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Ergun YavaşAttorney · Istanbul Bar
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Practice area · Law No. 1567, RUSF (KKDF)

Foreign Exchange Offences: Law No. 1567 and KKDF Disputes

Disputes under Law No. 1567 on the Protection of the Value of the Turkish Currency, the Resource Utilisation Support Fund (KKDF) and payment methods in foreign trade.

Although foreign exchange monitoring of import and export transactions has been abolished, legal advice and representation are provided in the following disputes under this heading.

Disputes under this heading

  1. Alleged breaches of Law No. 1567

    Acts involving alleged breaches of Law No. 1567 on the Protection of the Value of the Turkish Currency, which still keeps foreign exchange monitoring for certain transactions.

  2. KKDF disputes

    Disputes concerning payment methods in foreign trade, a subject of foreign exchange law, and in particular disputes over claims that the Resource Utilisation Support Fund levy was underpaid or not paid at all.

    Disputes arising from the practice of imposing penalties under the Customs Law for underpaid KKDF, even though the law does not allow such penalties.

  3. Banking transactions in foreign trade

    Disputes arising from banking transactions in foreign trade.