Turkey Open Banking

Turkish Payment Services and Open Banking Regulation

ActiveOpen BankingEurope
🌍
Jurisdiction
Turkey
📅
Effective Date
2020
Jan 1, 2020
Full Compliance
2020
Mar 1, 2020
🏛️
Regulator
Banking Regulation and Supervision Agency

Overview

Turkey has two legal frameworks for Open Banking: Law No. 6493 on Payment and Securities Settlement Systems covering AIS and PIS third-party providers, and the Regulation on Information Systems of Banks covering generic Open Banking relationships.

Scope & Coverage

AISPISCAF

Key Requirements

1
BRSA licensing
2
PSD2-aligned use cases
3
Consent management
4
API security standards

Implementation Timeline

Jan 1, 2020
Payment Law covering PSD2 use cases in effect
Mar 1, 2020
Banking Regulation update for generic OpenBanking

Key Notes

Dual regulatory framework covering payment services and banking information systems.

Official Resources

Related Regulations

Other open banking frameworks in Europe:

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