DIV
President Abdullah Gul, Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions approved the law that determines the rules and principles.
According to the law, the system operated by the system operator. For participation in the functioning of the system and the system of rules and regulations issued by the Central Bank in accordance with the contracts to be determined by the system operator.
, the Central Bank will make the necessary arrangements to ensure smooth and uninterrupted operation.
the system operator, who can run the system with the permission of the Central Bank under the arrangement.
system operator, with the establishment of joint-stock company in the form of cash and be free of any collusion and will have to be paid-in capital of at least 5 million Turkish liras. We also have adequate risk management and information security, business continuity and reliability, and to take the measures necessary for the system, participants, and ensure compliance with the operating rules, regulations, bearer share certificates to be issued against cash and will be asked to complete. Interfere with the effective supervision of the bank’s ownership structure and organizational chart transparent and open to, and control of those who have a share of over 10 percent and capital holders will possess the qualifications required for the founders of the bank Banking Law.
these provisions, Czech law will not apply to legal persons carrying out activities within the scope of clearing checks.
permission of the system operator, within 10 days from the date of commencement of operations of the Central Bank to notify the start of its operations.
Central Bank established or to be established surveillance systems to ensure uninterrupted operation of the will. The system operator, any record under surveillance, information and documents, even if they are hidden within the framework of the principles and procedures to be determined by the Central Bank will be deposited to the bank and the bank’s oversight of the system will be ready.
Central Bank, measures based on the weight of the violation, system operator may request the issuance of the system, temporarily stop operating permit. The Bank could threaten financial stability in order to prevent the emergence of a systemic risk to temporarily take over the management of the plant operator.
-Transfer order-
system has become an irreversible order of transfer rules clearly identified and after that transfer orders can not be taken back by the participant or a third party. Transfer order entry system determined by the rules of the system memory.
participant or system operator to suspend transfers of funds or securities, or permanent suspension of limitation of funds or securities, including any kind of organized law that prevents it from saving on and decided to measure the system operator of the system after the moment of notification of the measures and the decision will be applied for transfer orders.
guarantees given to the participant, or system operator in connection with the Central Bank guarantees given to the system, the system guarantees the owner to be used for the fulfillment of obligations related to.
-Payment service-
given to the Central Bank the authority to determine the protective provisions, benefit systems, set system obliged to publish in the Official Gazette will be brought to the public.
payment process to take place in cases where a specific payment account yat?r?labilmesi pay money to the account, the payment account, withdraw money, and to perform other operations on the account of all the activities carried out by payment service provider, the payment will be held as a service.
If you send a payment account and issued by the authority on the basis of which was initiated by the buyer for any direct debit transactions, such as debit or credit card payment transactions initiated by the sender of a payment instrument of money transfer transactions, considered within the scope of payment services.
issuance and acceptance of payment instrument would be part of the payment service. Depending on the sender’s account without any payment service provider acting on behalf of the buyer or recipient of funds transfer transactions are defined as transfer of money. Electricity, water and telephone bill payments as well as regular services to some organizations that mediate the non-bank payment service to be considered. From opening an account on behalf of the sender or the recipient, the payment service provider acting on behalf of the buyer or recipient of the transactions transferring funds, held as part of the payment service.
approval of the aforementioned vehicles, the sender and the sender of the payment process with the receiving party through the transfer of funds between IT and electronic communication tools such transactions takes place over the operator (such as mobile payment service) be considered of payment services.
offering IT and
electronic communication sent to the organization to fund the transaction process payments between the receiving and sending and just does not have the infrastructure to offer services at any stage of processing, payment service will not be evaluated within the scope.
all institutions offering payment services, “payment service provider” collected under the name. In addition to banks, electronic money institutions and payment institutions, payment service provider will be defined as. Banks, electronic money institutions, payment institutions, defined as a payment service provider. Persons other than banks and payment service provider not submit payment service.
-be-paid-in capital of at least one million pounds
payment provider willing to operate in the field of payment services within the scope of Regulation, approval from the BRSA provided that the activities can be found. Payment facility to search for the following conditions:
“established as a joint stock company, and over 10 percent of the share capital and control of those who have the qualifications required for the holders of the founders of the bank, all of the shares and registered shares to be issued against cash, all kinds of cash and paid-up capital of at least one million pounds of collusion that under the arrangement to perform management operations, have sufficient personnel and technical equipment and the relevant departments of the complaints and objections to form, the continuity of the activities to be carried out and the payment of funds, and information on the safety and privacy of service users take the necessary measures on the BRSA control interfere with transparent and open to a partnership structure and organizational chart. “
payment provider, offering payment services to be provided only payment account used to hold the payment process. With regard to electronic money institutions and payment service to pay the funds, deposits, participation funds or be considered as an electronic money. Payment provider can not be found in the lending business.
-separate organizations who might ihdas?n?-
payment institution payment service operates in areas beyond the payment of these activities and the establishment of law and the establishment of the financial position or pay the BRSA to monitor compliance with the provisions of the regulations that may affect adversely affect the case or the Board may wish to develop a separate institution for payment services.
payment institution to permit the merger or division of your organization, such as changing the legal structure of the transactions, the paying agency legal personality in the event of termination, the end of the legal entity, the paying agency for a period of more than six months within one year after the commencement of operations does not operate in the event of expiry period of six months ending on the date itself.
-issuer of e-money institutions-
banks and electronic money issuing electronic money institutions that are allowed to persons other than the electronic money issuance activity bulunmalar? banned. Electronic money, electronic money institution wishing to export, which may operate subject to the consent of the Board.
Requirements for the establishment of electronic money are as follows:
“established as a joint stock company, and over ten percent of the share capital of those who possess the qualifications required for and control of the holders of the founders of the fact that all of the shares and registered shares to be issued against cash, cash, and all kinds of collusion to be paid-in capital of at least 5 million Turkish Lira, to perform management operations, have sufficient personnel and technical equipment , complaints and appeals to create the relevant departments will carry out activities related to the continuity and users of electronic money funds and take the necessary measures regarding the safety and privacy of information, transparent and open to interfere with control of the organization structure and organizational chart to have a partnership. “
Electronic money institutions to carry out their activities through banks. Only its own store network of electronic money issuing institution, not just a specific group of goods or services as a result of an agreement or a purchase of a service network that can be used only in certain pre-paid instruments will be outside the scope of this regulation.
-issuance of electronic money –
issuer of electronic money institutions, so that the fund will issue electronic money. This organization funds deposited by electronic money without delay by turning the electronic money will be ready to use. The organization collects funds for issuance of electronic money, a separate account to be opened at banks by transferring the user will have to keep that account during the period. Funds invested in banks, electronic money amount deposited body in, the user will be blocked for the duration of the accounts at the Central Bank.
provider of electronic money lending activities, which can not be found, depending on the duration of electronic money, electronic money holder holds any interest, and unable will not receive a benefit. The Board shall be authorized to determine other activities can not be done by electronic money institution.
the funds received in exchange for electronic money institutions issuing electronic money, deposits or participation funds will not be considered.
– Ankara
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