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Communiqué numbered 2021/5, published in Official Gazette dated 5 August 2021, numbered 31559, amends Communiqué number 2008/6 on International Bank Account Numbers to allow payment service providers to issue IBAN, as follows:

The Communiqué on Calculation of Risk-Weighted Amounts Concerning Securitization ("Communiqué") was published in the Official Gazette number 29511 on 23 October 2015.

The Circular on Capital Movements published by the Central Bank of the Republic of Turkey ("CMB") has been amended to the effect that foreigners are obliged to pay in a foreign currency...

Turkey has taken a series of new measures involving companies and public institutions in the wake of the State of Emergency declared on 21 July 2016.

The Regulation on Measurement and Evaluation of Capital Adequacy of Banks was published in Official Gazette number 29511 on 23 October 2015.

Turkey's banking legislation has been found to comply with the Third Basel Accord requirements related to risk-based capital and liquidity coverage ratio standards.

Accordingly, from 1 September 2016 until the end of the State of Emergency, the Fund will be allocated guardianship for any company which is assigned a guardian under the Code of Criminal Procedure numbered 5271 due to its connection to terror organisations.

The minimum compensation amount which creditors can claim for recovery cost has also increased from 150 to 185 Turkish Liras.

Turkey's Union of Notaries has announced details of stamp tax and fee exemptions for warning notifications and certain agreements, involving cheques, regarding repayment of overdue loan debts.

Turkey has ratified the foundation of the Asian Infrastructure Investment Bank ("AIIB") into local law as one of the project's co-founders.

Turkey has introduced procedures and principles for authorization, activities and abolishment of the institutions which appraise banks within the scope of the Banking Law.

Turkey has loosened its rules for bank spin-offs, introducing a new distinction for partial spin-offs and excluding these transactions from the scope of certain rules.

From 1 January 2017, banks in Turkey are not required to obtain statements of accounts for loans up to one million Turkish Lira.

Turkey has updated the leasing financial support scheme which is available to Turkish companies' foreign entities. The scheme offers support for leasing stores, warehouses and offices.

Turkey has updated procedures and principles for the Undersecretariat of Treasury's ("Treasury") activities to support financial lease companies and banks which are shareholders of credit guarantee institutions

Amendments have been introduced in Turkey for determining prices, prices changes and reference price changes regarding human medicinal products.

The Regulation Amending the Regulation on Methods and Procedures for Manufacturing, Labelling and Control of Tobacco Products ("Amendment Regulation") published in Official Gazette numbered 31527...

The Guideline aims to define and standardize the processes related to risk-based good clinical practice audits.