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The Communiqué on Redetermination of Minimum Equity Amounts of Payment and Electronic Money Institutions ("Communiqué") was published in the Official Gazette...

The Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers, published in the Official Gazette dated 04.09.2026 and numbered 33360, introduced an amendment concerning the identity verification methods that payment service providers may use in remote customer onboarding.

Basel Committee published the final version of its second report on the limitation of crypto assets in banks in December 2022. The first noticeable element in the report is a categorization of crypto assets...

The impressive growth of the Turkish economy during the course of the last decade has its parallel in the country's banking sector.

18 Temmuz 2025 tarihli ve 32959 sayılı Resmî Gazete'de yayımlanan 10094 sayılı Cumhurbaşkanı Kararı Eki Karar ile yapılan değişikliğe göre...

Bu karar uyarınca, kamu alacaklarına kararın yürürlük tarihi olan 21.05.2024 tarihinden itibaren aylık %4,5 oranında gecikme zammı uygulanacaktır.

Several changes have been introduced to the: (i) Regulation on Payment Services and the Issuance of Electronic Money, and Payment Service Providers (the "Regulation")...

As Turkish investors continue to set their sights on EU-based companies, attracted by market expansion opportunities and the transfer of cutting-edge technology...

The European market for sub-investment grade corporate credit is now well established and has been driven in large part by the ongoing move towards direct lenders as a source of debt financing.

The New Framework includes a chapter regarding presentation and disclosure.

The investigation concerns allegations that MUYA Poliüretan Kauçuk Sanayi ("MUYA"), a Turkish manufacturer and distributor of slippers and footwear in the women's, men's, children's and medical categories, has imposed resale price restrictions on its authorised distributors across Türkiye, including those operating via e-commerce platforms, and has restricted the passive sales of its dealers.

With the amendment made to the Communiqué on the Decree numbered 32 Regarding the Protection of the Value of the Turkish Currency (the "Communiqué"), effective as of April 21, 2022...

These changes should also be included in the interim activity reports.

We will assess these reforms adopted by the Communiqué in general in this newsletter.

With this regulation, as of July 1, 2025, the share ledger, board of directors' resolution book, board of managers' book, and general assembly meeting and negotiation book can be kept in electronic environment.

In the bulletin of the Capital Markets Board ("Board") dated 19.03.2025 and numbered 2025/16, a new decision numbered i-SPK.22.9 (dated 19.03.2025 and numbered 16/531) ("Decision") has introduced various new regulations concerning share buybacks to be carried out by publicly traded companies and their subsidiaries, in light of recent developments in the capital markets.

According to the Turkish Commercial Code numbered 6102 ("TCC"), shareholders may decide to liquidate their joint stock or limited liability company.

The prohibition on shareholders' borrowing from the company is regulated under Article 358 of the Turkish Commercial Code numbered 6102 ("TCC").