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Ergün Avukatlik Bürosu

LEVENT LOFT, C BLOK NO: 123, LEVENT, ISTANBUL, TURKEY
Tel:
Work +90 212 280 60 91
Fax:
Fax +90 212 280 90 91
Email:
Web:
https://www.cergun.av.tr
Ankara, Levent

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Turkey

Offices in Ankara and Levent

Legal Developments by:
Ergün Avukatlik Bürosu

  • Launch of the Legislative Framework for Interest-Free Insurance Systems

    Within the context of the 10th Development Plan of the Ministry of Development and the 64th Government Program, aiming to develop interest-free finance mechanisms, the Banking Regulation and Supervision Agency is currently working to finalize a draft bill regulating the interest-free financing principles under a single roof. As part of such initiative, the Regulation on Principles and Procedures relating to Participation Insurance (the “Regulation”) was published in the Official Gazette on September 20, 2017. The Regulation has entered into force 3 months following its publication; i.e., on December 20, 2017.
    - Ergün Avukatlik Bürosu

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