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Canpolat Legal | Turkey | 23 Nov 2020
Turkey is to adopt video identification as primary method during digital onboarding
Turkey had paved the way for digital onboarding in finance sector at the middle of this year by making some amendments in the relevant regulations…
Baker McKenzie | Turkey | 5 Nov 2020
Changes to Credit Card Interest Rates
The Central Bank of the Republic of Turkey ("CBRT") published the Communiqué No. 2020/16 on the Maximum Interest Rates for Credit…
HERDEM Attorneys at Law | Turkey | 2 Nov 2020
Turkey Regulated Interest Rates for Credit Cards
Central Bank of the Republic of Turkey ("CBRT") has recently issued the Communique on Maximum Interest Rates for Credit Cards numbered 2020/16 which…
CMS Legal | Turkey | 16 Oct 2020
Turkey decreases taxes on foreign currency banking and insurance transactions
This tax decrease to 0.2% was issued in Presidential Decree 3031 published in the Official Gazette on 30 September 2020 and amends Decision 98/11591…
Hergüner Bilgen Özeke | Turkey | 16 Oct 2020
New FX Related Regulations for Foreign Capital Companies
The FX legislation, which was substantially amended in 2018 to protect the value of the Turkish Lira, has now introduced new clarifications and…
Baker McKenzie | Turkey | 11 Sep 2020
Turkish FX Laws: Capital Movements Circular Amends FX Earnings Statements for FX Loans
The Central Bank of the Republic of Turkey (“CBRT”) introduced an amendment (“Amendment”) to the Capital Markets Circular…
Baker McKenzie | Turkey | 3 Sep 2020
Turkish FX Laws: Changes to Capital Movements Circular
The Central Bank of the Republic of Turkey (the “CBRT“) introduced an amendment to the Capital Markets Circular…
CMS Legal | Turkey | 2 Sep 2020
New era for digital payment systems in Turkey: Turkish QR Code
The Regulation on the Generation and Use of the Turkish QR Code in Payment Services ("Regulation") was published in the Official Gazette dated 21…
Baker McKenzie | Turkey | 28 Aug 2020
Turkish QR Code Introduced to Payment Services
The Central Bank of the Republic of Turkey (the "CBRT") enacted the Regulation on the Generation and Use of the Turkish QR Code in…
HERDEM Attorneys at Law | Turkey | 24 Aug 2020
QR Code Payment Services Standardized in Turkey
The Regulation on the Generation and Use of TR QR Code in Payment Services ("Regulation") of the Central Bank of the Republic of Turkey ("CBRT")…
