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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Regulation Amending the Regulation on Payment Services and Electronic Money Issuance, Payment Service Providers (“Amending Regulation”) has been published in the Official Gazette dated 25/11/2022 and numbered 32024. With the Amending Regulation: Transition periods in the certain paragraphs of the Provisional Article 1 of the Regulation on Payment Services and Electronic Money Issuance, Payment Service Providers (“Regulation”)...

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Communiqué Amending the Communiqué on the Management and Supervision of the IT Systems of Payment and Electronic Money Institutions and the Data Sharing Services of Payment Service Providers in the Field of Payment Services (“Amending Communiqué”) has been published in the Official Gazette dated 25/11/2022 and numbered 32024. With the Amending Communiqué, transition periods in the...

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The Financial Crimes Investigation Board General Communiqué (Sequence No: 21) (“Communiqué”) entered into force after being published in the Official Gazette dated 17 November 2022 and numbered 32016. The Communiqué regulates the procedures and principles regarding the tightened measures to be taken and implemented by the obliged parties in relation to “politically exposed persons” for...

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The decision of the Personal Data Protection Board (“Board”) dated 06.01.2022 and numbered 2022/6, regarding the sharing of the personal data of the data subject on the website where the registry information of the company of which the data subject is a former partner was displayed (“Decision”) has been published. In summary, in the complaint...

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In the Draft Circular Numbered 2022/2 on Establishing Criteria for Identity Authentication and Process Security in the Establishment of Contractual Relationship in Electronic Banking Services and Electronic Medium (“Draft Circular”), it was stated that the attached explanations of the Draft Circular (“Explanations”) should be taken into consideration in order to clarify the uniform application of...

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The decision of the Personal Data Protection Board (“Board”) dated 24.02.2022 and numbered 2022/172 regarding requesting special categories of personal data from candidates during the recruitment process by the Turkish liaison office of the data controller resident abroad (“Decision”) has been published. In summary, the data subject submitted a complaint to the Personal Data Protection...

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The Regulation on Collection, Storage and Transfer of Insurance Data (“Regulation”) has been published in the Official Gazette dated 18.10.2022 and numbered 31987. With the Regulation, processing activities regarding insurance data such as obtaining, storing and using insurance data from private legal entities, public institutions and organizations, public professional organizations and their superior organizations and...

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The Central Bank of the Republic of Turkey (“CBRT”) stated that the Guidelines on Associating Business Models Offered in the Payments Area with Payment Service Types (“Guidelines”) aim to associate business models that are frequently encountered in the field of payments with the payment services listed in the Law No. 6493 on “Payment and Securities...

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The decision of the Personal Data Protection Board (“Board”) dated 07.07.2022 and numbered 2022/667, regarding processing of the data subject’s ‘hand geometry’ information to access the service building of an enterprise by the data controller company (“Data Controller”) without explicit consent (“Decision”) has been published. In summary, the data subject submitted a complaint to the Personal...

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The Regulation on the Consumer Arbitration Committees (“Regulation”) has been published in the Official Gazette dated 21/09/2022 and numbered 31960. The Regulation regulates the procedures and principles regarding the establishment and functioning of consumer arbitration committees and covers the activities and processes of consumer arbitration committees within this scope. With the Regulation, the Regulation on...