas y de Administración Tributaria (SUNAT)

Administers RUC registration and tax compliance under Peru's tax code. Shufti captures RUC identifiers and validates beneficial owner disclosures per Legislative Decree 1372. Official Website: https://www.sunat.gob.pe/

Instituto Nacional de Defensa de la Competencia y de la Protección de la Propiedad Intelectual (INDECOPI)

Enforces consumer protection and competition law. Shufti supports INDECOPI-aligned compliance by verifying business legitimacy and maintaining onboarding evidence records. Official Website: https://www.indecopi.gob.pe/

Ministerio de Transportes y Comunicaciones (MTC)

Issues and oversees Permiso de Conducir under the Sistema Nacional de Conductores. Shufti verifies driver credentials for gig economy and fintech platform compliance. Official Website: https://portal.mtc.gob.pe/

Deployment Choice

Available via on-premise deployment or nearest cloud regions in Brazil; no AWS, Azure, or GCP dedicated regions in Peru to meet enterprise data governance requirements.

Regulatory Alignment

Aligned to Law 29733, Decree 016-2024-JUS, and SBS Resolution 504-2021; ANPD and SBS enforce data protection and cybersecurity obligations for regulated entities in Peru.

Retention Controls

Configurable retention and purge settings aligned to Law 27693 Peru AML record-keeping obligations and the five-year minimum standard applied across GAFILAT member states.

Encryption Posture

Strong encryption applied to personal and financial data in transit and at rest; ISO/IEC 27001 recommended by ANPD; Shufti implements industry-standard cryptographic controls.

Data and Privacy Controls in Peru

BUILT FOR COMPLIANCE TEAMS

Peru AML Sources That Strengthen Decision

House of Representatives of Peru (PEP Level 1)

Superintendence of the Securities Market (SMV) Peru - Sanctioned Companies (Sanctions)

Ministry of Interior Peru (Warnings and Regulatory Enforcement)

Beneficencia de Lima (SIP)

El Comercio (Adverse Media)

La República (Adverse Media)

Perú21 (Adverse Media)

House of Representatives of Peru (PEP Level 1)

Superintendence of the Securities Market (SMV) Peru - Sanctioned Companies (Sanctions)

Ministry of Interior Peru (Warnings and Regulatory Enforcement)

Beneficencia de Lima (SIP)

El Comercio (Adverse Media)

La República (Adverse Media)

Perú21 (Adverse Media)

House of Representatives of Peru (PEP Level 1)

Superintendence of the Securities Market (SMV) Peru - Sanctioned Companies (Sanctions)

Ministry of Interior Peru (Warnings and Regulatory Enforcement)

Beneficencia de Lima (SIP)

El Comercio (Adverse Media)

La República (Adverse Media)

Perú21 (Adverse Media)

House of Representatives of Peru (PEP Level 1)

Superintendence of the Securities Market (SMV) Peru - Sanctioned Companies (Sanctions)

Ministry of Interior Peru (Warnings and Regulatory Enforcement)

Frequently Asked Questions

What are the KYC requirements in Peru?

Peru's KYC requirements under SBS and UIF-Perú mandate customer due diligence using valid identity documents, address verification, sanctions and PEP screening, and evidence retention for audit review.

What documents are needed for identity verification in Peru?

Primary documents include the DNI, Pasaporte Peruano, Permiso de Conducir, or Carné de Extranjería. DNI is Peru's universal identifier. Secondary documents, such as utility bills, verify the current address.

What is the DNI, and how is it verified with RENIEC?

The DNI is Peru's national identity document issued by RENIEC with biometric data and a unique 8-digit number. Shufti validates DNI authenticity via RENIEC checks, OCR extraction, and biometric matching.

What does RUC mean, and how is it used for KYB in Peru?

RUC is Peru's 11-digit taxpayer identification issued by SUNAT. For KYB Peru, it evidences tax registration and legal status. Shufti validates RUC, cross-references SUNARP, and screens entities against lists.

What are Peru's AML compliance obligations for businesses?

Law 27693 Peru mandates customer due diligence, transaction monitoring, STR reporting to UIF-Perú via goAML, sanctions screening, beneficial ownership verification, and five-year record-keeping minimum.

What is UIF Peru, and when must suspicious transactions be reported?

UIF-Perú is Peru's financial intelligence unit within SBS. Reporting is mandatory for transactions showing unusual patterns, structuring indicators, or sanctions involvement; reports are submitted via goAML.

Who are the key regulators for KYC/AML compliance in Peru?

Key regulators include SBS Peru (banking and insurance), SMV (capital markets), UIF-Perú (financial intelligence), SUNAT (tax), ANPD (data protection), and MTC (driver licences).

Does Peru regulate cryptocurrency exchanges for AML?

Yes. August 2023 AML regulations in Peru extended compliance obligations to virtual asset service providers, requiring customer due diligence, sanctions screening, and STR reporting under SBS and UIF-Perú oversight.

What penalties apply for non-compliance with Peru's KYC/AML laws?

SBS imposes administrative penalties ranging from warnings to licence revocation. Criminal penalties for money laundering in Peru include imprisonment and asset forfeiture under Law 27693 amendments.

Build a Peru-ready KYC, KYB & AML programme with Shufti

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PROVEN WORKFLOWS

Use Cases for Regulated Growth in Seychelles

Marketplace

Banking

Crypto

Fintech

Forex

Gaming

Gig Economy

Marketplace

Banking

Crypto

Fintech

Forex

Gaming

Gig Economy

Marketplace

Banking

Crypto

Fintech

Forex

Gaming

Gig Economy

Reduce Fraud Without Blocking Growth

Shufti supports marketplace integrity by verifying seller and buyer identities, enabling age-gated journeys where needed, and preserving evidence to support investigations, disputes, and risk-led enforcement actions.

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Secure Trust at Every Transaction

Automate KYC and AML workflows to reduce manual onboarding costs. Strengthen residency checks while delivering the frictionless digital experience modern customers expect.

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Scale Your Exchange with Confidence

Balance anonymity with compliance. Instantly verify user jurisdiction to meet Travel Rule obligations and help stop abuse without slowing down legitimate trading volume.

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Accelerate Growth, Eliminate Friction

Onboard users in seconds, not days. Deploy tiered address verification flows that maximise completion rates for genuine users while filtering out synthetic fraud.

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Onboard Global Traders in Real-Time

Verify investors across 250+ countries & territories. Ensure compliance with international financial regulations while preventing identity theft and high-risk chargebacks.

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Power a Fair & Secure Player Experience

Reduce bonus abuse and multi-accounting rings at the door. Enforce location rules and trigger step-up checks without disrupting the player journey.

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