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Article
Government Raises Tax On Foreign Currency Purchases From 0.2% To 1%
The Presidential decree numbered 2568 published in the Official Gazette dated 24 May 2020 and no. 31136 provides for a raise in the banking and insurance transaction tax (BITT)...
TurkeyTax
Ersoy Bilgehan
Article
Turkish Central Bank Published Export Circular Indicating The Procedures And Principals Regarding The Obligation For Bringing Export Proceeds To Turkey
Through the publication of the Communiqué number 2018-32/48 regarding the Decree number 32 on the Protection of the Turkish Foreign Currency, published in the Official Gazette dated 4 September 2018 and number 30525, ...
TurkeyTax
Erdem & Erdem Law

Limitations Were Implemented On Terms On Consumer Credits And Minimum Payment Of Credit Cards

In the press releases of the Ministry of Treasury and Finance ("Ministry") on 9 June and 10 June 2022, it was stated that the fight against inflation remains the top priority...

TurkeyConsumer Protection

Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)

A New Era For Investment In Turkey: An Opportunity For Acquiring Turkish Citizenship

A new regulation, which amends the Regulation on Application of Turkish Citizenship Law, published in yesterday's Official Gazette (12 January 2017) ("Regulation").

TurkeyFinance and Banking

YAZICIOGLU Legal

Alert On Amendments To The Capital Movements Circular

The Capital Movements Circular ("Circular") has been amended with the letter of Ministry of Treasury and Finance of Republic of Turkey numbered 940051.

TurkeyFinance and Banking

Bener Law Office

Amendment To The Communiqué On Licensing And Registration Of Those Operating In The Capital Markets

With the Communiqué Amending the Communiqué on the Principles Regarding Licensing and Registration of Those Operating in the Capital Markets...

TurkeyFinance and Banking

Pekin Bayar Mizrahi (in alliance with Norton Rose Fulbright)

Amendments To Capital Movements Circular

Certain amendments were made on the Capital Movements Circular in line with the correspondence of Ministry of Treasury and Finance dated 14 May 2019.

TurkeyFinance and Banking

Eryurekli Law Office

Amendments To The Financial Reporting Of Investment Funds

Capital Markets Board of Turkey ("CMB") has published the Communiqué Amending the Principles Regarding Principles on Financial Reporting on Investment Funds ("Amendment Communiqué")...

TurkeyFinance and Banking

Moroglu Arseven

Amendments To The Principles On "Sale On The Stock Exchange" Method And Allocations To Institutional Investors In IPOs

The Capital Markets Board of Türkiye ("CMB") introduced certain amendments regarding the initial public offering of non-public companies with its decision dated 19 January 2023 ...

TurkeyFinance and Banking

Amendments To The Turkish Code Of Obligations Regarding Rent Increase Rates Of The Residential And Roofed Workplace Rents

Amendments To The Turkish Code Of Obligations Regarding Rent Increase Rates Of The Residential And Roofed Workplace Rents.

TurkeyFinance and Banking

Association Of Financial Institutions

The amendments to the Law No. 6361 on Financial Leasing, Factoring and Financing Companies ("Law No. 6361") entered into force by publication in the Official Gazette No. 31416 on March 7, 2021...

TurkeyFinance and Banking

Dikici Law Firm

Banking And Finance Quarterly Bulletin

The latest issue of the Banking & Finance Quarterly, prepared by the Hergüner Banking & Finance team and highlighting the latest sector developments, is now live!

TurkeyFinance and Banking

Hergüner Bilgen Üçer Attorney Partnership

BRSA Loosened The Limits Toward Turkish Banks' TRY Transactions With Foreign Financial Institutions

Since the outbreak of Covid-19 pandemic, Banking Regulation and Supervision Agency of Turkey has introduced certain restrictions toward Turkish banks in response to the slowdown of economic growth in Turkey.

TurkeyFinance and Banking

Central Bank Issues Guidelines: Clarifying Bank Fees And Commissions

The Central Bank Guidelines Regarding Fees That Banks Can Charge Corporate Clients ("Guidelines") was updated in line with the amendments to the Communiqué on the Procedures...

TurkeyFinance and Banking

Esin Attorney Partnership

Central Bank Of Turkey Amended Its Articles Of Association For Monitoring FX Currency Positions

In parallel with the "Directive on Principles and Procedures Concerning the Monitoring of Transactions Affecting Foreign Currency Position by Central Bank of Turkey" published by the Central Bank of Turkey ...

TurkeyFinance and Banking

Eryurekli Law Office

Changes To Electronic Money Regulations In Turkey

Changes have been made to regulations for Payment Services, Electronic Money Issuance, Payment Agencies and Electronic Money Agencies in Turkey.

TurkeyFinance and Banking

Moroglu Arseven

Changes To The Covered Bonds Communiqué

The Amendments to the Covered Bonds Communiqué No. III-59.1 ("Communiqué") entered into force through their publication in the Official Gazette dated May 14, 2020 and No. 31127.

TurkeyFinance and Banking

Esin Attorney Partnership

CMB Expanded The Scope Of The Electronic Application Obligation

Pursuant to the Capital Markets Board of Türkiye's (the "CMB") decision dated March 28, 2024 and numbered 18/470, applications that (i) are to be made by institutions, organizations and issuers...

TurkeyFinance and Banking

Esin Attorney Partnership

Communique On The Debt Instruments Included In The Calculation Of Banks' Total Equity

Relying on the Regulation on Equity of Banks, BRSA published a communiqué titled Communiqué on the Debt Instruments to be included in Calculation of Banks' Equity in the Official Gazette dated 7 June 2018.

TurkeyFinance and Banking

Eryurekli Law Office

Communiqué On Supporting The Foreign Currency To TL Conversion Of Companies

Communiqué on Supporting the Foreign Currency to TL Conversion of Companies has been published in the Official Gazette No. 32085 on January 26, 2023 and entered into effect.

TurkeyFinance and Banking

Showing 141–160 of 2402 results

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