Turkiye: Law on Payment and Security Settlement Systems, Payment Services and Electronic Money Institutions
Progress
Current status
in force
27 Jun 2013 in force
Scope
Implementers
Turkiye
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Adopted Law on Payment and Security Settlement Systems, Payment Services and Electronic Money Institutions
On 27 June 2013, the Law on Payment and Security Settlement Systems, Payment Services and Electronic Money Institutions was published and implemented. The law regulates electronic payments and e-money and introduces a licensing requirement for provi…
SourceEvent type
law
Action type
implementation
Government branch
legislature
Government body
parliament