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The Law No. 7555 Amending the Law on the Protection of the Value of Turkish Currency and Certain Laws and Decree Law No. 635, published in the Official Gazette dated 24 July 2025 and numbered 32965, introduced significant amendments to the Law No. 1567 on the Protection of the Value of Turkish Currency.

The Regulation Regarding the Amendment of the Regulation on Remote Identification Methods to be Used by Banks and the Establishment of Agreements in the Electronic Environment ...

Commerzbank Aktiengesellschaft, Filiale Luxemburg, BayernLB, BNP Paribas, CITI, HSBC Bank plc, ING, Raiffeisen Bank International AG, Societe Generale Corporate & Investment Banking and Standard Chartered Bank and a wider syndicate of international banks extends multi tranche term loan facility to the Industrial Development Bank of Turkey (TSKB) to fund TSKB's project finance-related transactions and its customers' trade finance transactions.

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

Pursuant to Article 4 titled "Suspicious Transaction Notification" of the Law No. 5549 on Prevention of Laundering Proceeds of Crime ("Law"), if there is any information, suspicion...

Banking Regulation and Supervision Agency ("BRSA") brought significant benefits to credit card customers with respect to credit card maximum limits and minimum credit card payments in accordance...

With the Communiqué (Communiqué No: 2024/2) Amending the Communiqué (Communiqué No: 2017/4) on Payments to be made by Joint Stock and Limited Liability Companies pursuant to Law No. 4054 published in the Official Gazette dated 01.10 2024 and numbered 32679.

The Central Bank of Turkey has issued a Circular numbered 2013/YB-7 and removed the term "capital advance" from the Circular 2002/YB-1.

The Central Bank of the Republic of Turkey ("CBRT") launched its open banking services by publishing a Press Release ("Press Release") on 1st of December, 2022.

The Regulation on the Implementation of the Law on Turkish Citizenship was amended by Presidential Decision No. 106 (the "Amended Regulation").

To meet investor demand at a high rate, the Capital Markets Board (the "CMB") has introduced significant amendments to the sale methods and distribution principles for initial public offerings...

Pursuant to Article 285 of the Enforcement and Bankruptcy Law (EBL), a debtor who is unable to pay their debts on time or is at risk of default may request a concordatum.

An amendment 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 of the Turkish Currency ("Communiqué").

On 08.01.2021, Central Bank of Turkey ("CBT") made a press announcement regarding the new generation 24/7 instant retail payment application, Instant and Continuous Transfer of Funds ("ICTF") system.

Turkish banking system becomes to adapt new conditions and this impacts to increase competition in terms of new services and products. In particular, when foreign banks are coming to Turkish market, domestic banks lag behind in respect to new modernization of their diversify products and services.

It is significant for Turkey, which participates in the global race the world of financial competition by attracting foreign investors to our country, to provide legal infrastructure to the Istanbul Finance Center.

Pursuant to the announcement made in accordance with the decision no. 11/417 published in the bulletin of the Capital Markets Board of Turkey dated 01.03.2026 and numbered 2026/11, certain temporary measures have been introduced in order to preserve market stability.

Turkish Commercial Code ("TCC") sets out minimum capital requirement for joint-stock companies and limited liability companies.