We advise banks, insurers, funds, borrowers and digital entrepreneurs on all their Turkish financial sector project needs. Lexist has a strong presence in the Financial Services sector and thriving Banking, Finance, and Capital Markets practices. We utilise the full scope of the Firm, from Corporate/M&A to Litigation, to deliver creative solutions and robust strategies for our clients doing business with Turkish and foreign parties. We understand that operating in highly regulated sectors requires lawyers who know the direction of the sector and the legislation in detail.

Istanbul itself will become a regional financial capital upon the completion of the new Istanbul Financial Center. The land and air rights of the project are equivalent to 3.5 million square metres (twice the size of Canary Wharf). Other satellite industries have also benefited from the investment – Istanbul has become a hub for new technoparks and industries catering to the financial services sector through new fintech and regtech. Lexist Telecommunications, Media and Technology lawyers join client teams to assist on understanding the latest market tech trends and upcoming legislation.

Practice Highlight

The team advised a client on the set-up of a digital bank and retail electronic money operation amid a developing regulatory framework, including the establishment of several project companies.

Turkish Financial Services Law Legal Services

Our financial services clients are typically from the following sub-sectors:

Personal & Consumer Finance
Corporate Finance
Venture Capital
Angel Investors
Digital Assets
Digital Retail Banking
Conventional Retail Banking

We provide support with compliance and pursuing licenses, permissions, permits, and applications on behalf of our clients from the relevant Turkish authorities: for example, the Capital Markets Board (CMB) – Sermaye Piyasası Kurulu (SPK), the Banking Regulations and Supervision Agency (BRSA) – Bankacılık Düzenleme ve Dnetleme Kurumu (BDDK), and the Public Oversight, Accounting and Auditing Standards Authority (POA) – Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu (KGK).

How we work

Legal strategizing and risk mitigation are our strengths:

– We create bespoke client teams combining the right mix of legal and business experience to understand your unique concerns; and

– We promote open, fast communication and collaborative decision making so our clients can move forward with the utmost confidence and legal protection.

Contact The Partner