Recent Developments The Banking and Insurance Transaction Tax (“BITT”) imposed on foreign currency (“FX”) transactions decreased to 0.2% from 1% […]
What’s New? The Banking Regulatory and Supervisory Authority (”BRSA”) amended the asset ratio (“AR“) set out for deposit and participation […]
Recent Development The Banking Regulatory and Supervisory Authority (“BRSA“) presented the Draft Communiqué on Remote Identification Methods to be […]
Recent Development The recent amendments to the Capital Market Law No. 6302 (“Law“) (which we have elaborated on in our […]
Recent Development Borsa Istanbul (“BIST“) issued an announcement (“Announcement“) on September 17, 2020 about changes to the market structure of […]
Recent Development The dividend distribution limitation period was extended for an additional three months pursuant to the Presidential Decision No. […]
Recent Developments In accordance with the Presidential Decree No. 2949 dated September 17, 2020 (“Presidential Decree“), RER-certified production license holders […]
Recent Development We shared the draft Communiqué on Noteholders Meeting which the Capital Markets Board of Turkey (“CMB“) made available […]
Recent Development The Central Bank of the Republic of Turkey (“CBRT”) introduced an amendment (“Amendment”) to the Capital Markets Circular […]
Recent Development The Banking Regulatory and Supervisory Authority (“BRSA“) decreased the maximum term of consumer loans from 60 months to […]
Recent Development The Turkish Personal Data Protection Authority (“DPA“) published the summary of its decision evaluating the cross-border transfer of […]
Recent Development Within the scope of governmental measures taken due to the COVID-19 pandemic, the Presidential Decision No. 2811 extended […]
Submission Deadline of First Notification of Country-by-Country Reporting Extended Recent Development The Presidential Decree No. 2151, published in the Official […]
Recent Developments The Central Bank of the Republic of Turkey (the “CBRT“) introduced an amendment to the Capital Markets Circular […]
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