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

SRP-Legal

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

SRP-Legal

Updates

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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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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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The Communiqué (Serial No: 22) Amending the General Communiqué of the Financial Crimes Investigation Board (Serial No: 5) (“Amending Communiqué”) has been published in the Official Gazette dated 14.01.2023 and numbered 32073. The General Communiqué of the Financial Crimes Investigation Board (Serial No: 5) (“Communiqué”) stipulates life insurances relating to which obliged parties may conduct...

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Regulation Amending the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism (Decision Number: 6702) (“Amending Regulation”) has been published in the Official Gazette dated 14.01.2023 and numbered 32073. Pursuant to the Regulation on Measures to Prevent Laundering Proceeds of Crime and Financing of Terrorism (“Regulation”), which was put into...

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The Network and Information Systems (NIS) 2 Directive (“NIS 2 Directive”) has been published in the Official Journal of the European Union (“EU”) on 27 December 2022. The NIS 2 Directive aims to strengthen, expand and harmonise the existing cybersecurity framework in the EU. The NIS Directive (Directive 2016/1148/EC) (“NIS 1”) which the NIS 2...

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The Regulation on the Electronic Commerce Intermediary Service Providers and Electronic Commerce Service Providers (“Regulation”) has been published in the Official Gazette dated 29 December 2022 and numbered 32058 by the Ministry of Trade. The Regulation regulates the obligations of electronic commerce intermediary service providers and electronic commerce service providers, unfair commercial practices in electronic...

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Press Release dated 26.12.2022 and numbered 2022-53 on the participation of payment and electronic money institutions in the FAST System (“Press Release”) has been published on the website of the Central Bank of the Republic of Türkiye(“CBRT”). According to the Press Release, the Instant and Continuous Transfer of Funds (“FAST”) System, which was designed and...

Blockchain Turkey Platform (BCTR), “Personal Data Protection Law and Blockchain Technology Report” has been published. The report, which aims to respond to an important need in its field, was prepared by the BCTR Law, Regulations and Public Relations Working Group. Our Founder and Managing Partner and Blockchain Turkey Platform (BCTR) Executive Board Member Att. Dr. Çiğdem Ayözger...

The list of WSpark’22’ “The Spark That Makes A Difference”, which was determined by the special jury that our Founding Manager Att. Dr. Çiğdem Ayözger Öngün also included, has been announced. 50 young women that are the symbol of change and dynamism, met on the WSpark’22 “Spark that Makes a Difference” list. In the research,...