Banking Law

Banking Law
Bank or banking law is a mixed branch of law that regulates the legal affairs, transactions, duties and obligations of banks and similar institutions. Although banks, which are of great importance for the continuity of the economic system, are commercial enterprises, they also provide public services and are connected to many fields such as trade, debts, enforcement and bankruptcy law and even criminal law. As a matter of fact, in the Banking Law No. 5411, which mainly regulates banking law in our country, it is stated that the provisions regarding banks in special laws are reserved and that general provisions will be applied in cases where there is no provision in this Law.
Our Fields of Study
The purpose of the Banking Law No. 5411, as stated in the first article; To regulate the procedures and principles regarding ensuring trust and stability in financial markets, effective operation of the credit system, and protection of the rights and interests of savers. In addition to the operations of banks, the responsibilities of officials and employees, the law also includes material and criminal sanctions that are more severe than those imposed on merchants. The Banking Regulation and Supervision Agency (BDDK), an independent institution, has been tasked and authorized for the regulation and supervision activities to be carried out within the framework of the Banking Law and relevant legislation.
As examples of disputes regarding banking law; Lawsuits arising from mortgage and secured transactions, loan agreements, financial leasing and factoring transactions, company finance and audit, Banks Association, CMB, BRSA, etc. Many issues that require legal knowledge and experience can be cited, such as the execution of legal transactions that fall within the jurisdiction of institutions and organizations.
Önal&Önal Law Firm provides legal support and consultancy to its clients in the execution of all transactions and litigation related to banking law.