• Registered Pledges Can Now Be Entered Electronically 24/7
  • February 10, 2017
  • The Act for Amendment and Supplement to the Registered Pledges Act (“AASRPA” / ”the Act”) was promulgated in the State Gazette, issue 105 of 30th December 2016, and introduces amendments that aim to ensure legal certainty and to create state guarantees for the lawful conduct of the procedure for imposing pledges. Thus, the AASRPA shall significantly improve the commercial turnover and the use of the pledges as a security tool.