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In order to make sense of the current shape that the Turkish banking industry takes, it is better to see the bigger picture in Turkey.

This year, the Turkish prime minister’s favorite saying has surely been that the global economic crisis would touch Turkey "only tangentially." Arguably, he is right.

Pursuant to article 73/3 of Banking Law numbered 5411, a "client secret " consists of data specific to banking activities that are generated after the establishment of a client relationship with the bank.

The Omnibus Law No. 6111 has authorized the CMB for supervision and surveillance of the over the counter leveraged trading activities, the so-called forex transactions, as from August 25, 2011.

With the "Communiqué on the Amendment of the Communiqué on the Procedures and Principles Regarding the Implementation of Article 376 of the Turkish Commercial Code No. 6102" ...

The hyperinflation that started in 1970’s has been affecting Turkish economic life and has caused the expression of economic values by billions, trillions or even in quadrillions. From 1981 new banknotes in larger denominations started to be circulated due to this high inflation to meet the cash demand in the economy. For the last few years the highest denominated banknote is 20.000.000 TL, which is also the highest denominated banknote in the world.

Turkey has introduced regulations to improve accessibility to banking services for disabled customers, as well as customers over 70 years old.

Turkey has introduced new preparation and disclosure requirements for financial reports by investment funds, as well as a complete exemption for foreign investment funds.

The Circular on Istanbul International Financial Center No: 2016/24 was published in Official Gazette number 29885 on 11 November 2016.

With the entry into the force of the Capital Markets Law No. 6362 ("CML") on December 30, 2012, the legal landscape of the Turkish capital markets has dramatically changed.

With its decision No. 10250 and dated June 24, 2022, the Banking Regulatory and Supervisory Authority (the "BRSA") has introduced a Turkish lira borrowing restriction for ...

Türkiye Cumhuriyet Merkez Bankası Reeskont ve Avans İşlemlerinde Uygulanacak Faiz Oranlarını Açıkladı

Following the announcement of new trading principles which will be applicable for thin stocks as from 01.10.2010, CMB has continued to take additional measures for the efficient price formation in Turkish Stock Markets and for the prevention of stock market manipulation/disorder.

The Capital Markets Board (“CMB”) Communiqué on Principles Regarding Proxy Voting at the General Assembly of Shareholders Meetings of Publicly Held Joint Stock Corporations, Proxy Solicitation, and Tender Offers (“Communiqué”) is the main piece of legislation regulating the obligation to launch a tender offer when one party or parties acting together, directly or indirectly, acquires 25% or more of the share capital and voting rights or control of a publicly held joint stock corporation.

Presidential Decree No. 9595, published in the Official Gazette, dated 15 March 2025, and numbered 32842, has unveiled changes to Decree No. 32 on the Protection of the Value of Turkish Currency ("Decree No. 32"),

11 Ekim 2023 tarih ve 32336 sayılı Resmi Gazete'de yayımlanan tebliğ ile 20/12/2006 tarihli ve 26382 sayılı Dahilde İşleme Rejimi Tebliği (İhracat: 2006/12)'nin geçici 37 nci maddesine aşağıdaki...

The Regulation Amending the Regulation on Remote Identification Methods to be Used by Banks and Establishment of Contractual Relationships in the Electronic...

The new Capital Markets Law numbered 6362 was adopted on 6 December 2012.