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Specialty Group: Financial Institutions and Markets

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Member Articles


Bank Indonesia Issues New Regulation on Electronic Money

Bank Indonesia (“BI”) has issued the newest regulation on Electronic Money (“E-Money”), i.e. Bank Indonesia Regulation No. 20/6/PBI/2018 on Electronic Money (“PBI 20/2018”). PBI 20/2018 fully replaced the pr ...

Crowdfunding in Turkey

Author: Nezihe Boran Demir The Law Amending Certain Tax Laws and Certain Other Laws under law no. 7061 ("Omnibus Law") published in the Official Gazette dated 5 December 2017 and numbered 30261, has the purpose to ...

Activities of Foreign Investment Institutions in Turkey

Contact: Melisa Sevinc Introduction Pursuant to Article 39 of Capital Markets Law numbered 63621 ("CML"), "It is mandatory to obtain permission from the Authority for performance of investment services and activit ...

Bank Letters of Credit in Turkey

Contact: Nezihe Boran Demir Introduction In financing transactions, creditors, especially commercial banks, aim for repayment of loans through the smoothest manner possible. In order to secure the extended loan am ...

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