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ARTICLE · 11 APRIL 2023

Banking And Finance Law In Turkey

Pi Legal Consultancy
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This article will provide a brief outline of the banking and finance law applicable in Turkey.

TurkeyFinance and Banking
Pi Legal Consultancy
Pi Legal Consultancy
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Introduction

This article will provide a brief outline of the banking and finance law applicable in Turkey. Financial turmoil across the world has had a detrimental impact upon Turkey's economy and foreign direct investments during the last ten years. Most sectors including banking have undergone the influence of global economic problems.

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What are the Main Legal Instruments Applicable to Banking and Finance Law in Turkey?

There is no specific legislation focusing on payment and settlement systems. Despite this, it is significant to stress at the outset that there are three principal legislation with regard to banking and finance:

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