#Ekonomi

New regulations in credit utilization

The Banking Regulation and Supervision Agency (BRSA) has removed the foreign currency asset limit for Turkish Lira credit utilization by independent audit firms. The BRSA has made regulations regarding Turkish Lira credit utilization for independent audit firms. Previously, independent audit firms exceeding specified thresholds in foreign currency asset amounts were restricted from obtaining Turkish Lira credit. When companies exceeded these thresholds and still utilized credit, their credit utilization was prevented, and sanctions were imposed. With the new decision, Turkish Lira credits will be granted to independent audit firms without considering their foreign currency asset position.

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