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New Limits on Turkish Bank Fees and Commissions

Recent Developments The Communiqué No. 2020/4 on the Procedures and Principles Regarding Fees That Banks Can Charge to Corporate Clients (“Communiqué”) was published on the Official Gazette No. 31035 dated February 10, 2020 and will enter into force on March 1, 2020.  The Communiqué regulates the upper limits of fees…

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