Financial Restructuring Framework Agreement has been AmendedDecember 11th, 2018
FiledDecember 11th, 2018The Regulation on Restructuring Debts Owed to Financial Sector (“Regulation”) had been amended on 21.11.2018. The amendments in the Regulation were expected to be reflected on the Financial Restructuring Framework Agreement (“Framework Agreement”) approved by a decision of Banking Regulatory and Supervision Agency dated 19.09.2018 for some time. A protocol which includes these amendments has been shared with the banks and financial institutions who have executed the Framework Agreement.