Amendments Made to the Capital Movements Circular

Capital Movements Circular (“Circular”) has been amended with a letter of T.R. Ministry of Treasury and Finance on 16.03.2021.

Savings Finance Companies Have Recently Been Introduced to the Turkish Financial Market

Law amending the Law on Financial Leasing, Factoring and Financing Companies and Other Laws (“Amending Law”) entered into force on March 7, 2021.