The global development of the banking and finance system has led to the emergence and growth of many new financial instruments and institutions. The general approach in our country and worldwide is to specifically regulate this constantly evolving area due to its economic and social importance, and to ensure that activities are carried out within a framework of rules through various licences, permits and authorisations.
In this respect, banks, other credit institutions, leasing companies, factoring firms, asset management companies and other financial institutions making up the banking and finance system, as well as other actors maintaining business relationships with these institutions, regularly need legal advice both for regulatory compliance and in the context of contractual relationships. In this regard, Aksan Law Firm provides:
- Management of the application processes for the establishment and operating licences of all financial institutions, primarily banks;
- Advisory services for foreign banks wishing to open branches in Türkiye;
- Legal advice on Islamic banking;
- Drafting of finance agreements, in particular project finance and asset finance agreements;
- Drafting of green financing agreements;
- Legal advice on cross-border loan agreements.
These services are provided by our team.