DECISION NO: 6 Draft Regulation On Making Changes In The Regulation On Credit Transactions OF BANKS

DECISION OF TKBB ADVISORY BOARD

DECISION DATE : 11.01.2019
DECISION NO : 6
DECISION SUBJECT : Draft Regulation On Making Changes In The Regulation On Credit Transactions OF BANKS

REFERENCE

REQUEST DATE : 08.01.2019
REQUEST NO : 5
REQUEST SUBJECT : Draft Regulation on Credit Transactions of Banks
REQUESTOR : BDDK

REQUEST SUMMARY:

The opinion of the Advisory Board of the TKBB is requested on Article 19 of the “Draft Regulation on Credit Transactions of Banks”, which was conveyed by the letter of the Banking Regulation and Supervision Agency, Department of Enforcement III dated 08.01.2019 and numbered 43890421-010.03-E.205.

DECISION:

Article 19 of the draft regulation on making changes in the "Regulation on Credit Transactions of Banks" prepared by the Banking Regulation and Supervision Agency was examined, and it was observed that the previous opinions of our Advisory Board were taken into account in the relevant agency. It has been agreed by a large majority of votes that the draft in question, whose final form can be found attached, is not against the principles and standards of participation banking.

Allah knows the best.