All transactions carried out by the financial institutions are constantly monitored by independent administrative authorities with both central and internal audits. In this framework, financial Institutions have to act in accordance with Banking Law No. 5411 and the relevant financial legislations.
On the other hand, transactions between financial institutions and their clients may also lead to losses depending on the risks involved. From credits relations to derivative transactions, many financial transactions lead to legal disputes due to their risks.
Enabling security for transactional processes is of great importance for financial intuitions with a large organization regarding branches and subsidiaries. Therefore, the establishment of financial transactions free from legal disputes and monitoring the effectiveness and efficiency of the legal processes of acquisition, issuance and collection is necessary.
Şengün & Partners offers comprehensive legal support in all fields, including the abovementioned issues, regarding finance law. In this framework, the firm provides an effective consultancy service, attorneyship to cases of a high volume and provides oversight of compliance in legal assurance and auditing for financial companies such as banks, investment companies, leasing, asset management and factoring.