ArticleEU’s Latest Visa Decision Affects Banks And Consumers Located In TurkeyThe investigation was initiated when the Commission sent Visa a supplementary statement of objections in July 2012.TurkeyAntitrust/Competition LawGedik & Eraksoy
ArticleNew Regulation On Liquidity Coverage RatiosThe Banking Regulation and Supervision Agency (BRSA) continues to transpose the international regulatory capital standards recommended by the Basel Committee...TurkeyFinance and BankingGedik & Eraksoy
ArticleRecent Improvements In The Current Regulatory Framework For Credit Rating AgenciesThe Communiqué Serial VIII No. 51 on the Principles of Credit Rating Activities and Credit Rating Agencies in the Capital Markets has been amended with effect from 29 August 2013.TurkeyFinance and BankingGedik & Eraksoy
ArticleSecondary Regulations On Payment Systems & E-Money PublishedIn June 2013, the Law on Payment and Securities Settlement Systems, Payment Services and Electronic Money (Law No. 6493) (the Payment Services Law or Law) entered into force.TurkeyFinance and BankingGedik & Eraksoy
ArticleAmendment To The BRSA's New Regulation On Restructuring Of Debts Owed To Financial SectorAn amendment to the Regulation is published in the Official Gazette and entered into force on 21 November 2018.TurkeyInsolvency/Bankruptcy/Re-StructuringGedik & Eraksoy
ArticleFinancial Assistance Rules Under The New Turkish Commercial CodeThe New Turkish Commercial Code which entered into force on 1 July 2012 introduces novelties regarding financial assistance.TurkeyCorporate/Commercial LawGedik & Eraksoy
ArticleCMB Raises The Squeeze-Out ThresholdOn 12 November 2014, the Capital Market Board (CMB) issued a new Communiqué on Squeeze-out and Sell-out Rights Serial No. II-27.2 (Squeeze-out Communiqué) and replaced the previous squeeze-out regime introduced on July 2014.TurkeyFinance and BankingGedik & Eraksoy
ArticleTurkish E-Commerce Law: The New Opt-In And Opt-Out Regime Will Put A Halt On Unsolicited SMS And E-Mail MessagesThe Law on Regulation of Electronic Commerce (E-Commerce Law) is published in the Official Gazette on 5 November 2014 (effective as of 1 May 2015)...TurkeyMedia, Telecoms, IT, EntertainmentGedik & Eraksoy
ArticleAmendments To The Turkish Covered Bonds LegislationOn 5 September 2014, the Capital Markets Board of Turkey (CMB) released the Communiqué (No.III-59.1a) Amending the Communiqué (No. III-59.1) on Covered Bonds (the Amending Communiqué).TurkeyFinance and BankingGedik & Eraksoy
ArticleRenewable Energy: A Quick Guide To Turkish Regulatory FrameworkTurkey has experienced a significant economic growth over the last decade; therefore, the need for energy production has grown significantly. TurkeyEnergy and Natural ResourcesGedik & Eraksoy