News and Publications

Circular No. 2023/1 (“Circular”) on the Criteria to be Provided for Identity Authentication and Transaction Security in the Establishment of Contract Relations in Electronic Banking Services and the Electronic Media, on the official website of the Banking Regulation and […]

With the Decree Amending the Decree on State Aids in Investments No. 7108 (“Presidential Decree No. 7108“) published in the Official Gazette dated 20 April 2023 and numbered 32169, the “Digital Transformation Support Program”, which was first included in […]

The compliance period for the fulfillment of the provisions which are explained in detail below, that are stipulated in the Provisional Article 1, titled “Transitional Provisions”, paragraphs 1, 5, 9, 11, 17-18 of the Regulation on Payment Services and […]

The Regulation Regarding the Amendment of the Regulation on Remote Identification Methods to be Used by Banks and the Establishment of Agreements in the Electronic Environment (“Amendment Regulation”) has been published in the Official Gazette numbered 21201 and dated […]

The Regulation on the Amendment of the Regulation on the Procedures and Principles Regarding the Electronic Notification System of the Financial Crimes Investigation Board (“Amendment Regulation“) has entered into force upon being published in the Official Gazette numbered 32203 […]

1. Fintech Market  1.1 Evolution of the Fintech Market The Turkish fintech market has a significant number of participants of various sizes. Competitiveness notwithstanding, market players tend to co-operate with one another in keeping the marketplace fair. Consumers demand […]

The monetary thresholds that determine the additional obligations that Electronic Commerce Intermediary Service Providers(“ECISP”) and Electronic Commerce Service Providers(“ECSP“) will be subject to depending on their net transaction volume specified in Additional Articles 2, 3 and 4 of the […]

With the Amendments to the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (“Amended Regulation”) published in the Official Gazette dated 28 February 2023 and numbered 32118, the final compliance date of fulfillment of the […]

Data Sharing Services API Principles for Payment Services (“Guide”) was published on 16 February 2022 by the Central Bank of Turkey General Directorate of Payment Systems and Financial Technologies. The Guide aims to regulate the API principles and rules […]

 1. Fintech Market  1.1 Evolution of the Fintech Market The Turkish fintech market has a significant number of participants of various sizes. Competitiveness notwithstanding, market players tend to co-operate with one another in keeping the marketplace fair. Consumers demand […]