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 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...

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The Regulation Amending the Regulation on Principles and Rules to be Applied in Retail Trade (“Regulation“) issued by the Ministry of Trade has been published in the Official Gazette dated 07/12/2022 and numbered 32036. With the Regulation, Article 12/Ç has been added to the Regulation on Principles and Rules to be Applied in Retail Trade...

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The Turkish Constitutional Court’s (“Court”) decision with application number 2018/16857 (“Decision“) was published in the Official Gazette on November 29, 2022. In the Decision, the claim that the investigation into the complaint of unlawful recording of a non-public conversation was not conducted in accordance with the positive obligations of the state and therefore the right...

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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...