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Specialty Group: Financial Institutions and Markets

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Law numbered 6361 on Financial Leasing, Factoring and Financing Companies

Contact: Nilay Celebi; Erdem & Erdem (Turkey) Introduction The Financial Leasing Law, dated 10.06.1985 and numbered 3226, and the By-Law Regarding Money Lending Activities, dated 30.09.1983 and numbered 90, wit ...

Financial Leasing Agreements in Turkey

Contact: Leyla Orak; Erdem & Erdem (Turkey) Introduction Until December 13, 2012, financial leasing, factoring, financing and loan activities were regulated by the Financial Leasing Law No. 3226 (the “Abrogated ...

CFPB Issues Final and Proposed Rules Amending Regulation Z, As Required by Dodd-Frank

Contact: Edmund D. Harllee; Williams Mullen (North Carolina & Virginia, USA) On Thursday, January 10, the Consumer Financial Protection Bureau (the “Bureau”) issued a final rule amending its Regulation Z (Truth in L ...

Distinguishing between Guarantee and Suretyship Agreements

Contact: Fatih Işık; Erdem & Erdem Law Office (Turkey) Introduction As is widely known, legal transactions are formed upon consensus of declarations of intent. The purposes of the parties engaging in the lega ...

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