Once a financial institution in Turkey has successfully obtained its operating license from the relevant regulatory authority (e.g., BDDK or TCMB), it may legally commence its operations. However, licensing is not the end of the process — it marks the beginning of an intensively monitored and highly regulated operating environment. Below is a detailed breakdown […]
Turkey’s growing economy, strategic geographic location, and dynamic financial markets make it an attractive destination for foreign and domestic investors who seek to establish financial companies. However, financial institutions such as financing companies, factoring firms, leasing companies, and electronic money institutions are highly regulated under Turkish law. Therefore, incorporation in this sector requires strict adherence […]