Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 21 JANUARY 2016

Restrictions And Notification Requirements Amended For Currency Transfers Across Turkish Borders

Moroglu Arseven
Moroglu Arseven
Contributor
Moroglu Arseven

Moroglu Arseven

Celebrating its 25th year, Moroğlu Arseven is an independent, full-service Turkish law firm...

View firm profile
Explore more from Moroglu Arseven

Certain restrictions have been introduced in Turkey regarding currency transfers across national boundaries.

TurkeyInternational Law
Dr. E. Seyfi Moroğlu, LL.M.
Dr. E. Seyfi Moroğlu, LL.M.
Author LinkedIn connections

Certain restrictions have been introduced in Turkey regarding currency transfers across national boundaries. Also, notification requirements have been amended to increase authorities' control over cash-flows and protect the local currency's value in international markets. Decision Number 32 Regarding Protection of the Value of Turkish Currency outlines the regulatory framework and authorizes the Prime Ministry to issue related Comminiqués. Accordingly, the Communiqué Amending Communiqué Number 2008-32/34 on Decision Number 32 Regarding Protection of the Value of Turkish Currency ("Communiqué") was published in the Official Gazette on 30 December 2015, entering into effect on the same date.

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.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

WTO Is Reshaping Turkish Automotive Industry: What You Need To Know

In April 2024, we wrote about Turkey's newly introduced regulatory framework for electric vehicle ("EV") imports and questioned whether a regime requiring certain importers to establish their own (not through any third parties) service networks, operate a forty-person call centre and comply with additional certification and representation requirements could be reconciled with Turkey's international trade obligations1.
TurkeyInternational Law
Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership
Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership
Article

Enforcement Of Russian Court Decisions And Arbitral Awards In Türkiye: A New Era

The geopolitical shifts in recent years drastically changed the landscape of international dispute resolution. Today, finding legal representation and navigating the dispute itself are only the initial hurdles; winning a case on the merits is no longer the finish line. The real challenge—and the ultimate battleground—is successfully enforcing those judgments and arbitral awards abroad.
TurkeyInternational Law
Baysal & Demir
Baysal & Demir
Article

Turkey’s NGGS Filing Calendar For Anti-Dumping And Countervailing Measures Expiring In 2027

Communiqué No. 2026/28 on the Prevention of Unfair Competition in Imports, published in Official Gazette No. 33340 dated 14 August 2026 (the “Communiqué”), announced eleven anti-dumping and countervailing measures whose periods of application will expire during the first half of 2027. Unless an expiry review investigation, known in Turkish as a nihai gözden geçirme soruşturması (“NGGS”), is opened in respect of them, those measures will expire between 15 January and 14 June 2027.
TurkeyInternational Law
ASY Legal
ASY Legal
Article

Tariff Changes Under The Ukraine-Türkiye Free Trade Agreement

The Ukraine-Türkiye Free Trade Agreement introduces significant tariff changes affecting agricultural products, manufactured goods, and steel, with duty reductions ranging from immediate elimination within quotas to gradual six-year phase-outs. This detailed analysis compares pre-FTA baseline rates with new preferential treatment, examining quota-based concessions for poultry, dairy, chocolate, and tomato products entering Ukraine, alongside substantial reductions for wheat flour, butter, cheese
GlobalInternational Law
NAZALI Attorney Partnership
NAZALI Attorney Partnership
Article

New Age Verification And Child-Specific Service Obligations Introduced For Social Network Providers

Turkey's new regulation mandates strict age verification and child-specific protections for social media platforms, prohibiting services to users under 15 and requiring segregated, privacy-enhanced accounts for those aged 15-17. Social network providers must implement parental controls, restrict targeted advertising and profiling, and establish transparent appeal mechanisms, with enforcement beginning November 2026.
TurkeyPrivacy
Moroglu Arseven
Moroglu Arseven
Article

New Rules For Social Networks And Game Platforms In Türkiye

Turkey's amended Law No. 5651 introduces comprehensive regulatory obligations for social network providers and gaming platforms, establishing age verification requirements, parental controls, and content moderation standards. The legislation, effective November 2026, creates a graduated enforcement framework with administrative fines reaching up to 3% of global turnover and potential bandwidth restrictions for non-compliant platforms.
TurkeyMedia, Telecoms, IT, Entertainment
Moroglu Arseven
Moroglu Arseven
Article

Commitments And Changing Market Conditions: The Yemeksepeti Case

The Turkish Competition Board has partially lifted commitments previously imposed on Yemeksepeti, finding that the online food delivery market has evolved from a near-monopoly to a competitive multi-player environment. This decision examines how binding commitments may be reassessed when market conditions materially change, and explores the treatment of most-favoured-nation clauses under both antitrust and abuse of dominance provisions.
TurkeyAntitrust/Competition Law
Moroglu Arseven
Moroglu Arseven
Article

New Regulation On Plant Quarantine Was Published

Turkey's new Plant Quarantine Regulation introduces comprehensive digital transformation through the BKKTS system, eliminating wet signatures for entry, exit, and transit procedures. The regulation establishes stricter controls for high-risk products, mandates electronic plant health certificates with QR codes, and implements a three-stage official control process to prevent contamination from harmful organisms.
TurkeyEnvironment
Moroglu Arseven
Moroglu Arseven
Article

CMB Updates Share Ownership Disclosure And Free Float Rules

The Capital Markets Board of Türkiye has introduced significant changes to share ownership disclosure requirements and free float calculations for companies listed on Borsa İstanbul. The new regulations lower the minimum disclosure threshold from 5% to 3% and establish updated rules for how repurchased shares and indirect shareholdings affect free float calculations. These changes have important implications for direct shareholders, persons acting in concert, and those with indirect ownership stru
TurkeyFinance and Banking
Moroglu Arseven
Moroglu Arseven