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  • Article

    Turkish Corporate Governance: Moving From Soft Law To Hard Law!

    The Capital Markets Board of Turkey (the "CMB") has once again revised the Corporate Governance Principles (the "CGPs") and put a stronger emphasis on the hard law characteristics which have been an issue of hot debate since October 2011.
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Sermaye Hareketleri Genelgesinde Değişiklikler

    T.C. Hazine ve Maliye Bakanlığı'nın 14 Mayıs 2019 tarihli yazısı doğrultusunda Sermaye Hareketleri Genelgesi'nde değişiklikler yapılmıştır.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    A Preliminary Step For Share Buy-Backs

    The Capital Markets Board of Turkey (the "CMB") issued a resolution, on September 1, 2009 through its Weekly Bulletin, which sets forth a framework for share buy-back programs that may be carried out by brokerage firms and investment companies listed on the Istanbul Stock Exchange (the "ISE") (the "Resolution").
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Warrants: High-Return Securities

    Warrants are capital markets instruments that give the holder the right, but not any obligation, to buy or sell underlying assets, indices, stocks, or other indicators such as commodities or precious...
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Kredi İşlemlerinde Şeffaflığı Artıracak Değişiklikler Getirildi

    Mevcut değişiklik ile finansal sektörde mali şeffaflığın artırılması ve bankaların kredi müşterilerine ait güncel verilere daha kolay ulaşması amaçlanmaktadır.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Sales Of Foreign Investment Funds In The Turkish Market

    The Communiqué referenced hereinabove envisages several prerequisites to the sale of foreign investment funds ("FIF") and their units in Turkey.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Extension Of Loans From Abroad

    This Briefing Note seeks to guide the residents of Turkey who provide foreign currency loans from foreign financial institutions and summarizes the major principle and exception as well as the restrictions applicable under Turkish legislation...
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Kambiyo İşlemlerinde BSMV Uygulamasına Geçildi

    Kambiyo işlemlerinde Banka ve Sigorta Muameleleri Vergisi alınmasına ilişkin 1106 sayılı Cumhurbaşkanı Kararı 15 Mayıs 2019 tarihli ve 30775 sayılı Resmi Gazete'de yayımlanmış ve aynı tarihte yürürlüğe girmiştir.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    The Scope Of The Ban On Foreign Currency Contracts Is Clear Now

    Following the recent Decree of the Presidency of the Republic of Turkey dated 13 September 2018, (Decree No: 85) that bans to use foreign currencies in contracts between Turkish residents, the Ministry of Treasury ...
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Impacts Of The Draft Turkish Commercial Code On Listed Corporations

    The Turkish Commercial Code ("The Code") basically governs commercial relationships and establishment and governance of companies.
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Movables Pledge And Capital Market Instruments Pledge In Turkey

    In the emerging markets, the role of small and medium enterprises are especially important as they have a major role in boosting the economic growth and in order to enhance the contribution of the SMEs to the economy, ...
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Takasbank Acting As Central Counterparty In Turkish Stock Market

    This briefing note aims to explain the role of Takasbank acting as the central counterparty in the specified markets of Borsa Istanbul A.Ş. and guide the investment institutions trading in BIST ...
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Bankaların Repo Ve Ters Repo İşlemlerine İlişkin Esaslar Tadil Edildi

    Bankacılık Düzenleme ve Denetleme Kurumu tarafından yayımlanan yeni yönetmelik ile bankalarca yapılacak repo ve ters repo işlemlerine ilişkin esaslarda değişikliğe gidilmiştir.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Regulatory Updates On Central Counterparty System In Debt Securities Market

    This Legal Alert seeks to provide information regarding the recent amendments with regards to the central counterparty system which will be operated in Borsa İstanbul A.Ş. Debt Securities Market.
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Bankalarca Kullanılacak Uzaktan Kimlik Tespiti Yöntemlerine Ve Elektronik Ortamda Sözleşme İlişkisinin Kurulmasına İlişkin Yönetmelik Yayımlandı

    The Regulation on Remote Identification Methods and Establishment of Contractual Relations in Electronic Environment to be Used by Banks, ("Regulation") which is regulating the procedures and...
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Gayrimenkul Yatırım Fonlarına İlişkin Esaslar Tebliği'nde Değişiklikler Yapıldı

    Gayrimenkul Yatırım Fonlarına İlişkin Esaslar Tebliği'nde (III-52.3) Değişiklik yapılmasına Dair Tebliğ (III-52.3.ç) 20 Aralık 2018 tarihli ve 30631 sayılı Resmi Gazete'de yayımlanmış ve aynı tarihte yürürlüğe girmiştir.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office

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