bank

Turkey: NEW THRESHOLD FOR WAGE AND OTHER EMPLOYMENT PAYMENTS VIA BANK TRANSFER

In this article, we would like to inform you about a recent amendment concerning wage and other payments of employees, namely; Regulation Amending the Regulation on the Payment of Wages, Bonuses, and All Types of Receivables of This Nature via Banks (in Turkish, “Ücret, Prim, İkramiye ve Bu Nitelikteki Her Türlü İstihkakın Bankalar Aracılığıyla Ödenmesine…

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Austria: No state liability vis-à-vis bank customers

January 2022 – Austria – TAIYO Legal  The Austrian Constitutional Court ruled that the Republic of Austria is not liable for damages suffered by customers of an insolvent bank even if these damages were caused by poor supervision by an authority. Around 30 customers of Commerzialbank Mattersburg had filed for damages against the federal government….

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