ArticleTurkey Increases Certain Bank Reserve RatiosConsidering recent developments in the sector, such as the implementation of Basel III rules, Turkey continues to increase macro-prudential supervision of banks.TurkeyFinance and BankingEsin Attorney Partnership
ArticleCOVID-19: BRSA Takes New Measures On Risk CalculationThe Banking Regulatory and Supervisory Authority ("BRSA") has taken a new measure regarding the COVID-19 outbreak in its decision dated April 16, 2020 and no. 8999.TurkeyCoronavirus (COVID-19)Esin Attorney Partnership
ArticleR&D Intensive SMEsAs announced at Spring Budget 2023, the government will legislate in a Finance Bill 2023-24 to provide additional R&D tax relief for eligible R&D intensive SMEs. A new credit rate will be available...TurkeyCorporate/Commercial LawNAZALI Attorney Partnership
ArticleRecent Developments In Turkish Capital Markets – January 2023Certain rules and requirements for the initial public offerings of non-public companies have been determined by the principal decision issued by the Board. Changes to the determination...TurkeyCorporate/Commercial LawGen Temizer Erdogan Girgin Attorney Partnership
ArticleUpdates On The Ban Regarding Foreign Currency Payment In Movable Sale ContractsTo address the challenges arising from the obligation to make payments in Turkish Lira in sale of goods contracts, which are frequently encountered in commercial life, an amendment was made in 2022...TurkeyCorporate/Commercial LawGün + Partners
ArticleTurkish Citizenship Now Offered In Return For US $1.5 Million Investment Into Real Estate Or Venture Capital FundsForeign investors holding at least US $1.5 million shares in either real estate or venture capital investment funds for three years are now entitled to Turkish citizenship. TurkeyImmigrationMoroglu Arseven
ArticleDeadlines To Apply For Debt Restructuring And First Installment Payments Have Been ExtendedPresidential Decree ("Decree") No. 4420 published in the Official Gazette on 27 August 2021 has extended the deadline for debt restructuring applications by one month.TurkeyInsolvency/Bankruptcy/Re-StructuringCBC Law
ArticleFinancial Restructuring vs. Konkordato/Composition (Turkish Scheme Of Arrangement)This "Financial Restructuring vs. Konkordato/Composition (Turkish Scheme of Arrangement)" is presented as a reference source to give all market participants a schematic comparison of these two financial restructuring techniques ...TurkeyInsolvency/Bankruptcy/Re-StructuringEsin Attorney Partnership
Article2021 2nd Period - Income Tax Exempted Child SupportAccording to the Circular numbered 27998389-010.06.02-421208 published by the Ministry of Treasury and Finance with the subject "Financial and Social Rights"...TurkeyTaxCottGroup
ArticleCentral Bank Of Turkey Publishes Country's First Cryptocurrency RegulationOn 16 April 2021, the Central Bank of Turkey published the country's first crypto-asset regulation, styled Regulation on the Use of Crypto-Assets in Payments ("Regulation"), effective 30 April 2021...TurkeyTechnologyMoroglu Arseven
ArticleThe Timeframes Granted To Crypto Asset Service Providers Have Been AmendedTurkey's Capital Markets Board has issued a decision linking the timeline for crypto asset service providers to comply with custody requirements to the actual availability of authorized custody institutions.TurkeyTechnologyMoroglu Arseven
VideoWebinar: Tech Law Made SimpleThis webinar will provide a high level review of the legal developments concerning Technology Law including data protection and privacy law, fintech law, AI law etc.WorldwideGovernment, Public SectorSRP Legal
ArticleChanges In Türkiye's Fund Guide Regarding The Participation FundsThe Turkish Capital Markets Board's new amendments in the Guide on Investment regulates the principles for funds with the "participation"...TurkeyFinance and BankingNorton Rose Fulbright
ArticleGoods Can Now Be Paid In Foreign CurrencyAn amendment, entering into force on the same date of its publication, was published in the Official Gazette on April 19, 2022 altering the Communiqué No. 2008-32/34 on the Decree No. 32 on the Protection of the Value...TurkeyFinance and BankingEsin Attorney Partnership
ArticleNewsletter On The Requirement To Publish Material Event Disclosures In EnglishThe Capital Markets Board of Türkiye has announced a significant expansion of English-language disclosure requirements for publicly traded companies, effective October 1, 2026. TurkeyFinance and BankingBener Law Office
ArticleShort Selling Ban And Duration Of Certain Measures Extended AgainThe Capital Markets Board ("Board"), with its decisions dated April 18, 2025 and numbered 24/733, and dated May 30, 2025 and numbered 33/1023, had previously extended the duration of the temporary measures initially introduced its decision dated March 23, 2025 and numbered 18/574, in order to maintain market stability.TurkeyFinance and BankingLBF Partners
ArticleShort Selling Ban And Flexible Equity Ratio Measures For Margin Trading Extended AgainBy its Decision No. 11/417 dated 1 March 2026, the Capital Markets Board (the "Board") adopted temporary measures to preserve market stability, the duration of which was subsequently extended by its Decision No. 13/473 dated 8 March 2026 and Decision No. 15/517 dated 15 March 2026, respectively. TurkeyFinance and BankingLBF Partners
ArticleShort Selling Ban Implementation Period Extended AgainBy its Decision No. 11/417 dated 1 March 2026, the Capital Markets Board (the "Board") adopted temporary measures to preserve market stability, the duration of which was subsequently extended by its Decision No. 13/473 dated 8 March 2026, Decision No. 15/517 dated 15 March 2026 and Decision No. 19/625 dated 28 March 2026, respectively. TurkeyFinance and BankingLBF Partners
ArticleThe Central Bank Of The Republic Of Türkiye Has Updated The Interest Rates To Be Applied In Rediscount And Advance TransactionsThe Communiqué on the determination of the interest rates to be applied in rediscount and advance transactions ("Communiqué") issued by the Central Bank...TurkeyFinance and BankingMoroglu Arseven
ArticleThe Constitutional Court Has Annulled The Provision Granting The President Authority To Restrict Foreign Exhange And Money Movements!In its decision No. 2024/193 Merits 2025/136 Decision1 dated 17 June 2025 ("Decision"), published in the Official Gazette on 15 October 2025, the Constitutional Court...TurkeyFinance and BankingEgemenoglu