Author's Contents
Didem Adlig Sonmez acting as Managing Associate at Erdem & Erdem’s banking and finance department, specializes in project finance, banking law, structured finance practices and capital markets transactions. She represents domestic and foreign banks, financial institutions, borrowers, sponsors and other obligors in banking and finance and offers wide range of consultancy services with more than 10 years of experience in banking law, derivative transactions and relevant regulations.
The European Commission (“Commission”) has published the Proposal for a Directive of the European Parliament and of the Council on Payment Services and Electronic Money Services in the Internal Market amending Directive 98/26/EC and repealing Directives 2015/2366/EU and 2009/110/EC. This proposal...
Organization for Economic Co-operation and Development (“OECD”) has published its paper[i] presenting an outline of the diverse frameworks implemented for open banking and other data sharing arrangements in different jurisdictions, discussing expansion of open banking related data arrangements, which is referred...
In September, the Central Bank of the Republic of Turkey (“CBRT”) published the Guide on Associating Business Models in the Field of Payments with Payment Service Types (“Guide”). The Guide includes explanations regarding payment services and electronic money issuance. An operating license is required...