January 6, 2021
Published by Serra Sadık Hızıroğlu on January 6, 2021
Practice Area
31 Aralık 2020 tarihinde, 31351 sayılı Resmi Gazete’de yayınlanan 7262 sayılı Kitle İmha Silahlarının Yayılmasının ve Finansmanının Önlenmesine İlişkin Kanun (“Kanun”) ile anonim şirketlerde hamiline yazılı paylar ve hamiline yazılı pay sahiplerinin Türkiye’de Merkezi Kayıt Kuruluşu’na – Merkezi Kayıt Kuruluşu A.Ş. (“MKK”) bildirilmesi ve kayıt altına alınması yükümlülüğü getirilmiştir.
January 6, 2021
Published by Serra Sadık Hızıroğlu on January 6, 2021
Practice Area
With the Law on Prevention of Distribution and Financing of Weapons of Mass Destruction numbered 7262, published in the Official Gazette dated 31 December 2020, numbered 31351 (“Law”), bearer shares and bearer shareholders in joint stock companies are obliged to be notified and recorded to the Central Registry Agency in Turkey - Merkezi Kayıt Kuruluşu A.Ş. (“MKK”).
January 5, 2021
Published by Serra Sadık Hızıroğlu on January 5, 2021
Practice Area
Recently, CMB published the Communiqué on Squeeze-Out and Sell-Out Rights numbered II-27.3 (“New Communiqué”) in the Official Gazette dated 31 December 2021 numbered 31351.
January 4, 2021
Published by Serra Sadık Hızıroğlu on January 4, 2021
Practice Area
The Capital Markets Board of Turkey (“CMB”) adopted the recent amendments on the Draft Amendment Communiqué on Principles Regarding Repo and Reverse Repo Transactions of Intermediary Institutions numbered III-45.2.a (“Draft Communiqué”), to the Communiqué on Principles Regarding Repo and Reverse Repo Transactions of Intermediary Institutions numbered III-45.2 (“Repo Communiqué”). The amended Repo Communiqué is published in the Official Gazette dated 31 December 2020, numbered 31351.
December 1, 2020
Published by Serra Sadık Hızıroğlu on December 1, 2020
Practice Area
This time, on 27 November 2020, with its decision numbered 9273, BRSA loosened the limits on Turkish banks’ TRY transactions engaged with FFIs and raised the afore-mentioned ratio from 0,5 percent (0.5%) to 2,5 percent (2,5%).
November 25, 2020
Published by Serra Sadık Hızıroğlu on November 25, 2020
Practice Area
Bankacılık Düzenleme ve Denetleme Kurumu (“BDDK”), 24 Kasım 2020 tarihinde 9271 sayılı bir karar alarak, Kovid-19 salgının ekonomiye ve piyasaya olan negatif etkilerinin azaltılması ve bankaların kredi kullandırmasının teşvik edilmesi ve kaynaklarını daha verimli kullanmasını sağlamak amacı ile, 1 Mayıs 2020 tarihinden itibaren yürürlükte olan Türkiye’deki bankaların haftalık olarak aktif rasyolarını hesaplamalarını zorunlu tutan uygulamasına son vermiştir.
November 25, 2020
Published by Serra Sadık Hızıroğlu on November 25, 2020
Practice Area
On 24 November 2020, with its decision numbered 9271, Banking Regulation and Supervision Agency (“BRSA”), has removed the obligation of Turkish banks to calculate their active ratio on a weekly basis
November 6, 2020
Published by Serra Sadık Hızıroğlu on November 6, 2020
Practice Area
on 28 October 2020, Capital Markets Board of Turkey (the “CMB”) has announced the draft Communiqué on Squeeze-Out and Sell-Out Rights numbered II-27.3 (the “Draft Communiqué”) and presented the Draft Communiqué to public consultation.
September 9, 2020
Published by Serra Sadık Hızıroğlu on September 9, 2020
Practice Area
Türkiye Cumhuriyeti Merkez Bankası (“TCMB”) 2 Mayıs 2018 tarihli Sermaye Hareketleri Genelgesi’ne (“Genelge”) “Kredi Bakiyesinin Hesaplanması” başlıklı 16/A sayılı yeni bir madde eklemiştir.
September 9, 2020
Published by Serra Sadık Hızıroğlu on September 9, 2020
Practice Area
Central Bank of the Republic of Turkey (“CBRT”) adopted a new provision numbered 16/A titled