Banking and finance

The Capital Management Board in Türkiye has issued, for public comment, the draft templates of the information forms that are mandatory under the crowdfunding regulations.

The Turkish Ministry of Trade and the Ministry of Treasury and Finance published the regulation on Keeping of Commercial Books Unrelated to Business Accounting in Electronic Environment.

As the legal systems worldwide struggle to keep up to pace with the rapid evolution in digital services, jurisdictions have initiated regulatory measures.

There are numerous reasons why the Netherlands, for many years, has been a favorite jurisdiction for Turkish investors setting up so-called “HoldCos” when investing outside of Turkey (into third countries) as well as international investors with Turkish investment.

Updated information regarding recent legislation.

The Regulation Tomorrow Podcast is back with Episode 4.

In late 2020, the Ministry of Treasury and Finance adopted certain amendments to the Capital Movements Circular to introduce a more relaxed regime for project sponsors considering foreign currency denominated loans to fulfil the equity contribution obligations and financing needs of Turkish public-private partnership (PPP) projects.

On Christmas eve, the UK Government and the European Commission (Commission) announced that they had reached agreement on a free trade agreement.

While Turkey’s engagement continues to grow exponentially in Africa, particularly in OHADA jurisdictions, it remains crucial for Turkish investors to obtain robust security interests in order to secure amounts invested by them.

The anticipated cessation of LIBOR at the end of 2021 presents an ominous predicament for foreign lending into emerging market economies.