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The amounts specified in the capital markets legislation have been re-evaluated for the year of 2024 and thus increased by the decision of the Capital Markets Board of Turkey (the "CMB")...

Due to the significant political and economic developments in the world, there are sudden and hard changes in exchange rates in the recent period.

Agreements falling under the scope of the FX payment ban and that cannot benefit from an exemption must be executed in line with the restrictions.

With the Communiqué on the Amendment of the Communiqué on Compliance with Participation Principles issued by the Banking Regulation and Supervision Agency ("BRSA") and published in the Official Gazette...

It is imperative that the bank decisions considering the taking of security measures be made in writing and justified.

Within the Communiqué on the Procedures and Principles Regarding the Secured Issue of Capital Market Instruments, which was published by the Capital Market Board, the procedures and principles regarding the collateralized issue ...

The Communiqué regulating the principles applicable to the project based securities, their issuance and the incorporation and activities of the project finance funds has been published.

The Communiqué on Risk Management Disclosure By Banks was published in Official Gazette number 29511 on 23 October 2015 ("Communiqué"), coming in force on 31 March 2016.

The latest corruption claims in banking sector of Turkey may show considerable effects which have already started to spread several areas of the Turkish economy.

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...

In an increasingly globalized world where the consumer habits manifest changes almost on a daily basis the payment mechanisms have to keep abreast.

Islamic finance has been gaining ground in global markets as well as in Turkey throughout the recent years.

The term "Islamic finance" refers to a system of financing or financial activity that is consistent with Islamic rules and principles. The model outlined under the Islamic finance is generally based on two main pillars, namely the sharing of profit and loss; and the prohibition of charging interest.

A draft law called "Istanbul Financial Center Bill of Law" (the "Draft Law") was brought before the Grand National Assembly of Turkey ("TBMM") by the ruling party on June 1, 2022.

Turkey has introduced several amendments on the Turkish banking regulations to expand the tools to protect the financial integrity in the first half of 2019.

The Communiqué on the Calculation of Green Asset Ratio of Banks (the "Communiqué") was published in the Official Gazette dated 11 April 2025 and numbered 32867, and has entered into force.

The Regulation on Manipulation and Speculation in Financial Markets (the "Regulation") was published on May 7, 2020.

According to the Article 138 of the Code of Obligations No. 6098, "An extraordinary situation which is not foreseen by the parties at the time of the contract and which is not expected to be anticipated, ...