In recent times, the sales of thinly sliced gold have increased. The Ministry of Treasury and Finance has taken action to prevent the grievances caused by sliced gold. In order to prevent abuses related to sliced gold, which has seen an increase in buying and selling in recent times, the Ministry of Treasury and Finance has initiated efforts. The Ministry is conducting various studies to combat off-the-record economic activities more effectively in line with the financial sector’s reliability and Turkey’s compliance with Financial Action Task Force (FATF) standards. Steps will also be taken towards the precious metal sector within this scope. Following the regulations made for printed precious metals, an increase in sales of products described as drawn gold or sliced gold, which are created by turning gold into thin strips and cutting or processing it in various shapes, has been observed. Due to the sale of very small amounts of gold in this way and the lack of any standard, it was evaluated that sales to consumers who buy for investment purposes were vulnerable to abuse. Legislation studies have been completed for the definition of this product without any standard and for determining the procedures and principles regarding buying and selling domestically. “ADDITIONAL STEPS WILL BE TAKEN” Minister of Treasury and Finance Mehmet Şimşek also stated that efforts to prevent off-the-record transactions in the precious metal market are being resolutely pursued by the Ministry and additional steps will be taken as studies are completed. Şimşek stated, “Just as we tighten our steps for preventing off-the-record transactions in sectors and businesses, we are also increasing surveillance on gold products to protect consumers. With our regulation, the aim is to eliminate uncertainties in the sector and increase compliance with international standards in gold trade.”