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"The Regulation for Disclosure of Confidential Information" (the "Regulation") was published in the Official Gazette No. 31501 dated June 4, 2021

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 with the Law no. 7292.

Pursuant to the newly legislated Communiqué No. 2020/11, the matters, which are out of the Communiqué No. 2020/4's scope, have been expanded.

With the Communique published on the Official Gazette dated 25.11.2022 and numbered 32024, some amendments have been made on the previously published Communique with regards to the information systems of payment and electronic money institutions ...

Given the current macroeconomic outlook and the solid impacts of COVID-19 on the Turkish market, it has become much harder for Turkish companies to satisfy their financing needs by accessing...

With the development of adequate technology and the acceleration of distance engagement in various sectors due to the ongoing COVID-19 pandemic, Turkey has been implementing new laws to set the legal infrastructure for actions ...

Bankacılık Düzenleme ve Denetleme Kurumu ("BDDK") Kredilerin Sınıflandırılması ve Bunlar İçin Ayrılacak Karşılıklara İlişkin Usul ve Esaslar Hakkında Yönetmelik'te ("Yönetmelik")...

The Banking Regulation and Supervision Agency ("BRSA") introduced amendments to the Regulation on the Procedures and Principles Regarding the Classification of Loans and Provisions to be Set Aside...

The Banks Association of Turkey published a public announcement (''Announcement'') on January 29, 2021 regarding an assessment by the Banking Regulatory and Supervisory Authority (''BRSA'')...

The Ministry of Treasury and Finance ("Ministry") has published an announcement on its official website and on its social media account regarding the Communiqué...

Article 42(3) of the Capital Movements Circular dated May 2, 2018 (''Circular'') sets out that foreign currency denominated funds provided by banks and factoring companies to firms...

The Communiqué on Amendments to the Communiqué on Covered Bonds (III-59.1) was published in Official Gazette number 29508 on 20 October 2015 ("Communiqué").

Communiqué numbered 2021/5, published in Official Gazette dated 5 August 2021, numbered 31559, amends Communiqué number 2008/6 on International Bank Account Numbers to allow payment service providers to issue IBAN, as follows:

The Communiqué on Calculation of Risk-Weighted Amounts Concerning Securitization ("Communiqué") was published in the Official Gazette number 29511 on 23 October 2015.

We previously reported in our Client Alert of February 2013 that the New Turkish Code of Obligations (the "TCO"), which came into force on 1st July, 2012 introduced major changes to form requirements in relation to personal guarantees.

The Republic of Turkey Prime Ministry Undersecretariat of the Treasury has introduced amendments to both the Decree on the Protection of the Value of Turkish Currency No. 32 ("Decree") and the communiqué regarding the same (the communiqué No. 2008-32/34) ("Communiqué"), which were published in the Official Gazette of January 25, 2018.

Hazine ve Maliye Bakanlığı Muhasebat Genel Müdürlüğü'nce 28.12.2023 tarihli ve 32413 sayılı Resmi Gazete'de yayımlanan 86 Sıra No.lu Değerli Kağıtlar Genel Tebliği ile 210...

The Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (the "Regulation") prepared by the Central Bank of the Republic of Türkiye...