Banking and Finance

Turkish Banking Green Asset Reporting Obligation

Turkish Banking Green Asset Reporting Obligation

Turkish Banking Green Asset Reporting Obligation has officially commenced. A Communiqué on the Calculation of Green Assets of Banks is newly circuited in the Official Gazette dated April 11, 2025 and numbered 32867 (hereinafter as the Communiqué). The Communiqué is intended to measure the contribution of banks to the financing of environmentally sustainable economic activities. […]

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Establishing a Payment System Operator in Turkey

Establishing a Payment System Operator in Turkey

Establishing a Payment System Operator in Turkey involves a set of legal steps that should be taken in due diligence. Undoubtedly banking and finance represents one of the most complicated fields in Turkey in terms of the enforcement of banking obligations such as secure transaction methods, the inclusion and deployment of financial technologies, the right

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