Share on LinkedInShare on LinkedIn

ARTICLE · 07 OCTOBER 2004

Memorandum About Derivatives In Turkey In Legal Terms

The institutions and instruments necessitated by a liberal economy, paralleled with Turkey’s economic growth and development, positive approach to globalization and the process of harmonization with the European Union’s political and economic approaches in line with the prospects for eventual membership therein, have given a boost to the national Turkish economy, opening Turkey’s economic doors to international trade.

TurkeyAccounting and Audit
Vural Günal
Vural Günal

INDEX

I. SUBJECT

II.

LEGAL GROUNDS / APPLICABLE LAWS AND REGULATIONS

1.

Turkish Code of Obligations

2.

Council of Ministers Decree Regarding Protection of Value of Turkish Currency

3.

Compliance With ISDA Regulations

III.

TYPES OF DERIVATIVES

1.

Forward Contracts

1.1.

Definition

1.2.

Relevant Provisions of Council of Ministers Decree No. 32

1.3.

Communiqué of Undersecretariat of Treasury Regarding Council of Ministers Decree No. 32

1.4.

Provisions of Circular of Turkish Central Bank

1.5.

Contents of Forward Currency Contracts

1.6.

Summary of Laws and Regulations

2.

Swap Contracts

3.

Futures Contracts

3.1.

Currency Futures Contracts

3.2.

Futures and Options Exchanges in Turkey

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from