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Banking & Finance

Legal Alert

02.07.2018

This Legal Alert seeks to provide information regarding the amendment made to Central Bank of Turkey’s Articles of Association for the monitoring of real and legal persons’ transactions that would affect their foreign currency positions

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Legal Alert

19.06.2018

This Legal Alert seeks to provide information regarding the recent amendments to the “Circular on Capital Movements of the Central Bank of the Republic of Turkey”.

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Legal Alert

28.02.2018

This Legal Alert seeks to provide information regarding the new data tracking system introduced by Central Bank of Turkey for monitoring the transactions of companies affecting their foreign currency position.

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Legal Alert

26.01.2018

This legal alert aims to introduce the recent amendments on Decree No. 32 and Communiqué regarding Decree No. 32 adopted by the Council of Ministers and Undersecretariat of Treasury of Republic of Turkey.

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Briefing Notes

24.01.2018

This Briefing Note seeks to guide the residents of Turkey who provide foreign currency loans from foreign financial institutions and summarizes the major principle and exception as well as the restrictions applicable under Turkish legislation including taxation rules with respect to extension of foreign currency loans from abroad.

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Legal Alert

13.12.2017

This legal alert aims to set forth the new thresholds revised by Banking Regulation and Supervision Agency (“BRSA”) dated December 12, 2017 with regards to the loan extension thresholds applicable for vehicle loans, vehicle collateralized loans and financial lease of vehicles to be extended to consumers.

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