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International trade has grown exponentially, and international trade undoubtedly means international debt collection. Especially, while the number of financially distressed companies is rapidly increasing due to the

The Communique carries some uncertain provisions within its content and in terms of its spelling.

Financial Leasing in Turkey is regulated through the main piece of Law on Financial Leasing, Factoring and Financing Companies Nr. 6361 published in the Official Gazette dated 13TH December 2012 and numbered 28496.

As the digital transformation in the financial sector continues to spread rapidly on a global scale, the regulations of Türkiye, the European Union ("EU"), and the United States ("US") play a significant role in shaping this next-generation banking model.

Foreign investors and entrepreneurs seeking to establish financial operations in Türkiye face complex banking regulations and strict compliance requirements. This guide explores how legal professionals can streamline the bank account opening process, including remote setup options and essential documentation requirements. Discover the eligibility criteria and specialized services available for high-value deposits in Turkish financial institutions.

In today's digital age, opening a bank account online has become increasingly convenient and popular. If you're considering opening a bank account in Turkey...

March 2020 – The Law Amending the Banking Law and Other Laws No.7222 (the "Amending Law"), published in the Official Gazette dated 25 February 2020 and numbered 31050...

One of the most important discussions occupying the agenda for almost two years, the issue of inflation adjustment has gained even more prominence following the recent Constitutional Court's decision.

Certain amendments were made on multiple laws concerning Turkish financial markets with the Law No. 7222...

The Communiqué Amending the Communiqué (No. 2020/16) (the "Communiqué") on Maximum Interest Rates Applicable to Credit Card Transactions (No. 2024/22) (the "Amendment Communiqué")...

Over the last couple of weeks, the Turkish Capital Markets Board (the "CMB") has issued new communiqués to regulate the system of the Turkish Capital Markets Law in detail.

With the enforcement of the new regulation, Turkish residents will not be able to utilize foreign currency indexed loans from Turkey or abroad.

As is known, Turkish Lira has lost about a quarter of its value against the dollar just between August 8, 2018 and August 13, 2018.

The compliance period for the fulfillment of the provisions which are explained in detail below, that are stipulated in the Provisional Article 1, titled "Transitional Provisions", ...

The Regulation About Installment Sales entered into force by being published in the Official Gazette on 14th January 2015.

It's no secret that slow and steady no longer wins the race. Yet, for banks, the need for speed is becoming more important than ever before.

The Regulation on Principles and Procedures to be applied in Factoring Operations ("Regulation") was published by the Banking Regulation and Supervision Agency in the Official Gazette dated 04.02.2015 and numbered 29257.

Turkey's Banking Regulation and Supervision Agency ("Agency") has amended regulations governing asset management companies.