Banking & Finance Law
Banking and Finance Law regulates the relations between the depositor who deposits money in the bank and the banks and the banks themselves. It is a very broad branch of law that arises from the work of financial markets, covers judicial disputes on banking and finance issues, legal provisions and events, determines sanctions, and determines the rules of transactions such as money, credit, bonds and factoring.
In the globalizing world, with the rapid change, development and sectoral liberalization in information processing and communication technology, the borders between markets and countries have disappeared and the world has become a single global market. It has increased the legal diversity of business and transactions in the field of banking and finance, which has turned into a sector, and brought important changes to the agenda. All these changes and developments have greatly affected banking and finance law in our country, as well as all over the world, and have made it an important branch of law. This increase on a global level has increased the need for legal regulation and legal consultancy in this field all over the world and has made it necessary to specialize in solving problems in the field of banking and finance law.
Sertbay Law Firm, which has served as a bank lawyer to its clients consisting of national and international local and foreign financial institutions and banks, provides services to institutions and finance companies operating in many areas of the real sector, from information technology to production, with its lawyers specialized in banking and finance law. It continues to provide banking and finance legal consultancy and legal services to sector players in banking and finance law-related loans, alternative borrowing methods, compliance with legislation, risk management, restructuring and all kinds of banking and finance-related legal processes, cases and disputes.
The main legal services we provide in the field of Banking and Finance Law are as follows:
Legal consultancy on establishing a bank in Northern Cyprus
Legal consultancy for establishing a financial company in Northern Cyprus
Legal consultancy to banks and financial companies that want to open branches in Northern Cyprus
Legal opinion and consultancy regarding the legal legislation regarding the banking and finance sector in Northern Cyprus and the rules applied by the Central Bank
- Real estate investment consultancy in Northern Cyprus
Large scale real estate purchase and project financing in Northern Cyprus
Financial structuring
Ensuring compliance of loan agreements and other financial instruments with the legislation and providing legal advice
Litigation and collection follow-up in receivables cases of banks or finance companies
Following up litigation and enforcement procedures regarding bills of exchange, bounced checks and all policies
Mortgage transactions to be carried out at the Land Registry Office and sale of mortgaged property by public auction
Seizure and enforcement procedures
