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ARTICLE · 10 MARCH 2023

Liabilities Regarding Payment And Electronic Money Institutions Are Extended

Ozdagistanli Ekici Avukatlik Ortakliği
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Institutions operating as of December 1, 2021, are obliged to comply with provisions that were not previously included.

TurkeyTechnology
Burak Özdağıstanli
Burak Özdağıstanli
Ebru Gümüş
Ebru Gümüş
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With the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers ("Regulation"), and the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services in the Field of Payment Services Providers ("Communiqué") published in the Official Gazette dated December 1, 2021, and numbered 31676, payment institutions and electronic money institutions are defined and the obligations regarding these institutions are regulated.

With the Regulation on Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers, and Amending the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services in the Field of Payment Services Providers Communiqué published in the Official Gazette dated February 28, 2023, and numbered 32118, the transition periods in some provisions regarding the compliance obligations in

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