15
Nov
,

External Financing of Municipalities in Türkiye

*This Article was originally published in Legal Industry Reviews Volume 5 N’1 | March 2024 | Türkiye Introduction:  In recent years, significant increase has been observed in the amounts of financing obtained by municipalities from abroad, aiming at meeting the need for financing large-scale projects developed by and growing financial…
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9
Sep
,

New Communiqué on Project-Based Securities

Article 61/B of the Capital Market Law No. 6362 (“CML“), which outlines the legal framework for project finance funding and project-based securities (“PBS”), entered into force on February 20, 2020 by way of the amendments to CML. Further, the Communiqué on Project Based Securities No. III-61/B.1 (“Communiqué“) has been published…
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