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Global Trade Alert

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Turkiye: The government for the first time introduces disclosure and audit obligations for foreign currency loans with a monetary value of over USD 15 million

Description

Effective from 17 February 2018, the government of Türkiye established that all entities residing in Türkiye that have foreign currency loans amounting to a sum exceeding USD 15 million must for the f...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

17 Feb 2018

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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