Pursuant to the “Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers” (“Regulation“) and the “Communiqué Amending the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services of Payment Service Providers in the Field of Payment Services” (“Communiqué“) published in the Official Gazette dated June 27, 2023 and numbered 32234, the deadline for the compliance by payment institutions and electronic money institutions with provisions of the legislation, has been extended from June 30, 2023 to September 30, 2023.

In this regard, payment institutions and electronic money institutions operating as of December 1, 2021 must complete the compliance process by September 30, 2023.

You may access our previous newsletter regarding the extension of the compliance period with the provisions of the Regulation and the Communiqué from the link below.

Bulletin On the Extension of The Period for The Compliance by Payment Institutions and Electronic Money Institutions with Some Legislative Provisions

Eren Üçok
Partner | [email protected]
Ece Kipri
Associate | [email protected]