ArticleCMB Deploys Electronic System For SubmissionsOn February 5, 2024, the Capital Markets Board of Türkiye ("CMB") announced the launch of its new electronic system for submissions, known as "e-Başvuru Sistemi".TurkeyFinance and BankingEsin Attorney Partnership
ArticleDerivatives Transactions With Non-Residents DiscouragedWith its decision No. 10248 dated June 23, 2022, the Banking Regulatory and Supervisory Authority (the "BRSA") has taken a measure discouraging derivative transactions of the non-financial institution...TurkeyFinance and BankingEsin Attorney Partnership
ArticleDonuk Alacak Siniflandirmasinda Yeni DüzenlemeTüketici kredileri bakımından yukarıdaki eşik tutar 500 (beş yüz) Türk Lirası olarak uygulanır ve bu eşik tutar ile bu fıkradaki oransal sınır ilgili kredi bazında dikkate alınır. TurkeyFinance and BankingSadik& Çapan
ArticleExceptions To Foreign Currency Loan Usage ExpandedThe Central Bank of the Republic of Türkiye has published amendments to the Capital Movements Circular, pursuant to the letter of the Ministry of Treasury and Finance dated 4 November 2025.TurkeyFinance and BankingKolcuoglu Demirkan Koçakli
ArticleFinancial Crimes Investigation Board Has Published Guidelines For Suspicious Transaction Reports Regarding Crypto Asset Service ProvidersFollowing the amendment made to the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism, crypto-asset service providers ("CASPs")...TurkeyFinance and BankingPekin Bayar Mizrahi (in alliance with Norton Rose Fulbright)
ArticleMajor Changes To Taxation Of Financial And Capital Markets TransactionsThe amendments introduced by the Law No. 7338 include major changes to the taxation of capital markets transactions and financial transactions.TurkeyFinance and BankingEsin Attorney Partnership
ArticleMandatory Obligation To Make Payments In Turkish Lira Introduced For Sales Of Movable PropertiesCommuniqué Amending the Communiqué (Communiqué No: 2022-32/66) by the Ministry of Treasury and Finance on the Decision No. 32 on the Protection of the Value of the Turkish Currency...TurkeyFinance and BankingAksu Caliskan Beygo Attorney Partnership (“ASC Law”)
ArticleNew Threshold For Frozen ReceivablesWith this amendment, it will be at the discretion of the bank to classify the total amount of receivables of TL 2,500 (two thousand five hundred) or less from a debtor as frozen receivables. TurkeyFinance and BankingSadik& Çapan
ArticleObligation 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 18.04.2022TurkeyFinance and BankingCottGroup
ArticleRecent Developments In Turkish Capital Markets - August 2023Your Capital Markets Team in Türkiye summarised the latest updates from the Capital Markets Board as well as the issuances approved during August 2023.TurkeyFinance and BankingGen Temizer Erdogan Girgin Attorney Partnership
ArticleShort Selling Ban And Duration Of Certain Measures Extended Once AgainThe Capital Markets Board, with its decision dated April 18, 2025 and numbered 24/733, had extended the duration of the temporary measures initially introduced in its decision dated March 23, 2025 and numbered 18/574, ...TurkeyFinance and BankingLBF Partners
ArticleSignificant Amendments Introduced To The Scope Of Türkiye Sustainability Reporting StandardsThe Public Oversight, Accounting and Auditing Standards Authority ("POA") has significantly amended the scope of application of the Türkiye Sustainability Reporting Standards ("TSRS").TurkeyFinance and BankingMoroglu Arseven
ArticleThe Application Period Of The Exceptions As To Calculation Of Foreign Exchange Losses Has Been Extended Until 1 January 2027The 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 BankingMoroglu Arseven
ArticleThe Communique Regarding Decree No. 32 On The Protection Of The Value Of Turkish Currency Has Been AmendedA 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 BankingCBC Law
ArticleThe Limit For Severance Payment Has Been Increased To TRY 64,948,77Severance 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 BankingMoroglu Arseven
ArticleThe RUSF Rate Applied On The Loans Provided By The EBRD And The IFC Has Been Set To ZeroThe 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 BankingEsin Attorney Partnership
ArticleThe Transition Period To Comply With The New Payment Services Legislation Extended Until 30 April 2023On 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 BankingKolcuoglu Demirkan Koçakli
ArticleTurkish Lira Borrowing Restrictions LiftedWith 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 BankingEsin Attorney Partnership
ArticleTürk Sermaye Piyasasındaki Son Gelişmeler – Mart 2023Bu ayki bültenimizde Sermaye Piyasası Kurulu tarafından yayınlanan son gelişmeleri özetledik ve Mart ayı içerisinde onaylanan ihraçları derledik.TurkeyFinance and BankingGen Temizer Erdogan Girgin Attorney Partnership
ArticleUpdates On Turkish Banks' Utilization Fees And Prepayment FeesThe Communiqué Amending the Communiqué on the Procedures and Principles Regarding Fees Banks Can Charge Commercial Clients ("Amendment")...TurkeyFinance and BankingEsin Attorney Partnership