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All Articles [ 127 ]
Major Step from Türkiye in Transition to a Global Service Hub
On 4 June 2026, Law No. 7582 Amending Certain Laws introduced the concept of “Qualified Service Center” into Turkish law, with the aim of increasing Türkiye’s export of qualified services and promoting the establishment of group service centers in Türkiye serving affiliated companies located abroad. Foreign Direct Investments Law No. 4875, Corporate Tax Law No. 5520, and the Income Tax Law No. 193, among others, were amended by Law No. 7582 Amending Certain Laws published in the Official Gazette dated 4 June 2026 and numbered 33270 (“Amendment Law”). a. Definition of Qualified Service Center Pursuant to Additional Article 1 of...
Resolution on Biometric Data Processing in Employee Monitoring
Personal Data Protection Authority of Türkiye has published a principle decision and an announcement regarding the processing of biometric data by employers as part of monitoring employees’ attendance and time tracking; highlighting the principle of proportionality and advising alternate methods to employers. Principle decision of the Personal Data Protection Board (the “Board”) dated 29 April 2026 and numbered 2026/921 (the “Resolution”) regarding the processing of biometric data for time and attendance tracking purposes, was published in the Official Gazette dated 2 June 2026 and numbered 33268. Board has also published an announcement on the same date summarizing the Resolution. Board...
Tailored Solutions: What Structured Notes Offer
Structured notes are investment instruments comprising a combination of fixed-income debt securities and derivatives with underliers such as equities, indices, commodities. Given their customised design tailored for investors’ risk-return expectations, their risk-return profile may vary, enabling them to generate fixed income and returns based on the performance of derivatives linked to underlying assets or indicators. This briefing note explores the key features and regulatory framework applicable to structured notes, which have exhibited a mature and steady growth trajectory in line with the increasing global demand for structured products, and are designed and issued by major financial institutions in Türkiye. 1....
Yapılandırılmış Borçlanma Araçları: Özel Tasarımlar
Yapılandırılmış borçlanma araçları (YBA), sabit getirili borçlanma araçları ile pay senedi, endeks, emtia gibi dayanak varlık veya göstergeleri olan türev araçların bileşiminden oluşan yatırım araçlarıdır. Yatırımcıların risk-getiri beklentilerine uygun olarak özelleştirilebilen yapıları sayesinde; YBA’ların risk-getiri profili farklılık gösterebilmekte, sabit getirinin yanı sıra dayanak varlık veya göstergelere dayalı türev ürünlerin performansına bağlı olarak getiri yaratmasına olanak sağlanmaktadır. Bu bilgi notu, artan küresel talep doğrultusunda istikrarlı bir büyüme eğilimi gösteren ve Türkiye’de önde gelen finansal kuruluşlar tarafından tasarlanan ve ihraç edilen YBA’ların temel özelliklerini ve ilgili mevzuatı açıklamaktadır. 1. Genel Olarak Yapılandırılmış Borçlanma Araçları Hibrit olarak tanımlanabilecek yapılandırılmış borçlanma araçları (“YBA”) özel...
Central Document Management System for Foreign Investors is Launched
On 8 May 2026, Merkezi Kayıt Kuruluşu A.Ş. (Central Securities Depository of Türkiye) has launched the Central Document Management System for the purpose of facilitating account openings of investors outside of Türkiye. With the authorization granted with the amendments in the Regulation on the Principles of Establishment, Activities, Operations and Supervision of the Central Securities Depository and the Communiqué No. II-13.1 on Recordkeeping of Dematerialized Capital Market Instruments by the Capital Markets Board of Türkiye on 29 April 2025, Merkezi Kayıt Kuruluşu A.Ş. (“MKK”), announced the launch and implementation of the new Central Document Management System (“CDMS”) through its General...