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SRP-Legal

Delivering Correct Information
to Our Clients On Time
is Among Our Priorities

SRP-Legal

Updates

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Legal AlertCommuniqué Amending the Communiqué Regarding the Decision No: 32 on the Protection of the Value of Turkish Currency Has Been Published in the Official Gazette.

20 March 2023

Communiqué (Communiqué No: 2023-32/67) Amending the Communiqué (Communiqué No: 2008-32/34) Regarding the Decision No: 32 on the Protection of the Value of Turkish Currency (“Amending Communiqué”) has been published in the Official Gazette dated 23.02.2023 and numbered 32113. The second sentence of paragraph 2 of Article 6 of the Communiqué (Communiqué No: 2008-32/34) Regarding the...

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Legal AlertThe Regulation Amending the Regulation on the Fees to be Charged Under the Law No. 1567 on the Protection of the Value of Turkish Currency Has Been Published in the Official Gazette.

15 March 2023

The Regulation Amending the Regulation on the Fees to be Charged under the Law No. 1567 on the Protection of the Value of Turkish Currency (“Amending Regulation”) has been published in the Official Gazette dated 23.02.2023 and numbered 32113. The definition of “Refinery” has been added to the first paragraph of Article 3 of the...

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UpdatesThe Decision Amending the Decision No. 32 on the Protection of The Value of Turkish Currency Has Been Published in the Official Gazette

13 March 2023

The Decision Amending the Decision No. 32 on the Protection of the Value of the Turkish Currency (“Amending Decision”) has been published in the Official Gazette dated 23.02.2023 and numbered 32113. Article 2 of Decision No. 32 on the Protection of the Value of the Turkish Currency (“Decision”) defining certain terms have been amended. Accordingly,...

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Legal AlertRegulation Amending the Regulation Regarding the Receipt and Distribution of Official Announcements and Advertisements in Electronic Medium Has Been Published in the Official Gazette.

27 February 2023

Regulation Amending the Regulation Regarding the Receipt and Distribution of Official Announcements and Advertisements in Electronic Medium (“Amending Regulation”) has been published in the Official Gazette dated 01.02.2023 and numbered 32091. The provision of the Regulation Regarding the Receipt and Distribution of Official Announcements and Advertisements in Electronic Medium (“Regulation”) regarding the distribution of official...

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Legal AlertGuidelines on Data Sharing Services for Payment Services Has Been Published by the Central Bank of the Republic of Turkey.

24 February 2023

The Central Bank of the Republic of Turkey’s (“CBRT”) Guidelines on Data Sharing Services for Payment Services (“Guidelines”) has been published on December 30, 2022. Article 12, paragraph 1 of the Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions (“Law“) added the following two main services to the...

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Legal AlertThe Regulation on Official Announcements and Advertisements of the Directorate General of the Press Advertisement Agency Has Been Published in the Official Gazette.

23 February 2023

The Regulation on Official Announcements and Advertisements (“Regulation“) of the Directorate General of the Press Advertisement Agency (“Directorate“), which aims to determine the qualifications and duties of periodicals in which official announcements and advertisements will be published and to ensure their distribution without discrimination of opinion and jurisprudence, was published in the Official Gazette dated...

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UpdatesCircular on the Avoidance of Issuing a Compulsory Financial Liability Insurance of Highway Motor Vehicles Policy Has Been Published.

3 February 2023

The Circular on the Implementation of paragraph 4 of Article 15 of the Regulation on Tariff Implementation Principles in Compulsory Financial Liability Insurance of Highway Motor Vehicles (“Circular”) has been published by the Insurance and Private Pension Regulation and Supervision Agency (“Agency”) on 23.01.2023. New paragraphs were added to the Regulation on Tariff Implementation Principles...

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Legal AlertCommuniqué on Redetermination of Minimum Equity Amounts of Payment and Electronic Money Institutions Has Been Published in the Official Gazette Dated 28 January 2023 and Numbered 32087.

1 February 2023

Communiqué on Redetermination of Minimum Equity Amounts of Payment and Electronic Money Institutions (“Communiqué“) which was issued by the Central Bank of the Republic of Turkey has been published in the Official Gazette dated 28.01.2023 and numbered 32087. The Communiqué amends the minimum equity requirement amounts set for certain institutions in Article 33(1) of the...

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