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  • Article

    Obligation Of Exchanging Portion Of The Export Prices To The Banks Has Been Raised Up To 40%

    With the instruction dated 15.04.2022 of the Ministry of Treasury and Finance, at least 40% of the export price, which are assigned to EPCA or FEPC, is now mandatory to sell to the bank which regulates the IBKB or DAB from 18.04.2022
    TurkeyFinance and Banking
    CottGroup
    CottGroup
  • Article

    Press Release Of BRSA Regarding The Restriction On Swap And Other Similar Transactions

    On 13.08.2018, the BRSA has announced that a restriction has introduced on the Swap and other similar transactions conducted between the banks operated in Turkey and their foreign counterparties.
    TurkeyFinance and Banking
    Erdem & Erdem Law
    Erdem & Erdem Law
  • Article

    Tax Payments Will Not Be Made Via Private Banks

    Within the scope of Ministry of Treasury and Finance Revenue Administration Directorate Protocol dated 26.11.2019 and numbered 92467168 – 030.03
    TurkeyFinance and Banking
    CottGroup
    CottGroup
  • Article

    The Application Period Of The Exceptions As To Calculation Of Foreign Exchange Losses Has Been Extended Until 1 January 2027

    The Communiqué Amending the Communiqué on the Procedures and Principles Regarding the Application of Article 376 of the Turkish Commercial Code No. 6102 ("TCC") ("Amendment Communiqué")...
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    The Communique Regarding Decree No. 32 On The Protection Of The Value Of Turkish Currency Has Been Amended

    A Communique published in the Official Gazette No. 31814 dated 19 April 2022 ("Amendment"), has amended the Communique on Decision No. 32 on the Protection of the Value of Turkish Currency...
    TurkeyFinance and Banking
    CBC Law
    CBC Law
  • Article

    The Limit For Severance Payment Has Been Increased To TRY 64,948,77

    Severance payment limit has been increased with the Circular on Financial and Social Rights dated 6 January 2026 and numbered 27998389-010.06.02-4481518...
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    The RUSF Rate Applied On The Loans Provided By The EBRD And The IFC Has Been Set To Zero

    The resource utilization support fund (RUSF) rate has been set to zero for the loans provided by the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation...
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    The Transition Period To Comply With The New Payment Services Legislation Extended Until 30 April 2023

    On 1 December 2021, the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers and the Communique on Information Systems of Payment and Electronic Money Institutions and ...
    TurkeyFinance and Banking
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Turkey's Capital Markets Boards Amends Disclosure Rules For Material Events

    Turkey's Capital Markets Board has amended its rules for material events to address needs which have arisen in practice.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey's Central Bank Updates Rediscount And Advance Interest Rates

    Turkey's Central Bank has updated discount interest rates for commercial papers with expiry periods of three months or more. The revised rates are 8.75% for rediscount transactions and 9.75% for advance transactions.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey Caps Instalment Payment Schemes For Retail Sales

    Instalment payment schemes are now prohibited for retail jewellery sales.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey Further Liberalizes Its FX Regime

    The Turkish Council of Ministers has relaxed restrictions on exporting Turkish lira and foreign currencies.
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Turkey Increases Deferment Interest Rates And Default Interest For Public Receivables

    The new interest rate will apply to applications made after 6 September 2018.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey Reduces Provisioning Requirements For Finance Companies

    On June 26, 2015, the Turkish Banking Regulation and Supervision Authority ("BRSA") amended the Regulation on Accounting Principles and Financial Statements of Financial Leasing, Factoring and Finance Companies and the Regulation on Establishment and Working Principles of Leasing, Factoring and Finance Companies.
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Turkey Relaxes Restrictions On Credit Card And Consumer Loan Installment Payment Plans

    The four-month installment limit remains in place for jewelry purchased using consumer credit cards.
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Turkey Tightens Monitoring Of Capital Outflows

    Under the communiqué, the Treasury has tightened the procedures to export Turkish lira and foreign currency...
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Turkish Lira Borrowing Restrictions Lifted

    With its decision dated 6 February 2025 and numbered 11145 (the "New Decision"), the Banking Regulatory and Supervisory Authority repealed its decisions dated 24 June 2022 and numbered 10250...
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Türk Sermaye Piyasasındaki Son Gelişmeler – Mart 2023

    Bu ayki bültenimizde Sermaye Piyasası Kurulu tarafından yayınlanan son gelişmeleri özetledik ve Mart ayı içerisinde onaylanan ihraçları derledik.
    TurkeyFinance and Banking
    Gen Temizer Erdogan Girgin Attorney Partnership
    Gen Temizer Erdogan Girgin Attorney Partnership
  • Article

    Updates On Turkish Banks' Utilization Fees And Prepayment Fees

    The Communiqué Amending the Communiqué on the Procedures and Principles Regarding Fees Banks Can Charge Commercial Clients ("Amendment")...
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Customer Account Information May Be Shared Among Constituent Groups Of A Single Financial Group Of Companies To Prevent Money Laundering

    The Law on the Prevention of Financing the Propagation of Weapons of Mass Destruction Number 7262, Canon 20, et. seq., and the Law on Prevention of Laundering Proceeds ...
    TurkeyGovernment, Public Sector
    Moroglu Arseven
    Moroglu Arseven
  • Showing 101–120 of 2402 results

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