Turkey: Capital Adequacy/BASEL

Recently, many insurance companies have been faced with capital inadequacy and weakening of the financial structure. This situation is not only a sectoral problem, but has gained a dimension that directly affects the rights and claims of the insured. This bulletin summarizes the capital adequacy regulations for insurance companies, the classification of capital insufficiency situations and the administrative sanctions that may be imposed by the SEDDK, as well as a general roadmap on the steps to be followed for the policyholders of companies with weakened financial structure.

The Regulation updates the procedures and principles governing refurbishment activities, strengthens digital record-keeping and traceability mechanisms, restructures the authorisation and supervision regime applicable to refurbishment centres, and introduces new safeguards for consumers

Kripto varliklar ve finans teknolojileri artik yalnizca teknolojinin değil; finansal sistemin ve hukukun da bir parçasi. Bu sayıda kripto varlıklar ve finans teknolojilerine ilişkin hukuki gelişmeler, Türkiye ve küresel uygulamalar çerçevesinde incelenmektedir.

With the Presidential Decree No. 32842 published in the Official Gazette dated 15 March 2025 and numbered 32842, amendments were made to the Decree No. 32...

13 Mart 2025 tarihli ve 32840 sayılı Resmî Gazete'de yayımlanan III-35/B.1 sayılı "Kripto Varlık Hizmet Sağlayıcıların Kuruluş ve Faaliyet Esasları Hakkında Tebliğ" ile III-35/B.2 sayılı ...

In consideration of the Communiqué No. III 35/B.1 on "Establishment and Operational Principles of Crypto Asset Service Providers" and the Communiqué No. III-35/B.2 on "Operational Procedures and Principles and Capital Adequacy of Crypto Asset Service Providers" published in the Official Gazette dated 13 March 2025 and numbered 32840.

The minimum capital requirement amounts were increased effective January 1, 2024, as stipulated by the Presidential Decision published in the Official Gazette dated November 25, 2023 ("Decision")[1].

Significant revisions have been made in the regulations regarding insurance and reinsurance brokerage. The amendment introduce substantial novelties that impact everyone currently involved or intending to enter the sector.

Capital markets play an intermediary role in the relationship between companies, individual investors and institutional investors within the economic system.