CLIENT ALERT (Turkey): Recent Amendments to the Legislation regarding the Protection of the Value of Turkish Currency
March 2025
The Banking and Finance team of our member firm Kolcuoglu Demirkan Kocakli has recently issued a client alert “Recent Amendments to the Legislation regarding the Protection of the Value of Turkish Currency”.
You may read the firm’s new client alert here.
CLIENT ALERT (Turkey): Amendment to the Use of Foreign Currency Under Movable Sale Agreements
March 2025
Our member firm Kolcuoglu Demirkan Kocakli has recently issued a client alert “Amendment to the Use of Foreign Currency Under Movable Sale Agreements”.
You may read the firm’s new client alert here.
CLIENT ALERT (Turkey): New Short Selling Rule
February 2025
The Capital Markets team of our member firm Kolcuoglu Demirkan Kocakli has recently issued a client alert “New Short Selling Rule”.
You may read the firm's new client alert here.
CLIENT ALERT (Turkey): Travel Rule in Crypto Assets Has Entered into Force
February 2025
The Capital Markets team of our member firm Kolcuoglu Demirkan Kocakli has recently issued a client alert “Travel Rule in Crypto Assets Has Entered into Force”.
You may read the firm's new client alert here.
KG Law Firm Advises Piraeus Bank on the Merger of Intracom Properties S.A. with Evropi Holdings S.A.
February 2025
Our member firm, Kyriakides Georgopoulos Law Firm, advised Piraeus Bank, acting in the capacity of advisor, in the context of the merger through absorption of Intracom Properties S.A. by Evropi Holdings S.A. (former KLM S.A.), listed on ATHEX, which has been successfully completed in November 2024. KG Law Firm advised and supported the bank with regard to the performance of legal due diligence on the merged entities, the preparation of the indirect listing document for Intracom Properties S.A. and the preparation of the exemption document under Regulation (EU) 2017/1129 for the…
CLIENT ALERT (Turkey): Certain Restrictions on Loan Utilization Have Been Abolished
February 2025
The Banking and Finance team of our member firm Kolcuoglu Demirkan Kocakli has recently issued a client alert "Certain restrictions on loan utilization have been abolished".
You may read the client alert here.
New European Anti-Money Laundering Regulation
December 2024
Konstantinos Vouterakos, Senior Partner, Apostolos Georgantas, Partner, Despina Korovesi, Associate, and Aikaterini Bitzanaki, Associate
Kyriakides Georgopoulos Law Firm
Introduction
Combating money laundering and terrorist financing is a top priority for the European Union. Recent revelations about money laundering networks and the growing threat of financing terrorist organizations have shown that the issue remains particularly relevant. As a result, the need for a coordinated and stringent approach at EU level appears more imperative than ever. In that context, on 31 May 2024,…
DTB Represented EBRD in EUR 100 Million Worth Cooperation with ZABA for the Financing of Green Projects
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, represented the European Bank for Reconstruction and Development (EBRD) in partnership with Zagrebačka banka (ZABA), the leading bank in Croatia and member of the UniCredit Group, in which it provided ZABA with an uncapped unfunded portfolio guarantee of up to EUR 80 million under the European Union’s InvestEU Programme. ZABA thus became the EBRD’s first partner financial intermediary under the InvestEU programme. This financial instrument is designed to cover a newly generated portfolio of loans, and the total value of…
DORA in Action: Insurance and Finance Enhancing Digital Resilience
November 2025
Konstantinos Issaias, Partner, Zaphirenia Theodoraki, Senior Associate, Vasilianna Karakatsani, Associate
Kyriakides Georgopoulos Law Firm
Introduction
With the increasing dominance of digitalization in the operation of Insurance and other financial institutions, Information and Communication Technology (ICT) risk has become integral to their risk profile. It is not strange therefore that it has drawn the attention of international, European and national regulatory authorities with a view to strengthening operational resilience. Nonetheless, divergent legislative frameworks as…
New European Regulation on Instant Payments
October 2024
Konstantinos Vouterakos, Senior Partner, and Despina Korovesi, Associate
Kyriakides Georgopoulos Law Firm
Introduction
In 2017, European payment services providers agreed on a framework for instant credit transfers in euro under the auspices of the European Payments Council. Despite their undisputable practicality and their contribution in facilitating transactions, until today, the uptake of instant credit transfers in euro at EU level has not been high enough to meet the real needs of the market. For this reason, it is considered that a widespread and rapid increase in such…
New Regulations Impacting the Crypto Asset Sector
October 2024
Irem Cansu Demircioglu, Senior Associate, and Yagmur Gundogdu, Trainee Associate
Kolcuoglu Demirkan Kocali Attorney at Law
Law No 7518 on Amendment of Capital Markets Law (the “Law”) has been published on 2 July 2024, and has entered into force on the same date. Upon its enactment, the Law established the procedures and principles applicable to entities in the crypto-asset sector and the services provided by such entities. In this respect, the new regulations introduced by the Law and the principles published by the Capital Markets Board (CMB) following the entry into force…
NNDKP Assisted AAylex One in Connection with a EUR 20 Million Financing Provided by CEC Bank S.A. and Alpha Bank Romania S.A.
August 2024
NNDKP has assisted AAylex One, one of the leading players in the Romanian food industry and the producer of the Cocorico brand in connection with a EUR 20 million loan facility granted by a syndicate of banks. The syndicate of banks included CEC Bank S.A. and Alpha Bank Romania S.A., the facility granted is secured by a guarantee issued by Exim Banca Romaneasca in the name and on behalf of the State.
NNDKP continues to support AAylex One, advising this client in a new financing project on complex aspects related to the structuring, drafting and negotiation of the finance documents…
