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...

CMB has announced new trading principles for thin stocks through its resolution dated 23.07.2010 and numbered 21/657.

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...

Pursuant to the Capital Markets Board's ("CMB") Decision dated 18 April 2025 and numbered 24/733, the durations set forth in Decision No. 18/574, as announced in the CMB's bulletin dated 23 March 2025...

On 17 July 2021, the Capital Markets Board of Turkey published the communique on project bonds regulating project-based securities.

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:

The Proposed Amendments to the Capital Markets Law No. 6362 (the "Law") was introduced for discussion to the Grand National Assembly of Turkey on February 6, 2020.

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 minimum capital requirements for incorporating joint stock and limited liability companies are regulated under Articles 332 and 580 of the Turkish Commercial Code ("TCC").