2,979 results found

The Regulation on Prevention Plans to be Prepared by Systemically Important Banks ("Regulation") was published in the Official Gazette, dated 16 March 2021 ...

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...

Turkey's Central Bank has amended the amount which banks must pay for each cheque leaf where cheques fully or partially bounce.

The Ministry of Economy has power to amend fairs eligible for participant support, as well as the percentage and cap.

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.

To ensure consistency with European standards, the BRSA has modeled its changes on the European Union's RCAP report.

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").

The Turkish Banking sector is expected to operate in crunchy year in 2014.

The Capital Markets Board (“CMB”) has amended the rules applicable to investment funds and investment firms through two principle decisions published in CMB Bulletin dated 26 October 2026 and numbered 2026/74. Principle decision No. i-SPK.52.4.ao, adopted by CMB’s decision dated 26 October 2026 and numbered 75/1897 (the “Investment Funds Principle Decision”), amended the Guidelines on Investment Funds (the “Guidelines”).

In 2018, the Central Bank of the Republic of Turkey ("CBRT") introduced the requirement for some Turkish real and legal persons to report transactions which affect the foreign exchange positions...

The Turkish Banking Regulation and Supervision Agency ("BRSA") issued a new regulation on 7 May 2020, which lists the actions and transactions that will be considered as manipulating and/or misleading financial markets...

Turkish Constitutional Court with its decision with application number 2019/12190, published in the Official Gazette on 20.04.2022, ruled that court decisions on dismissal of unquantified debt lawsuits...

Please kindly find below a brief memo issued by our law firm regarding obtaining Turkish Citizenship through investment.

Multiple declarations may be made until expiry of the deadline stated above.

Technical bankruptcy due to over-indebtedness in joint stock and limited liability companies has been set forth in Article 376 of Turkish Commercial Code ("TCC") numbered 6102.

In the last 5 or 6 years some projects have had the benefit of insurance which is designed to pick up the risk after the contractor's liability has been exhausted, these kind of policies mirror the construction contract provisions in relation to time and put the insurer on risk after the date for mechanical completion (as extended pursuant to the EPC contract) and contain an excess which is usually equal to the extent of the liquidated damages which the contractor has agreed to pay for delay.

Turkey has revised rules for executing mortgage deeds, meaning that credit institutions and agricultural credit cooperatives can now conclude mortgage contracts ...

Our monthly law bulletin contains practical information for companies, amendments in our legislation, current case law and sectoral regulations.