The Regulation (the “Amending Regulation”) Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (the “Regulation”) and the Communiqué (the “Amending Communiqué”) Amengin the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services of Payment Service Providers in the Field of Payment Services (the “Communiqué”) entered into force through their publication in the Official Gazette dated 27 June 2023 and numbered 32234, introducing a significant amendment for payment and electronic money institutions operating in the field of financial technologies.
Prior to the Amending Regulation, payment and electronic money institutions operating as of the date of entry into force of the Regulation were obliged to comply with the Regulation until 30 June 2023. Pursuant to the Amending Regulation, the compliance period is extended until 30 September 2023. In parallel, with the Amending Communiqué, the compliance period with the Communiqué is also extended until 30 September 2023.