Turkey Adopts New Economic Measures: Latest Increases in VAT, Consumer Loan Tax, and Fees :

SWIFT AMENDMENTS TO THE E-MONEY REGULATIONS: MASSIVE HIKES IN REQUIREMENTS FOR INSTITUTIONS:

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.

Three State-Owned Banks are Set to Establish Islamic Finance Units:

With more than 600 institutions worldwide and with estimated $ 1.4 trillion Sharia-compliant assets in 2014, Islamic Finance (“participation banking”) market in Turkey keeps growing and such growth is likely to continue in the future.