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The Circular on Capital Movements published by the Central Bank of the Republic of Turkey ("CMB") has been amended to the effect that foreigners are obliged to pay in a foreign currency...

On October 23 2015, the Banking Regulation and Supervision Agency (the BRSA) published amendments to the Regulation on the Equities of the Banks.

Use of foreign currency for the following transactions between persons/entities domiciled in Turkey has been banned:

Turkey has taken a series of new measures involving companies and public institutions in the wake of the State of Emergency declared on 21 July 2016.

The Regulation on Payment Services, Electronic Money Issuance and Payment Service Providers ("Regulation") has been published in the Official Gazette by the Central Bank of the Republic of Turkey ("Central Bank").

The Asian Infrastructure Investment Bank ("AIIB"), a new multilateral development bank established after China proposed the initiative in 2013, officially became operational on January 16, 2016...

The Regulation regulates the procedures and principles that will be applied to the online identification process in detail

The asset management companies shall have a minimum of twenty million Turkish Liras of paid-up capital.

The bank annotates a copy of the investment incentive certificate and the party utilizing the FX Loan shall sign the same copy.

This legal alert aims to set out the terms of General Letter No. 808 released by Central Registry Agency in Turkey on December 12, 2017 regarding "SWIFT Balance Notification" to be disclosed to foreign custodians.

1 Nisan 2024 tarihli ve 32507 sayılı Resmî Gazete'de Türkiye Cumhuriyet Merkez Bankasınca yayımlanan Tebliğ ile, vadesine en çok 3 ay kalan senetler...

Türkiye Cumhuriyet Merkez Bankası'nca 17 Eylül 2025 tarihli ve 33020 sayılı Resmî Gazete'de yayımlanan Tebliğ ile...

It is essential that the account in the system must be used on account owner's behalf. In cases where the account owner is a legal person, the account shall be used by an authorized staff.

The Regulation on Measurement and Evaluation of Capital Adequacy of Banks was published in Official Gazette number 29511 on 23 October 2015.

Capital Markets Board of Turkey ("CMB") decided to partially end the ban on short sales transactions taking place in the equity market of Istanbul Stock Exchange (Borsa Istanbul)...

The Central Bank of Republic of Turkey ("CBRT") has decided to increase the minimum requirements with regard to the own funds of institutions set out in the E-Money Regulation

Press Release dated 26.12.2022 and numbered 2022-53 on the participation of payment and electronic money institutions in the FAST System has been published on the website ....

With the Communiqué (Communiqué No: 2024-32/69) ("Amendment Communiqué") published by the Ministry of Treasury and Finance on the Amendment to the Communiqué...