Long Awaited Regulations Introduced for E-Money and Payment Services:

New regulations concerning payment services have been introduced in Turkey, with the aim of aligning the provisions with the Payment Services Directive 2.

Ordeal of the Crew Members: Record Number of Bunker Smuggling Cases in Turkey:

ENVIRONMENTAL MARINE POLLUTION FINES REVISED FOR 2022:

The Ceiling for Stamp Duty Raised by 36.20% for 2022:

Rules for Carriage of Dangerous Goods by Sea Have Been Amended:

Turkey to Boost Islamic Finance with Advanced Customer Protection:

Two new regulations offer a more in-depth regulation for Islamic Finance departments of Turkish banks, aiming for customer protection and better transparency.

Parliament Introduces Wide Sweeping Amendments to the Enforcement and Bankruptcy Code :

Specialised Banking and Finance Courts are to be Created to Hear Banking and Finance Disputes :

The High Council of Judges and Prosecutors (the “Council”) have issued a bundle of decrees on 25 November 2021, forming several specialised criminal and commercial courts in a variety of subjects. 

TERMS OF TERMINATION PROHIBITION AND MANDATORY UNPAID LEAVE HAVE NOW EXPIRED:

The terms of termination prohibition and mandatory unpaid leave have expired.

New Incentive to Scrap Old Vessels: the Turkish Ministry takes steps to rejuvenate the Turkish fleet: