Share on LinkedInShare on LinkedIn

ARTICLE · 23 FEBRUARY 2023

Community Cloud For Fintech Companies

SRP Legal
Explore more from SRP Legal

Cloud services are widely used by technology and FinTech companies. Accordingly, data transfer and payment services are regulated with specific legislation in Turkey.

TurkeyTechnology
SRP Legal
SRP Legal
Author LinkedIn connections

1. Introduction

Cloud services are widely used by technology and FinTech companies. Accordingly, data transfer and payment services are regulated with specific legislation in Turkey. Recently, with the Guidelines for External Service Providers Offering Community Cloud Services ("Guideline") that the Central Bank of the Republic of Turkey ("CBRT" or "Bank") has published, the requirements on external service providers wishing to offer services through the community cloud service model have been regulated. FinTech companies need to comply with these requirements within the given effective period of one year in order to continue providing their services. This article will give insights into the legal framework surrounding cloud services in general, especially community cloud services, and bring criticism to the recently published Guideline.

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

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Related Articles

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

Read more about

Related Comparative Guides

See more popular content from

Article

The Use Of Artificial Intelligence In Legal Practice: Key Takeaways From The Union Of Turkish Bar Associations’ Guide

Generative artificial intelligence (“AI”) tools have become part of day-to-day legal practice in many jurisdictions. From summarising contracts and lengthy decisions to preparing first drafts of correspondence and supporting legal research, these tools now assist lawyers at many stages of their work. As their use becomes more widespread, the focus is increasingly shifting from whether AI should have a place in legal practice to the conditions under which it can be used consistently with lawyers’ professional obligations.
TurkeyTechnology
Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership
Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership
Article

Türkiye Artificial Intelligence Action Plan (2026–2030) Published

The Presidential Circular dated 17.08.2026 and numbered 2026/9 (the “Circular”), published in the Official Gazette dated 18.08.2026 and numbered 33344, has put into effect the Türkiye Artificial Intelligence Action Plan (2026–2030) (the “Action Plan”), which sets out Türkiye’s roadmap for artificial intelligence policies for the 2026–2030 period. The Action Plan has also been published on the official website of the Ministry of Industry and Technology.
TurkeyTechnology
Ozbilen Aykut Attorneyship
Ozbilen Aykut Attorneyship
Article

Türkiye’s Artificial Intelligence Action Plan For 2026 Published

Presidential Circular No. 2026/9, dated 17 August 2026, was published in the Official Gazette on 18 August 2026. The Circular requires public institutions and organisations to carry out the necessary work and provide the support needed to implement the Türkiye Artificial Intelligence Action Plan (the “Plan”), which sets out Türkiye’s artificial intelligence roadmap for the 2026–2030 period.
TurkeyTechnology
Gen Temizer Erdogan Girgin Attorney Partnership
Gen Temizer Erdogan Girgin Attorney Partnership
Article

Türkiye Ulusal Yapay Zekâ Stratejisi Eylem Planına Genel ve Hukuki Bir Bakış

Sanayi ve Teknoloji Bakanlığı (“Bakanlık”) tarafından 18 Ağustos 2026 tarihinde yayımlanan 2026–2030 Türkiye Yapay Zekâ Eylem Planı (“Eylem Planı”), Türkiye'nin yapay zekâ ekosistemini kapsayıcı bir hukuki, teknik ve ekonomik çerçevede yapılandırmayı hedefleyen 16 öncelikli eylemi ortaya koymaktadır. “Fark Et”, “İstifade Et”, “Üret” ve “Yönet” şeklinde dört temel eksen üzerine inşa edilen Eylem Planı; insan odaklılık, etik sorumluluk, güvenilirlik, sürdürülebilir kalkınma ve dijital egemenlik ilkelerini benimsemektedir.
TurkeyTechnology
Sakar Law Office
Sakar Law Office