Mondaq All Regions - Turkey: Finance and Banking
Ozogul Yenigun & Partners
With the enforcement of the new regulation, Turkish residents with no foreign currency income are prohibited from making foreign currency loans, either from abroad or from within Turkey.
Nazali
Tebliğ'in 2. maddesinde, Tebliğ'in 6362 sayılı Kanun'un 48.
Erdem & Erdem Law
The LEI is a twenty character alpha-numeric code used as an international standard for reporting and identifying underlying counterparties to transactions.
Erdem & Erdem Law
The scope of the obligations under the Management Communiqué includes the institutions established as per, or subject to, the Capital Markets Law.
ELIG Gürkaynak Attorneys-at-Law
This article will address major amendments and novelties stipulated for foreign exchange and foreign exchange denominated loans.
ELIG Gürkaynak Attorneys-at-Law
The Republic of Turkey Prime Ministry Undersecretariat of the Treasury has introduced amendments to both the Decree on the Protection of the Value of Turkish Currency No. 32 ("Decree") and the communiqué regarding the same (the communiqué No. 2008-32/34) ("Communiqué"), which were published in the Official Gazette of January 25, 2018.
Ozogul Yenigun & Partners
Kefalet sözleşmesi; Türk Borçlar Kanunu ("TBK") m.581 uyarınca, kefilin alacaklıya karşı, borçlunun borcunu ifa etmemesinin sonuçlarından kişisel olarak sorumlu olmayı üstlendiği sözleşme niteliğini taşımaktadır.
Moroğlu Arseven
Turkish residents with no foreign currency income are generally prohibited from making foreign currency loans, either from abroad or from within Turkey.
Moroğlu Arseven
Turkey has updated the leasing financial support scheme which is available to Turkish companies' foreign entities. The scheme offers support for leasing stores, warehouses and offices.
Bezen & Partners
The Council of Ministers' has recently adopted changes to Decree No. 32 Regarding the Protection of the Value of the Turkish Lira ("Decree No. 32") which governs the general currency control and capital flows regime of the Republic of Turkey.
Gun + Partners
With the enforcement of the new regulation, Turkish residents will not be able to utilize foreign currency indexed loans from Turkey or abroad.
Eryürekli Attorney Partnership
Financial leasing transactions in foreign currency in relation to certain machines and tools listed in certain customs tariff statistics positions.
Eryürekli Attorney Partnership
This Briefing Note seeks to guide the residents of Turkey who provide foreign currency loans from foreign financial institutions and summarizes the major principle and exception as well as the restrictions applicable under Turkish legislation...
Çukur & Yılmaz Law Firm
Despite the fact that a considerable Muslim population lives in Turkey, the legal basis of Sukuk as the financial instrument, which is a free interest financing model has been set up with the Communiqué Series III...
Moroğlu Arseven
The minimum compensation amount which creditors can claim for recovery cost has also increased from 150 to 185 Turkish Liras.
Moroğlu Arseven
The threshold used by banks in Turkey to determine credit limits for auto loans, loans secured by vehicles and financial leasing has increased from 50,000 to 100,000 Turkish Liras.
Moroğlu Arseven
Turkey has loosened its rules for bank spin-offs, introducing a new distinction for partial spin-offs and excluding these transactions from the scope of certain rules.
ELIG Gürkaynak Attorneys-at-Law
Borsa Istanbul A.Ş. ("BIST") has introduced a number of significant amendments on the Listing Directive on July 31, 2017.
Bezen & Partners
Thus, with the Amending Law, futures and option contracts will be exempt from the BITT regardless of where they are performed.
Eryürekli Attorney Partnership
This legal alert aims to set out the terms of General Letter No. 808 released by Central Registry Agency in Turkey on December 12, 2017 regarding "SWIFT Balance Notification" to be disclosed to foreign custodians.
Most Popular Recent Articles
Ozogul Yenigun & Partners
Kefalet sözleşmesi; Türk Borçlar Kanunu ("TBK") m.581 uyarınca, kefilin alacaklıya karşı, borçlunun borcunu ifa etmemesinin sonuçlarından kişisel olarak sorumlu olmayı üstlendiği sözleşme niteliğini taşımaktadır.
ELIG Gürkaynak Attorneys-at-Law
The Republic of Turkey Prime Ministry Undersecretariat of the Treasury has introduced amendments to both the Decree on the Protection of the Value of Turkish Currency No. 32 ("Decree") and the communiqué regarding the same (the communiqué No. 2008-32/34) ("Communiqué"), which were published in the Official Gazette of January 25, 2018.
Erdem & Erdem Law
The LEI is a twenty character alpha-numeric code used as an international standard for reporting and identifying underlying counterparties to transactions.
ELIG Gürkaynak Attorneys-at-Law
This article will address major amendments and novelties stipulated for foreign exchange and foreign exchange denominated loans.
Erdem & Erdem Law
The scope of the obligations under the Management Communiqué includes the institutions established as per, or subject to, the Capital Markets Law.
Ictem Legal
Islamic financing in various forms and shapes is playing an increasingly important role within the overall money markets.
Eryürekli Attorney Partnership
This Briefing Note seeks to guide the residents of Turkey who provide foreign currency loans from foreign financial institutions and summarizes the major principle and exception as well as the restrictions applicable under Turkish legislation...
Bezen & Partners
The Council of Ministers' has recently adopted changes to Decree No. 32 Regarding the Protection of the Value of the Turkish Lira ("Decree No. 32") which governs the general currency control and capital flows regime of the Republic of Turkey.
Erdem & Erdem Law
Mutual funds are obliged to prepare various reports and tables in order to fulfill their financial reporting obligations.
Gun + Partners
With the enforcement of the new regulation, Turkish residents will not be able to utilize foreign currency indexed loans from Turkey or abroad.
Moroğlu Arseven
Turkish residents with no foreign currency income are generally prohibited from making foreign currency loans, either from abroad or from within Turkey.
ELIG Gürkaynak Attorneys-at-Law
The transfer of loan agreements where the borrower or the guarantor is a Turkish public or private institution, or the Republic of Turkey, and which are extended by foreign banks and/or financial institutions to other foreign banks and financial institutions, may be subject to legal requirements under Turkish law.
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