Communiqué on the Repeal of the Communiqué on Supporting the Conversion of Gold Accounts into Turkish Lira Deposit and Participation Accounts (No. 2026/2)
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This regulation officially repeals the 2021 Communiqué No. 2021/16 that had provided incentives for converting gold-based accounts into Turkish Lira (TL) deposit and participation accounts. The original 2021 measure was part of Turkey's broader strategy to support the Turkish Lira and reduce dollarization/goldization in the financial system by offering interest rate bonuses or similar supports for such conversions. With this new Communiqué published on 24 January 2026, those specific support mechanisms and rules are completely removed from the regulatory framework. The repeal takes effect immediately on the date of publication.
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Key Changes
- Complete repeal of Communiqué No. 2021/16 dated 29/12/2021
- Immediate termination of all official support for converting gold accounts to TL deposit and participation accounts
- Effective date: 24 January 2026 (publication date)
+ 3 more changes with Pro
Obligations
What this law requires
Cease application of Communiqué No. 2021/16 regarding support mechanisms for converting gold accounts into Turkish Lira deposit and participation accounts
Remove all incentive structures, interest rate bonuses, or support mechanisms that were provided under Communiqué No. 2021/16 from active use
Implement the repeal effective immediately as of the publication date (24 January 2026)
The Central Bank Governor of Turkey is responsible for executing the provisions of this Communiqué