Recent Changes in the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Currency

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The Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Currency (“Communiqué”) has been amended with the Communiqué (No: 2024-32/69) Amending the Communiqué.

Banking & Finance, Restrictions on Commercial TRY Loans

The Banking Regulatory and Supervisory Authority’s (“BRSA”) decision dated 07.07.2022 and numbered 10265 regarding the..


Istanbul Finance Center Law (“IFC Law”) entered into force on 22.06.2022.

Green Sukuk Working Report

On May 26, 2022, the Presidency of the Turkish Republic Finance Office published its Green Sukuk Working Report..

International Comparative Legal Guide – Project Finance 2021

We are delighted to announce that our Banking & Finance team has contributed to the Turkey Project Finance 2021 Chapter of the International Comparative Legal Guides. Free access is now available.

Money Laundering Regulation is Expanded to Cover Crypto Asset and Saving Finance Companies

By the Regulation Regarding the Amendment to the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism published at the Official Gazette..

New Era in Banking: Branchless Digital Banking

Regulation on Remote Identification Methods to be Used by Banks and Establishment of Contractual Relations in Electronic Media..

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.

Loan Utilization and Prepayment Fees are Recently Amended

The Regulation on Remote Working (“Regulation”) is issued by the Ministry of Family, Labor and Social Services in accordance with Article 14 of the Labor Law (“Law”).