The debt payment and asset notification period to TMSF has been extended

In the collection of Savings Deposit Insurance Fund (TMSF) receivables, debt payment and asset notification periods have been increased to 15 days. Regulations have been made regarding the principles regarding the follow-up and collection of Savings Deposit Insurance Fund (TMSF) revenues and receivables. According to the regulation published in today’s Official Gazette, the debt payment and asset notification periods for the collection of TMSF receivables have been increased from 7 days to 15 days. With the regulation, the restriction on going abroad, which was listed among the measures to be taken in the agreement that could be prepared regarding TMSF’s receivables, has been removed from the text of the article. In addition, with the regulation, receivables followed within the scope of Article 50/A of the Law on Financial Leasing, Factoring, Financing and Savings Financing Companies and the reference it makes to the relevant articles of the Banking Law, and receivables formed within the framework of the duties and authorities within the scope of temporary Article 9 of the same law, have been added to the scope of TMSF’s receivables within the scope of the Law on Procedures for Collection of Public Receivables.