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Legal Alert

09.01.2019

This Legal Alert seeks to provide general information regarding the recent amendments in Turkish capital markets.

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Legal Alert

26.12.2018

Central Bank of Turkey introduced new rules, one of which enables revolving loans denominated in foreign currency to be utilized by Turkish residents under certain conditions.

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Legal Alert

21.12.2018

Gayrimenkul Yatırım Fonlarına İlişkin Esaslar Tebliği’nde (III-52.3) Değişiklik yapılmasına Dair Tebliğ (III-52.3.ç) 20 Aralık 2018 tarihli ve 30631 sayılı Resmi Gazete’de yayımlanmış ve aynı tarihte yürürlüğe girmiştir.

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Briefing Notes

19.11.2018

The Ministry of Treasury and Finance issued the Communiqué numbered 2018-32/52 on 16 November 2018 that revises certain provisions of the Communique numbered 2018-32/34 on implementation of the ban on foreign currency contracts.

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Briefing Notes

08.10.2018

Following the recent Decree of the Presidency of the Republic of Turkey dated 13 September 2018, (Decree No: 85) that bans to use foreign currencies in contracts between Turkish residents, the Ministry of Treasury and Finance issued the Communiqué numbered 2018-32/51 on October 6, 2018, (the “Communique”) that clarifies implementation of the Decree and clarification of certain exemptions.

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Legal Alert

04.10.2018

Following the recent Decree of the Presidency of the Republic of Turkey dated 13 September 2018 (Decree No: 85) that bans to use foreign currencies in contracts between Turkish residents, the Ministry of Treasury and Finance circulated a draft Communique on October 3, 2018, to receive opinions of relevant parties on implementation of the referred Decree and clarification of applicable exemptions.

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