News and Publications

On 11 August 2023, the Communiqué (Serial No: 24) concerning Amendments to the General Communiqué of the Financial Crimes Investigation Board (Serial No: 19) was officially published in the Official Gazette numbered 32276. Thus, revisions have been introduced to […]

Overview The “Buy Now Pay Later” (“BNPL”) market has experienced significant growth in recent years, driven by changing consumer preferences and the rise of e-commerce. According to a report by Global Data, the BNPL market has witnessed a surge […]

The European Commission (“Commission“) published the “Financial Data Access and Payments Package” (“Package“) on 28 June 2023. With this Package, a significant step was taken in amending the legislation regulating the financial sector, including payment systems, within the scope […]

The Digital Transformation Office of the Presidency of the Republic of Türkiye (“Digital Office“) has published a report consisting of 67 pages titled “Chatbot Applications and the Example of ChatGPT” (the “Report“). The report provides the definition and classification […]

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 the Sale of Refurbished Products (“Amending Regulation“) has entered into force upon being published in the Official Gazette dated 18 April 2023 and numbered 32167, in order to amend the […]

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 […]