23 Jun 2023
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 […]
23 Jun 2023
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 […]
23 Jun 2023
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 […]
23 Jun 2023
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 […]
6 Jun 2023
The Regulation Amending the Regulation on Measures to Prevent Laundering Proceeds of Crime and Financing of Terrorism (“MASAK Regulation“) (“Amendment Regulation“), which entered into force upon its publication in the Official Gazette dated April 05, 2023, and numbered 32154, […]
10 May 2023
Cryptocurrencies Under Turkish Law Introduction Since their introduction in 2008 by Satoshi Nakamoto, cryptocurrencies are one of the most controversial topics discussed in the financial sector. Although central banks of many countries approached this technology with caution, today, many […]
10 May 2023
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 […]
6 Apr 2023
The Capital Markets Board (“CMB“) states that these amendments aim to strengthen the organizational structure and capital of portfolio management companies, which are the managers of mutual funds and pension mutual funds, and to eliminate certain problems encountered in […]
24 Dec 2021
Law numbered 7343 on the Amendments to the Enforcement and Bankruptcy Law and Certain Laws (“Amendment Law”) was published in Official Gazette dated 30 November 2021 and numbered 31675 and entered into effect on the same day. With the […]
6 Jul 2021
On 4 June 2021, a new Regulation on Disclosure of Confidential Client Information drafted by the Banking Regulatory and Supervisory Authority, (“Regulation”) has been published in Official Gazette numbered 31501. The Regulation will be effective as of 1 January […]
