Banking and Finance Law is a set of laws regulating the finance – one of the most important building blocks of the economy – and public banking sectors.

The provisions of the Turkish Commercial Code and the Code of Obligations are applied in disputes arising from the commercial activities of the banks. In line with the regulations determined by these laws, material sanctions such as sanction, liability for compensation and invalidity of transactions are applied. In the Banking Law and its basic act, the Banking Code, more severe sanctions are applied.

The Banking Code regulates the powers and responsibilities of banks, bank managers and employees, as well as the rules regarding the functioning of banks that have a predominant public side in economic life. With this law; Sanctions envisaged for bank managers and employees are tied to very heavy financial and penal sanctions.

In the context of Banking and Finance Law, our services as CLA Partners include;
⦁ Arrangement of Project Finance Agreements
⦁ Follow-up of mortgage and secured transactions based cases
⦁ Arrangement of loan agreements
⦁ Legal support in the field of Leasing and Factoring
⦁ Legal supervision of banking operations and financial organizations
⦁ Execution of legal transactions with the Banks Association, BRSA and SDIF
⦁ Performing merger, division and share exchange transactions of banks established in Turkey
⦁ Preparation of financial leasing and factoring transactions and legal support in this process
⦁ Legal supervision of capital market practices