Financial institutionshttps://www.nortonrosefulbright.com/en/inside-turkiye/blog/rss/financial-institutionsInside Türkiyeen{7C2D9D96-1772-4331-9A36-45ACBE05545C}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2024/03/recent-changes-in-the-communique-about-the-protection-of-the-turkish-currencys-valueAyça GümüşayBanking and financeFinancial institutionsRecent changes in the Communiqué about the protection of the Turkish currency’s valueThe Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Currency (“Communiqué”) has been amended with the Communiqué (No: 2024-32/69) Amending the Communiqué.Tue, 05 Mar 2024 14:20:00 ZAyça Gümüşay{98B860A8-3190-4145-8543-AED82995CFD7}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2024/02/amendment-to-the-regulation-on-insurance-and-reinsurance-brokers-in-turkiyeSenem Gölge YalcinFinancial institutionsBanking and financeAmendment to the Regulation on Insurance and Reinsurance Brokers in TürkiyeThe amendments introduced the Insurance and Private Pension Supervisory and Audit Authority and Board into the lexicology of the regulation.Tue, 20 Feb 2024 15:11:00 ZSenem Gölge Yalcin{6F4FF1B0-FA9C-44B7-B033-BB49DC0D5BF6}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2023/05/non-public-companies-in-turkey-may-now-sell-shares-without-public-offeringSenem Gölge YalcinCapital marketsFinancial institutionsNon-public companies in Turkey may now sell shares without public offeringA new communiqué introducing the possibility for non-public companies to sell their shares to qualified investors through capital increases without a public offering and to be traded on the Venture Capital Market is published.Tue, 30 May 2023 15:22:46 ZSenem Gölge Yalcin{B18B85CC-7064-471B-AD37-99770C3BDF02}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2023/05/the-turkish-technology-ecosystem-digital-banking-eraFatoş OtcuoğluÖykü ÇakalgözThe Turkish Technology EcosystemFinancial institutionsTechnology and innovationThe Turkish Technology Ecosystem: Digital banking eraWith its tech-savvy population, Turkey is no exception to the worldwide shift in customer preferences toward digital platforms.Fri, 26 May 2023 13:54:00 ZFatoş Otcuoğlu, Öykü Çakalgöz{B6C58F1D-9AA2-4140-A1DA-8D6208DD7AF4}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2023/02/increase-in-monetary-limits-for-know-your-customer-requirementsSenem Gölge YalcinAyça GümüşayFinancial institutionsComplianceIncrease in monetary limits for know your customer requirementsSome of the monetary limits under the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism, with respect to customer identification requirements and wire transfer limitations are increased to be effective as of February 1, 2023.Wed, 15 Feb 2023 14:17:00 ZSenem Gölge Yalcin, Ayça Gümüşay{F685C973-0BDA-4EBE-B7FE-E36CA42A5A4B}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/11/new-restrictions-on-commercial-try-loansFatoş OtcuoğluBanking and financeFinancial institutionsNew restrictions on commercial TRY loansThe Banking Regulatory and Supervisory Authority’s decision in Turkey, dated July 7th, 2022 and numbered 10265, regarding the restrictions on commercial loans denominated in TRY has been amended by the BRSA’s new decision dated October 21st, 2022 and numbered 10389. Tue, 22 Nov 2022 17:43:00 ZFatoş Otcuoğlu{2EEDCF94-522B-41C0-877E-B35283446F3E}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/11/inside-cop27-latest-insights-and-news-from-egyptEnvironmental, social and governance (ESG)EnergyFinancial institutionsTransportInside COP27: Latest insights and news from EgyptCOP27, the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), is taking place in Sharm El-Sheikh, Egypt between 7-18 November, 2022.Wed, 16 Nov 2022 15:17:00 Z{470D2753-2B73-4BD8-A588-E03980E16DFE}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/11/how-can-you-protect-your-company-from-high-inflationJames LockwoodErgin MizrahiFatoş OtcuoğluFinancial institutionsRisk advisoryHow can you protect your company from high inflation?As inflation creates uncertainty globally, corporate decision makers are working on plans to mitigate its consequences.Wed, 09 Nov 2022 15:36:00 ZJames Lockwood, Ergin Mizrahi, Fatoş Otcuoğlu{F13B4B2B-4BFF-4D4B-B89B-19542916CF5D}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/08/the-new-istanbul-finance-center-lawSenem Gölge YalcinFinancial institutionsBanking and financeReal estateThe new Istanbul Finance Center lawIstanbul Finance Center Law (“IFC Law”) entered into force in June 2022.Mon, 22 Aug 2022 17:56:00 ZSenem Gölge Yalcin{2FBC533B-65D1-47E8-ADFA-9499BC5132B4}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/06/new-temporary-cap-introduced-for-residential-lease-rental-fee-increasesDuygu OzmenReal estateFinancial institutionsNew temporary cap introduced for residential lease rental fee increasesA new law includes a significant amendment on Turkish Code of Obligations regarding the maximum rate that will be applicable for rental fee increases of residential leases.Fri, 17 Jun 2022 15:11:00 ZDuygu Ozmen{49629B9F-100D-4816-A94F-F47EF6FAF858}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/06/sec-proposes-new-disclosure-requirements-for-investment-funds-and-advisorsA. Deniz AltınayGalya Kohen BenbanasteEnergyFinancial institutionsEnvironmental, social and governance (ESG)SEC proposes new disclosure requirements for investment funds and advisorsUS SEC proposed amendments to the rules in order to require investment funds and advisers to make more specific disclosures on their prospectuses, annual reports and adviser brochures based on their ESG strategies.Wed, 15 Jun 2022 20:19:00 ZA. Deniz Altınay, Galya Kohen Benbanaste{86F3B828-B0B3-4F6D-ADD3-B3A0D52E06FA}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/06/the-turkish-technology-ecosystem-an-introductionAyşe Yüksel MahfoudCem TecimerBanking and financeCorporate, M&A and securitiesFinancial institutionsTechnology and innovationThe Turkish Technology EcosystemThe Turkish Technology Ecosystem: An introductionNorton Rose Fulbright, in collaboration with its Turkish alliance firm Pekin Bayar Mizrahi, is launching a series of articles relating to the Turkish technology ecosystem.Wed, 15 Jun 2022 20:19:00 ZAyşe Yüksel Mahfoud, Cem Tecimer{07E445A1-C656-4DCE-8CB9-11B9B3F7B4B1}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/06/norton-rose-fulbright-won-prestigious-awards-in-europe-and-the-middle-eastAyşe Yüksel MahfoudFinancial institutionsTransportNorton Rose Fulbright won prestigious awards in Europe and the Middle EastNorton Rose Fulbright won IFLR’s “European Restructuring Deal of the Year Award” for the second consecutive year, was recognized by Airfinance Journal at the 11th Aviation 100 Deals of the Year Awards.Tue, 14 Jun 2022 19:11:00 ZAyşe Yüksel Mahfoud{118BA592-CCFA-49D7-A781-C505E657680A}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/06/the-presidency-of-the-turkish-republic-finance-office-published-its-green-sukuk-working-reportUtku ÜnverDamla ÇayFinancial institutionsBanking and financeThe Presidency of the Turkish Republic Finance Office published its Green Sukuk Working ReportOn May 26, 2022, the Presidency of the Turkish Republic Finance Office published its Green Sukuk Working Report.Thu, 09 Jun 2022 13:17:00 ZUtku Ünver, Damla Çay{91756902-4089-4437-8105-20EF22DF0BB1}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/06/bitcoin-and-public-policy-in-international-arbitration-enforcementErgin MizrahiFinancial institutionsBitcoin and public policy in international arbitration enforcementΤhe Court of Appeal of Western Central Greece recently published its decision no 88/2021 ruling that the recognition of a US award granting damages in bitcoin runs contrary to Greek public policy.Wed, 08 Jun 2022 20:09:00 ZErgin Mizrahi{E80D966D-4334-4A57-BAE9-3BDD9F5A6DF9}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/05/turkey-webinar-series-2022-esg-trendsAyşe Yüksel MahfoudEnvironmental, social and governance (ESG)EnergyFinancial institutionsTurkey webinar series: 2022 ESG trendsTeams from Norton Rose Fulbright and Pekin Bayar Mizrahi will share knowledge on different aspects of ESG in a webinar series.Wed, 01 Jun 2022 15:41:00 ZAyşe Yüksel Mahfoud{8A4613E8-2587-433D-8034-0C3E242DF042}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/05/turkish-citizenship-new-rules-on-acquisitionDuygu OzmenEnergyFinancial institutionsInfrastructure, mining and commoditiesLife sciences and healthcareTechnology and innovationTransportTurkish citizenship: New rules on acquisitionChanges amending the Regulation Regarding the Implementation of the Turkish Citizenship bring a higher value real estate threshold along with the new alternative of depositing a certain amount into private pension fund.Tue, 24 May 2022 15:13:00 ZDuygu Ozmen{B583A512-88B8-4E47-AE24-4FF7304A843F}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/05/fcib-in-turkey-publishes-guidelines-for-suspicious-transaction-reports-regarding-caspsFatoş OtcuoğluFinancial institutionsBanking and financeFinancial Crimes Investigation Board in Turkey publishes Guidelines for Suspicious Transaction Reports Regarding Crypto Asset Service ProvidersCrypto asset service providers have been included in the definition of obligors of the Financial Crimes Investigation Board, following the amendment made to the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism.Tue, 10 May 2022 15:56:00 ZFatoş Otcuoğlu{525BCB32-5A6F-4468-AD31-7523878987E9}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/04/cjeu-gives-creditors-additional-enforcement-mechanismErgin MizrahiChristian DarghamRita Nader-GuéroultFinancial institutionsBanking and financeComplianceCJEU gives creditors additional enforcement mechanismThe Court of Justice of the European Union (CJEU) recently published a decision which will provide an additional enforcement mechanism to protect creditors of judgements issued by a non-Member State when they are unable to collect full receivables due to them as part of enforcement proceedings filed in Member States.Mon, 25 Apr 2022 14:35:00 ZErgin Mizrahi, Christian Dargham, Rita Nader-Guéroult{ADF78EAD-C13C-49B3-B0E2-5E754DAEBD25}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/04/tokenisation-in-energy-a-new-path-to-energy-transitionSébastien PraicheuxClémence DurandCélestine BarthoutEnergyFinancial institutionsTokenisation in energy: A new path to energy transition?The growing interest and the development of blockchain projects in relation to renewable energy questions the role blockchain could play through tokenisation in energy transition, between new opportunities and challenges.Tue, 12 Apr 2022 21:47:00 ZSébastien Praicheux, Clémence Durand, Célestine Barthout{513A9EBF-623C-4C8A-A2E9-96A9335118C9}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/04/doing-business-in-turkey-in-its-seventh-editionAyşe Yüksel MahfoudFinancial institutionsDoing Business in Turkey in its seventh editionNorton Rose Fulbright and alliance firm Pekin Bayar Mizrahi are pleased to announce that the Legal Handbook for Doing Business in Turkey has been updated and released in its seventh edition.Tue, 05 Apr 2022 14:28:00 ZAyşe Yüksel Mahfoud{EA8ABCC3-5D56-45BB-B4FB-DE2A3847F3FD}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/03/spotting-and-managing-litigation-risk-in-defiRobert A. SchwingerHarriet Jones-FenleighJonathan HawkinsFinancial institutionsSpotting and managing litigation risk in DeFiOur lawyers explore some of the issues that may give rise to disputes in the DeFi context.Tue, 29 Mar 2022 20:38:00 ZRobert A. Schwinger, Harriet Jones-Fenleigh, Jonathan Hawkins{B3EBE007-E60B-4B35-A13B-CDB3DFEC031A}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/03/disputes-risks-in-financial-transactions-arising-from-the-new-financial-sanctions-regimeHarriet Jones-FenleighSanctions and export controlsFinancial institutionsDisputes risks in financial transactions arising from the new financial sanctions regimeThe new financial sanctions imposed following the Russian invasion of Ukraine have caused rapid dislocation across numerous financial markets.Fri, 25 Mar 2022 21:15:00 ZHarriet Jones-Fenleigh{84BB87D3-57BE-486E-8260-93D67C949D97}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/02/capital-markets-board-of-turkey-publishes-guidelines-on-green-financingA. Deniz AltınayGalya Kohen BenbanasteCorporate, M&A and securitiesFinancial institutionsInfrastructure, mining and commoditiesLife sciences and healthcareTechnology and innovationTransportCapital Markets Board of Turkey publishes guidelines on green financingThe Capital Markets Board of Turkey published its “Guidelines on Green and Sustainable Debt Instruments and Lease Certificates."Mon, 07 Mar 2022 20:11:00 ZA. Deniz Altınay, Galya Kohen Benbanaste{92EE3081-7737-4C92-9D00-D19D978289CB}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/02/us-sanctions-and-export-restrictions-targeting-russiaKim CaineFinancial institutionsInfrastructure, mining and commoditiesSanctions and export controlsUS Sanctions and Export Restrictions Targeting RussiaThe US government began taking a series of actions in response to Russia's involvement in Ukraine.Mon, 07 Mar 2022 20:11:00 ZKim Caine{E75D3E73-4A19-42CD-96E1-B68158E4DA08}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/02/energy-transition-where-to-invest-in-2022H. Alper TüzünCorporate, M&A and securitiesEnergyFinancial institutionsInfrastructure, mining and commoditiesLife sciences and healthcareTechnology and innovationTransportEnergy Transition: Where to invest in 2022Anne Lapierre, Global Head of Energy at Norton Rose Fulbright, joined a panel discussion with representatives of Baringa and CIBC Capital Markets on Energy transition: Where to invest in 2022.Wed, 02 Mar 2022 15:42:00 ZH. Alper Tüzün{1EF11F9D-9F9B-45BE-86F9-3FAEA5ED0C1F}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/02/agreement-between-turkey-and-the-us-with-respect-to-digital-services-taxWilliam G. CavanaghErgin MizrahiÖzge GüllerCorporate, M&A and securitiesEnergyFinancial institutionsInfrastructure, mining and commoditiesLife sciences and healthcareTechnology and innovationTransportAgreement between Turkey and the US with respect to Digital Services TaxThe United States and Turkey have agreed on the terms for the rescission of Turkey's Digital Services Tax (“DST”) that largely targeted highly profitable US technology giants.Thu, 24 Feb 2022 14:10:00 ZWilliam G. Cavanagh, Ergin Mizrahi, Özge Güller{24BBE05F-8CFF-403D-93E8-522B53BED1A2}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2022/02/new-fcpa-advisory-opinion-on-forced-paymentsKeith RosenCorporate, M&A and securitiesEnergyFinancial institutionsInfrastructure, mining and commoditiesLife sciences and healthcareTechnology and innovationTransportNew FCPA advisory opinion on forced paymentsFor businesses in Turkey and around the world, navigating increasingly complex FCPA regulations can be a challenge. Tue, 15 Feb 2022 20:22:07 ZKeith Rosen{52922E11-B303-4E54-9774-11B392BAD973}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/11/regulation-on-internal-systems-of-insurance-and-private-pension-sectors-has-been-publishedSenem Gölge YalcinCorporate, M&A and securitiesFinancial institutionsRegulation on Internal Systems of Insurance and Private Pension Sectors has been published in the Official GazetteThere have been recent amendments to the Regulation on the Internal Systems of the Insurance and Private Pension Sectors.Tue, 30 Nov 2021 10:39:00 ZSenem Gölge Yalcin{0299D9D7-BF26-4F36-87E6-7B351B089F19}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/10/recent-amendments-in-the-communique-re-asset-and-mortgage-backed-securitiesSenem Gölge YalcinBanking and financeCorporate, M&A and securitiesFinancial institutionsRecent amendments in the communiqué re asset and mortgage backed securitiesAmendments to legislation regarding asset and mortgage backed securities was recently issued by the Capital Markets Board.Tue, 26 Oct 2021 10:39:00 ZSenem Gölge Yalcin{F7D4C6D0-FEB6-4221-859E-6D0F4CA2F9EF}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/10/recent-developments-in-tender-offersSenem Gölge YalcinBanking and financeFinancial institutionsRecent developments in tender offersThe Communiqué Amending the Communiqué on Tender Offers, the draft of which was published by the Capital Markets Board on its official website on February 1, 2021.Tue, 26 Oct 2021 10:39:00 ZSenem Gölge Yalcin{69EDE2B1-1938-46B4-A5CD-11236A619249}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/10/norton-rose-fulbright-announces-alliance-with-pekin-bayar-mizrahi-in-turkeyAyşe Yüksel MahfoudBanking and financeComplianceCorporate, M&A and securitiesData protection and cybersecurityEnvironmental, social and governance (ESG)EnergyFinancial institutionsInfrastructure, mining and commoditiesLife sciences and healthcareTechnology and innovationTransportRisk advisoryNorton Rose Fulbright announces alliance with Pekin Bayar Mizrahi in TurkeyGlobal law firm Norton Rose Fulbright has bolstered its client offering in Turkey by forming a new alliance with leading Turkish firm Pekin Bayar Mizrahi.Fri, 22 Oct 2021 10:39:07 ZAyşe Yüksel Mahfoud{8737DFDE-79F9-45E7-A164-008BCC46EEE5}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/07/highlights-from-the-decisions-of-personal-data-protection-board-published-on-5-july-2021Senem Gölge YalcinFinancial institutionsCorporate, M&A and securitiesHighlights from the decisions of personal data protection board published on July 5, 2021Highlights from the decisions of personal data protection board published on July 5, 2021.Thu, 29 Jul 2021 15:26:00 ZSenem Gölge Yalcin{16D12037-2623-433E-BA2E-DDC5172D55C6}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/07/communique-on-project-based-securities-has-been-publishedSenem Gölge YalcinFinancial institutionsCorporate, M&A and securitiesBanking and financeCommuniqué on project-based securities has been publishedA recently published Communiqué regulates the financing of projects for execution of public services.Wed, 28 Jul 2021 15:26:00 ZSenem Gölge Yalcin{8434F33F-EEF6-46DE-A136-1D3DA7C7F99E}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/05/money-laundering-regulation-is-expanded-to-cover-crypto-asset-and-saving-finance-companiesFatoş OtcuoğluFinancial institutionsBanking and financeMoney laundering regulation is expanded to cover crypto asset and saving finance companiesThe new regulations amending the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism published in the Official Gazette on May 1, 2021.Fri, 07 May 2021 15:43:00 ZFatoş Otcuoğlu{B4F72912-D919-4C03-B4FC-4A925468731C}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/04/new-era-in-banking-branchless-digital-bankingFatoş OtcuoğluFinancial institutionsBanking and financeNew era in banking: Branchless digital bankingThe Regulation on Remote Identification Methods to be Used by Banks and Establishment of Contractual Relations in Electronic Media will enter into force on May 1, 2021.Thu, 22 Apr 2021 22:44:00 ZFatoş Otcuoğlu{F8146863-4A3B-4332-99D2-D2F62E30ABE1}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/04/the-first-crypto-asset-related-regulation-of-turkey-has-been-publishedFatoş OtcuoğluFinancial institutionsBanking and financeThe first crypto asset-related regulation of Turkey has been published: Payment institutions will no longer engage in crypto-related transfersThe Regulation confirms that are crypto assets are not regarded prohibited goods and allows for the purchase, sale, offering, transfer or custody of crypto assets.Fri, 16 Apr 2021 22:44:00 ZFatoş Otcuoğlu{46959F41-5B13-4AA9-A0BB-0EA5D240CC6A}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/04/amendments-made-to-the-capital-movements-circularFatoş OtcuoğluSelin BayarFinancial institutionsBanking and financeAmendments made to the Capital Movements CircularThe Ministry of Treasury and Finance of the Republic of Turkey amended the Capital Movements Circular.Thu, 08 Apr 2021 22:44:00 ZFatoş Otcuoğlu, Selin Bayar{C05BD374-C0A6-437D-994F-17843DA68FC4}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/04/amendments-made-to-the-bearer-share-regime-of-non-public-companiesFatoş OtcuoğluFinancial institutionsBanking and financeAmendments made to the bearer share regime of non-public companiesIn support of the United Nations Security Council’s decisions relating to the prevention of financing of weapons of mass destruction, certain amendments were made to the Turkish Commercial Code via the Law No. 7262.Thu, 08 Apr 2021 22:44:00 ZFatoş Otcuoğlu{CDC4E8D7-EF37-46C8-BA34-6582810E9909}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/04/savings-finance-companies-have-recently-been-introduced-to-the-turkish-financial-marketSelin BayarFatoş OtcuoğluFinancial institutionsBanking and financeSavings finance companies have recently been introduced to the Turkish financial marketAmendments to the Law on Financial Leasing, Factoring and Financing Companies regulates the new concept of savings finance companies to Turkey.Fri, 02 Apr 2021 22:44:00 ZSelin Bayar, Fatoş Otcuoğlu{1B2DF151-4574-4A65-81DE-708085125BC7}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/01/details-of-valuable-residential-real-property-tax-revealedDuygu OzmenFinancial institutionsBanking and financeDetails of valuable residential real property tax revealedThe Turkish Ministry of Treasury and Finance published a general communique relating to controversial “valuable residential real property tax.”Sat, 16 Jan 2021 19:30:00 ZDuygu Ozmen{1A1A7E4F-0EB0-4B2D-9F80-2C6E97A3F1AC}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2021/01/the-entry-into-force-of-the-icc-2021-rulesErgin MizrahiFinancial institutionsThe entry into force of the ICC 2021 RulesNew rules regarding the conduct of arbitration and case management for arbitral proceedings submitted to the International Chamber of Commerce (“ICC”) entered into force.Sat, 02 Jan 2021 19:30:00 ZErgin Mizrahi{D7F97995-DF95-450D-B5C0-0715DE38D30F}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2020/10/project-finance-newswire-libor-end-may-disrupt-emerging-market-lendingJeremy A. HushonBanking and financeFinancial institutionsProject Finance Newswire: LIBOR end may disrupt emerging market lendingThe anticipated cessation of LIBOR at the end of 2021 presents an ominous predicament for foreign lending into emerging market economies.Wed, 14 Oct 2020 19:14:00 ZJeremy A. Hushon{EB885667-F91B-41B7-8590-A501D4B63A2A}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2020/09/equator-principles-4-enter-into-force-how-does-this-impact-epfis-and-othersAngela CrokerAyşe Yüksel MahfoudFinancial institutionsInfrastructure, mining and commoditiesRisk advisoryEquator principles 4 enter into force: How does this impact EPFIs and others?Version 4 of the Equator Principles (EP4) will come into force on 1 October 2020.Wed, 30 Sep 2020 19:33:00 ZAngela Croker, Ayşe Yüksel Mahfoud{DEF69814-E4BF-4C23-A24E-CD93901980BA}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2020/04/covid-19-measures-in-the-turkish-financial-sector-deadline-extension-for-reporting-requirementsCOVID-19Banking and financeFinancial institutionsCOVID-19 measures in the Turkish financial sector: Deadline extension for reporting requirementsWith its decision dated April 2, 2020, the Banking Regulatory and Supervision Agency (the “BRSA”) extended the deadlines applicable to certain reporting or notification requirements by 60 days.Fri, 17 Apr 2020 19:32:00 Z{4290F049-9ED1-4563-8148-4DA6FE7DF636}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2020/03/dfc-replaces-opicKenneth HansenRachel RosenfeldFinancial institutionsCorporate, M&A and securitiesDFC replaces OPICThe Overseas Private Investment Corporation changed in January into the United States Development Finance Corporation.Mon, 09 Mar 2020 16:12:00 ZKenneth Hansen, Rachel Rosenfeld{F46AA458-8BEC-479B-BFFB-1CD2733A46FF}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2020/02/turkish-capital-markets-authority-moves-to-remove-privileges-in-loss-making-companiesBanking and financeCorporate, M&A and securitiesFinancial institutionsTurkish capital markets authority moves to remove privileges in loss-making companiesWith a new Communiqué that entered into force on January 10, 2020, namely the Communiqué on Principals Regarding Revocation of Voting Privileges and Privileges to be Represented on the Board of Directors, the Turkish Capital Markets Board (the “CMB”) is now authorized to revoke voting privileges and privileges to appoint members of the board of directors in public companies which have recorded losses for five consecutive years.Tue, 25 Feb 2020 16:41:00 Z{54B6E51D-539F-48A8-844D-2D86C5B17267}https://www.nortonrosefulbright.com/en/inside-turkiye/blog/2020/01/biga-digital-gold-blockchain-based-physically-backed-gold-transfer-infrastructure-developedÇ. Olgu KamaBanking and financeTechnology and innovationFinancial institutionsBiGa digital gold: Blockchain-based, physically-backed gold transfer infrastructure developed by TakasbankIstanbul Clearing, Settlement and Custody Bank (“Takasbank”), which is authorized by The Central Bank of the Republic of Turkey for payment and security settlement systems under Law No. 6493 on Payment and Security Settlement Systems, Payment Services and Electronic Money Institutions, has been working on a new transfer infrastructure platform called BiGa – the abbreviation of ‘bir gram altın’, which stands for ‘one gram of gold’ in Turkish – since early 2018.Thu, 02 Jan 2020 20:27:00 ZÇ. Olgu Kama