LIMITED NETWORK EXCLUSION

Ödeme Kuruluşları

LIMITED NETWORK EXCLUSION (LNE) PSD2 and Turkish payment systems’ regulations in force both exclude payment activities carried out in a limited network from the scope of application of the regulations which also leads to some concerns such as creating disadvantages for the regulated actors who bear the entire regulatory burden and deprivation of legal protection…

Open Banking Regulations in Turkey

Open Banking

Author: Ramazan Küçük   Summary Companies that offer payment order initiation and account information services within the scope of open banking are required to obtain a payment institution license from the CBRT. While a relatively more flexible regulation infrastructure has been established for companies that exclusively provide account information services, companies that will provide payment…