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  • Article

    New Banking Regulation On Disclosure Of Confidential Client Information Published

    On 4 June 2021, a new Regulation on Disclosure of Confidential Client Information drafted by the Banking Regulatory and Supervisory Authority, ("Regulation") has been published...
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    New Decision From BRSA: Turkish Lira Credit Restrictions Have Been Softened

    With the Banking Regulatory and Supervisory Authority's [the "BRSA"] decision numbered 10250 and dated 24 June 2022 [the "Restriction Decision"]...
    TurkeyFinance and Banking
    Guleryuz Partners
    Guleryuz Partners
Article

New Exception To FX Borrowing Restrictions

The Central Bank of the Republic of Türkiye ("CBRT") introduced amendments to the Capital Movements Circular ("Circular") on January 16, 2025 introducing a new exception to the foreign currency borrowing restrictions.
TurkeyFinance and Banking
Esin Attorney Partnership
Esin Attorney Partnership
  • Article

    New Exemption On Banking And Insurance Transactions Tax For Derivatives

    Thus, with the Amending Law, futures and option contracts will be exempt from the BITT regardless of where they are performed.
    TurkeyFinance and Banking
    Bezen & Partners
    Bezen & Partners
  • Article

    New Restriction On Foreign Currency-Denominated Or Indexed Payments Among Residents In Turkey

    The recent depreciation of Turkish Lira is one of the most substantial financial incidents of this year.
    TurkeyFinance and Banking
    YBK in Cooperation with CMS
    YBK in Cooperation with CMS
  • Article

    Normalleşme Adımları: Aktif Rasyosu Kuralına Uyum Kolaylaştırıldı

    Bankacılık Düzenleme ve Denetleme Kurumu ("BDDK"), 26 Ekim 2020 tarih ve 9238 sayılı kararı ile aktif rasyosu ("AR") formülünü değiştirdi.
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Significant Amendments To Remote Identity Verification: Scope Extended To Crypto Asset Service Providers And Use Of Artificial Intelligence-Based Methods Enabled

    Significant amendments regarding remote identity verification and the establishment of contractual relationships in electronic environment have been introduced to the Communiqué on Remote Identity...
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Sukuk

    In this memorandum, the mechanics of Sukuk Issuance is broadly outlined and some key information is provided about the regulations on sukuk issuance in TR.
    TurkeyFinance and Banking
    Ketenci & Ketenci Hukuk
    Ketenci & Ketenci Hukuk
  • Article

    The Draft Communiqué On Remote Identification Methods To Be Used By Banks Was Presented To The Public

    The Draft Communiqué on Remote Identification Methods to be Used by Banks ("Draft Communiqué") was announced to the public on September 21, 2020 by the Banking Regulation and Supervision Agency ("BRSA").
    TurkeyFinance and Banking
    SRP Legal
    SRP Legal
  • Article

    The Emerging Turkish Sukuk Market: A Safer Way To Invest

    Sharia compliant non interest paying Islamic instruments, Sukuk is on the rise throughout the global financial markets. The
    TurkeyFinance and Banking
    Herdem Attorneys at Law
    Herdem Attorneys at Law
  • Article

    The Financial Crimes Investigation Board General Communiqué (Sequence No: 21) Was Published In The Official Gazette.

    The Financial Crimes Investigation Board General Communiqué (Sequence No: 21) ("Communiqué") entered into force after being published in the Official Gazette dated 17 November 2022...
    TurkeyFinance and Banking
    SRP Legal
    SRP Legal
  • Article

    The Guide For Applications On Notifying The Central Bank Of The Republic Of Turkey Regarding Persons And Institutions Providing Unauthorized Payment Services

    The Central Bank of the Republic of Turkey ("TCMB") has published the Guide for Applications on Notifying the Central Bank of Turkey Regarding Persons and Institutions Providing Unauthorized Payment Services ("Guide").
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    The Regulation On Compliance With Participation Principles, Which Closely Concerns Institutions Operating In The Participation Finance Sector, Has Entered Into Force

    With the publication of the "Regulation on Compliance with Participation Principles" by the Banking Regulation and Supervision Agency (BRSA) in the Official Gazette dated 19 December 2025...
    TurkeyFinance and Banking
    NAZALI Attorney Partnership
    NAZALI Attorney Partnership
  • Article

    The Regulation On Prevention Plans To Be Prepared By Systemically Important Banks Has Been Amended

    The Regulation on Prevention Plans to be Prepared by Systemically Important Banks ("Regulation") was published in the Official Gazette, dated 16 March 2021 ...
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Treasury And Finance Ministry Exempted The Turkish Resident Legal Entity Shareholders Of The Incumbent Companies In Public-Private Partnership Projects From The FX Loan Restrictions.

    Treasury and Finance Ministry of the Republic of Turkey ("Ministry"), through its letter dated 8 December 2020 and numbered 692596, provided a new exemption to the FX loan restrictions...
    TurkeyFinance and Banking
    Sadik& Çapan
    Sadik& Çapan
  • Article

    Turkey's Central Bank Amends Amounts Which Drawee Banks Must Pay For Bounced Cheques

    Turkey's Central Bank has amended the amount which banks must pay for each cheque leaf where cheques fully or partially bounce.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey Introduces Reimbursement Scheme For Participants At Industry Fairs

    The Ministry of Economy has power to amend fairs eligible for participant support, as well as the percentage and cap.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey Introduces Rules Requiring Export Proceeds To Be Repatriated Within Certain Timeframes

    Turkey has introduced new rules to protect the value of its currency, aimed at ensuring profits from export transactions between 4 September 2018 and 4 March 2019 are returned to Turkey.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Turkey Overhauls Banking Rules To Comply With Basel III

    To ensure consistency with European standards, the BRSA has modeled its changes on the European Union's RCAP report.
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Turkey To Relax Rules For Payment Services And e-Money

    On December 26, 2015, the Banking Regulation and Supervision Agency (the "BRSA") amended the Regulation on Payment Services, Electronic Money Issuance, Payment Institutions and Electronic Money Institutions, relaxing certain requirements foreseen for companies providing payment services and e-money issuance ("Institutions").
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Showing 441–460 of 2404 results

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