Business & Commerce

Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers

🇹🇷Türkiye··Regulation·Medium Impact0·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This amendment, published on 31 December 2025, modifies Article 83 of the original 2021 Regulation. It changes the title of Article 83 to 'Posta ve Telgraf Teşkilatı Anonim Şirketi, banks and organizations that are system operators in which the Central Bank is a shareholder'. A new paragraph (6) is added stating that system operator organizations in which the Central Bank holds shares are subject to the provisions of this Regulation regarding the payment services and electronic money issuance they provide, with the exception of the trade name requirement in Article 11(1), Articles 15(2) and 15(3), and Articles 12 and 20.

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Key Changes

  • Changes title of Article 83 to explicitly include 'Posta ve Telgraf Teşkilatı Anonim Şirketi, banks and Central Bank shareholder system operators'
  • Adds new paragraph (6) to Article 83 subjecting Central Bank shareholder system operators to the Regulation for their payment services and e-money issuance
  • Exempts these operators from Article 11(1) trade name requirement

+ 3 more changes with Pro

Obligations

What this law requires

high

System operator organizations in which the Central Bank holds shares must comply with all provisions of the Regulation on Payment Services and Electronic Money Issuance regarding payment services and electronic money issuance they provide

System operator organizations in which the Central Bank is a shareholder
operational
medium

System operator organizations in which the Central Bank holds shares are exempt from the trade name requirement specified in Article 11(1)

System operator organizations in which the Central Bank is a shareholder
operational
medium

System operator organizations in which the Central Bank holds shares are exempt from compliance with Article 15(2) and Article 15(3) of the Regulation

System operator organizations in which the Central Bank is a shareholder
operational
medium

System operator organizations in which the Central Bank holds shares are exempt from compliance with Article 12 of the Regulation

System operator organizations in which the Central Bank is a shareholder
operational
medium

System operator organizations in which the Central Bank holds shares are exempt from compliance with Article 20 of the Regulation

System operator organizations in which the Central Bank is a shareholder
operational

Affected Parties

Central Bank of Turkey shareholder system operatorsPayment service providers+3 more…

Tags

payment services,electronic money,Central Bank of Turkey