30 Mar 2022
The Era of Neobanks: the Regulation on the Operating Principles of Digital Banks and Service Model Banking The concept of digital banking and its history Neobanking, digital banking or branchless banking as a concept in the European Union entered […]
30 Mar 2022
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 […]
16 Mar 2022
Cybercrime under Turkish Law Introduction Cybercrime is a rising trend around the world, and is one of the fastest growing transnational offences in Interpol member countries. As a consequence, damages arising from cybercrime are also rising. For 2021, the […]
1 Feb 2022
The Communiqué on the Procedures and Principles Regarding the Personnel Certification Mechanism (“Communiqué”) prepared by the Personal Data Protection Board (“Board”) was published in Official Gazette numbered 31681 on dated 6 December 2021, as effective of even date. The procedures […]
9 Dec 2021
The following law(s) specifically govern personal data / information: Personal Data Protection Law No. 6698 (“ Law ”) is the main law governing personal data. Other than that, Electronic Communication Law No. 5809, The Law on Regulation of Electronic Commerce No. […]
14 Oct 2021
With the Regulation Amending the Regulation on Intermediaries Trading on Commodity Exchanges (the “Amendment Regulation”) published in Official Gazette dated 25 September 2021 and numbered 31609, the conditions of the stockbroker and stock agent are amended. The amendments made […]
30 Sep 2021
Communiqué numbered 2021/5 (the “Amendment Communiqué”), published in Official Gazette dated 5 August 2021, numbered 31559, amends Communiqué number 2008/6 on International Bank Account Numbers (the “Communiqué”) to allow payment service providers to issue international bank account numbers (“IBAN”), […]
3 Sep 2021
Regulation Amending the Regulation on Credit Transactions of Banks (“Amendment Regulation”) issued by the Banking Regulation and Supervision Agency (“BRSA”) has been published on 8 July 2021, in the Official Gazette numbered 31535 and entered into force of even […]
17 Aug 2021
Communiqué Amending the Communiqué on Registered Electronic Mail Directory and Registered Electronic Mail Account Addresses (“Amendment Communiqué”) issued by the Information and Technologies Authority (“ICTA”) has been published in Official Gazette numbered 31530 on 3 July 2021, and entered […]
17 Aug 2021
Effectiveness of provisional article 32 of the Banking Law, regulating the financial restructuring process, has been extended for two more years pursuant to Presidential Decree numbered 4299 and dated 14 July 2021, published in Official Gazette numbered 31542 on […]
