Progress
Current status
adopted
27 Jun 2013adopted
Scope
Implementers
Turkiye
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Adoption of data residency obligation in Turkish Law on Payments and Security Settlement Systems
On 27 June 2013, the Turkish Law on Payments and Security Settlement Systems entered into force. Under Article 26 of the Law, system operators, payment institutions and electronic money institutions are required to keep all the documents and records…
Event typelaw
Action typeadoption
Government branchlegislature
Government bodyparliament