Country Manual Credits
Türkiye – Update 2025
BRP has updated its Country Manual Credits for
Türkiye out of Credit Institution’s Country of Establishment (RT, BT & Def)
| Source of changes | Answers |
|---|---|
| Law / Regulation | No |
| New Position of the Authorities | No |
| Evolution of Expert’s Interpretation | No |
Regulatory Template
Material changes
The Country Manual has been reviewed to ensure that the content of all documents remains accurate and in line with the current legal and regulatory framework. We can confirm that there have been no relevant legal or regulatory changes since the last update of the manual.
Non-material changes
Minimal non-material changes have been made. The sanction amounts and the maximum interest rates have been updated. Several explanatory paragraphs on data protection have been added. Finally, concerning the foreign exchange control rules, the list of companies exempted to generate foreign income in order to borrow foreign currency has been revised, and the reporting requirements on this topic have been extended.
The answers in the BT are aligned to those contained in the RT.
Definitions and Concepts
The document Definitions and Concepts includes a Concordance Table. This Table is designed to help the users of the Country Manual Credits easily recognize existing or potential interactions between the rules of different types of credits.
For more information, please contact us: info@brpsa.com
Geneva, April 11th 2025