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Tag: financial services

The Compliance Period with the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers and the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services of Payment Service Providers in the Field of Payment Services Has Been Extended Until 30 June 2023.

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 […]

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With the Amendment to the Communiqué on the Principles Regarding Portfolio Management Companies and Their Activities, Initial Capitals and Equity Amounts of Portfolio Management Companies Were Revised and Additional Regulations Were Introduced Regarding Their Organizational Structures.

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 […]

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