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Baker & McKenzie
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Combining the knowledge of local laws and cultures with a global reach is just one of the ways Baker & McKenzie separates itself from other firms. Our genuinely global perspective allows us to operate without boundaries around the world, in every jurisdiction that is important to your business.

Select a region or country to learn about on-the-ground resources immersed in the local culture or Learn about us Globally to view our talent and services worldwide.

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Insolvency & Bankruptcy Litigation

Our talented Insolvency & Bankruptcy team has an impressive track record in complex restructuring transactions, debtor/creditor disputes and insolvency proceedings on a local, regional and international level. We have experience in debtor-in-possession and exit financing, and recovery of assets.

In this legal alert, we discuss the recently amended Communiqué on Reserve Requirements for banks in Turkey. Aimed at increasing macro-prudential supervision of banks, the changes include new reserve requirements for banks holding borrower funds of investment and development banks in Turkey and higher reserve requirements for deposits held outside of Turkey.
The country’s banking system is now Basel III-compliant, with some rules on capital requirements, standardized credit risk measurement methods and disclosure requirements going beyond the international framework’s minimum standards.
In this legal alert, we discuss the recent opening of Vakıf Katılım Bankası A.Ş., the second state-owned Islamic bank in Turkey. This development is expected to increase competition in the country’s Islamic banking market.
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For further information, please contact:
 
Principal
+ 65 6434 2276
 
Partner
+ 1 312 861 3731
T + 1 212 626 4228
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Every day our more than 4,000 lawyers, economists, tax advisors and other professionals share insights and best practices across borders and practices. We speak more than 75 languages and represent more than 55 nationalities, and the close relationships among our people fosters the trust needed to develop and deliver world-class solutions to multinational clients.

We share an uncompromising commitment to excellence, which explains why more of our lawyers are included as leading lawyers in the Chambers Global Guide to the World’s Best Lawyers than any other Global 20 law firm.

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Passionately global
We are passionately global — it's in our DNA.

We started with a vision of going global and were in eight countries before our 10th anniversary. Today we have 77 offices in 47 countries -- including the emerging markets so important to the growth of your business.
*Associated Firms
**In cooperation with Trench, Rossi and Watanabe Advogados
Other Geographic Initiatives

We service clients throughout the world and in some countries where we do not have offices, working with carefully selected local firms to leverage our global knowledge and capabilities.

 India Africa Central America 
  Central Europe   
We offer world-class career opportunities around the globe, while our entrepreneurial culture makes Baker & McKenzie a unique place to develop professionally.

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