Amendment Regulation Amending The Remote Identification Methods To Be Used By Banks Has Been Published!

The Regulation Amending the Regulation on Remote Identification Methods to be Used by Banks and Establishment of Contractual Relationship in Electronic Environment ("Amendment Regulation") has been published in the Official Gazette dated 25.05.2023 and numbered 32201.

With the Amending Regulation, the definitions of "Real Beneficiary," "Central Registry Registration System (MERSIS)," "Trade Registry Gazette" and "Legal Entity" were added, and the definitions of "Explicit Consent" and "Person" in the previous Regulation have been amended.

Accordingly, Real Beneficiary includes the real persons who perform transactions before the obliged party, the real person or persons who control the real person, legal entity or unincorporated entities on whose behalf the transaction is made, or the real person or persons who are the ultimate beneficiary of the account or transaction belonging to them.