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94 results found

Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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")…
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