Banking law regulates the bank business and its legal relations. As can be understood from the definition, the subject of banking law is the bank business and its legal relations. Banks are institutions that can receive and give money with interest, carry out credit, discount, foreign exchange transactions, keep money, valuable documents and goods in their safes, and engage in other commercial, financial and economic activities. Banks must be established as joint stock companies. Such obligation also applies to development and investment banks.
Banking and finance law has the skills to oversee the establishment of banks that will operate in Turkey and the first branch of a bank operating abroad, to take part in the establishment of development banks together with investment banks, and to follow up the lawsuits filed as a result of secured business. In addition, it covers issues such as the preparation of the contract part of the loans we receive from the banks and the realization of the negotiations regarding the contracts.
Banking and Finance Law must be conducted within the framework of laws adopted through international agreements to be dealt with on an international scale. In this sense, the formation of legal compliance will be possible with the provision of legal consultancy by experts in this field. The Banking Law is a fundamental law that includes the regulations in the public sphere of the banking sector, which forms the backbone of the sector as well as the entire financial sector. In addition, it is the legislation that regulates the issues of dispute such as compensation, invalidity or validity of transactions carried out for the regulation of private relations.
Banking and Finance Law also deals with regulations in areas such as the authorities and responsibilities of bank owners, managers and employees, and the functioning of banks. Sanctions in the legislation include much heavier tangible or penal sanctions than legal entities in other commercial areas. While banks are important with their effects in the economic field in terms of the functioning of the public order, they also have a high impact in the public sphere. These situations, in addition to the intense conflicts in the banking and finance law sectors, will create an increasingly expanding sphere of influence as the technological infrastructure changes commercial life.
– Opening branches of banks established in Turkey or abroad
– Realization of loan agreements and coordinated negotiations for these agreements
– Exchanges, mergers or splits of domestic banks
– Arranging and preparing financial leasing and factoring transactions
– Objections and legal applications regarding the temporary or permanent suspension of the activities of banks
– Consultancy service on the functioning, structure and organization of Banking Law and Finance/Credit institutions
– Advising on Corporate Finance, Property and Project Finance, Structural Finance, International Trade Finance, Corporate Finance and Structured Finance
– Legal consultancy on Capital Markets
OKKE&Partners has experience in national and international follow-up of all kinds of litigation and arbitration procedures. Our team offers the necessary effective solutions in favor of its clients for cases and events that can be resolved by agreement without resorting to legal remedies.
Such expansion of the banking and finance sector’s sphere of influence leads to the formation of new legal regulations and new legislation. In such a complex area, legal consultants who are well-versed in the legislation and laws, and have knowledge about sectorial practices and dynamics will be able to offer the necessary solutions. We offer solutions to all your banking and financial legal consultancy needs with a team of lawyers who are experts in their fields. At the same time, our sectorial consultants and experienced technical personnel are our advantages, as they can offer the solutions you need in a faster and more focused way.