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The transfer of loan agreements where the borrower or the guarantor is a Turkish public or private institution, or the Republic of Turkey, and which are extended by foreign banks and/or financial institutions to other foreign banks and financial institutions, may be subject to legal requirements under Turkish law.

Significant amendments to Decree No. 32 on the Protection of the Value of Turkish Currency entered into force through Presidential Decree No. 9595, published in the Official Gazette dated 15 March 2024 and numbered 32842.

The Regulation on Remote Identification Methods to be Used by Banks and Establishment of Contractual Relations in Electronic Environment ("Regulation") was published in the Official Gazette...

We addressed the fact that Turkish NPLs were not eligible for securitization in our article "Taking Turkish Financial Restructuring and NPL Market Ahead" dated December 2019.

Secure Mobile Payment and Electronic Document Management System ("System") will enter into force on 1 September 2019.

The Ministry of Treasury and Finance has introduced significant amendments to the Communiqués on Decree No. 32 on the Protection of the Value of Turkish Currency.

In the Communiqué (Communiqué No. 2018-32/51) regarding the Amendment of the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Currency (Communiqué No. 2008-32/34) ...

With more than 600 institutions worldwide and with estimated $ 1.4 trillion Sharia-compliant assets in 2014, Islamic Finance market in Turkey keeps growing and such growth is likely to continue in the future.

The Regulation on Generation and Use of TR QR Code in Payment Services ("Regulation") prepared by the Central Bank of the Turkish Republic ("Bank") ...

Turkey's Capital Markets Board recently announced new rules for Trade Repositories, including new obligations, activity principles, as well as new rules for membership, operation and audit (more).

The aim of these amendments is to promote conscious consumption.

On August 20, 2015, the Banking Regulation and Supervision Authority (the "BRSA") updated the Regulation on Liquidity Coverage Ratios, clarifying the rules for calculating liquidity coverage ratios of banks in Turkey.

The Central Bank of the Republic of Turkey ("CBRT") updated the minimum equity requirements under Article 33 of the Regulation on Payment Services and E-Money Issuance.

Most of the banks receive applications for credit card debt and credit debt deferral via the internet branch, website, and mobile banking.

Turkey has designated specialised administrative courts in Ankara to handle disputes arising from key regulatory and supervisory authorities, including the Competition Authority, Capital Markets Board...

Turkish citizenship can be acquired in several ways, including by marriage or employment or living for a certain period of time. Another option is making investment in the country.

Determination of the scope of restructuring under the Regulation has significance, particularly as to the determination concerning embezzlement, to be explained below, as well as tax exemptions and incentives.