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ARTICLE · 15 MARCH 2021

Amendments Introduced To The Financial Leasing Law

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The amendments to the Law No. 6361 on Financial Leasing, Factoring and Financing Companies ("Law No. 6361") entered into force by publication in the Official Gazette No. 31416 on March 7, 2021 with the Law no. 7292.

TurkeyFinance and Banking
Dikici Law Office
Dikici Law Office

The amendments to the Law No. 6361 on Financial Leasing, Factoring and Financing Companies ("Law No. 6361") entered into force by publication in the Official Gazette No. 31416 on March 7, 2021 with the Law no. 7292. While the name of the Law 6361 is revised to read as Financial Leasing, Factoring, Financing and Saving Finance Companies No. 6361, the scope of activities designated to Association of Financial Leasing, Factoring, Financing Companies is further regulated and the name is changed to the Association of Financial Institutions.

Leasing, factoring, financing, savings finance and asset management companies, as well as other institutions which are subject to the Banking Regulation and Supervision Agency's supervision and found suitable, are now obliged to become members of the Association of Financial Institutions.

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