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ARTICLE · 17 NOVEMBER 2023

Draft Circular On Authentication And Transaction Security In Electronic Banking Services

Taboglu Attorneys At Law
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The Draft Circular No. 2022/2 on the Criteria for Authentication and Transaction Security in Electronic Banking Services and Establishment of Contractual Relationships in Electronic Environment has been published by the BRSA ...

TurkeyFinance and Banking
Taboglu Attorneys At Law
Taboglu Attorneys At Law

The Draft Circular No. 2022/2 on the Criteria for Authentication and Transaction Security in Electronic Banking Services and Establishment of Contractual Relationships in Electronic Environment (the"Draft Circular") has been published by the Banking Regulation and Supervision Agency (the "BRSA") for consultation in order to clarify the application of different regulations regarding authentication and transaction security in electronic banking services and to in the establishment of electronic enforcement contractual relationships in the electronic environment.

Within the scope of the Draft Circular, the issues regarding the implementation of the Regulation on Banks' Information Systems and Electronic Banking Services ("BSEBY"), the Regulation on Remote Identification Methods and Establishment of Contractual Relationship in Electronic Environment ("UKTY") and the Regulation on Operating Principles of Digital Banks and Service Model Banking ("DBY") have been

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