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Turkey Updates Packaging Rules and Introduces National Database for Human Medicinal Products
Turkey has introduced a centralized database to track medicinal products for human use (“Medicinal Products”), as well as information about parties involved in... [Read More]
Turkey Extends Retailers’ Deadline for Labelling House-Brand Goods
The deadline for retailers to ensure house mark-branded goods comply with the Regulation on Principles and Rules for Retail Trade has been extended... [Read More]
Turkish Constitutional Court: Right to Fair Trial Violated by Failure to Consider Request to Use Oath Evidence
Turkey’s Constitutional Court recently considered whether a first instance court had breached the principle of equality of arms by failing to consider a... [Read More]
Turkish Constitutional Court Awards Compensation to Land Owners for Expropriated Land After Legal Basis Cancelled
Turkey’s Constitutional Court recently ruled that land owners’ property rights had been violated by expropriation of land for a dam and hydroelectric power... [Read More]
Turkish Trade Remedies – June 2017
The following article gives a summary of decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding prevention of... [Read More]
Turkish Citizenship Now Offered in Return for US $1.5 Million Investment into Real Estate or Venture Capital Funds
Foreign investors holding at least US $1.5 million shares in either real estate or venture capital investment funds for three years are now... [Read More]
Turkey Introduces Certification System to Indicate Payment Processing Security During e-Commerce Transactions
Turkey has introduced a voluntary certification system for e-commerce websites and intermediary service providers, allowing them to easily show consumers that the website... [Read More]
Turkey Announces Secondary Legislation with Rules and Exceptions for Substances Which Deplete the Ozone Layer
Turkey ratified the Montreal Protocol on Substances that Deplete the Ozone Layer in 1991 (“Protocol”) and has now introduced secondary legislation in line... [Read More]
Turkish Constitutional Court: Government Body Holds Burden of Proof in Lawsuits Against Administrative Fines
The Turkish Constitutional Court recently ruled that the Criminal Court of Peace violated an applicant’s presumption of innocence by failing to investigate his... [Read More]
VAT Exemption for Foreigners Purchasing Residence and Office Premises Using Foreign Currency
Turkey has introduced a VAT exemption for the first time a particular property is purchased by a foreigner as a residence or office,... [Read More]
Turkish Competition Board Publishes 2016 M&A Activity Report
Turkey’s Competition Authority (“Authority“) recently published a report on mergers and acquisitions examined by the Competition Board (“Board“) during 2016 (“Report”). The Report... [Read More]
Turkey Updates Financial Guarantee Arrangements in Wholesale Electricity Market
Turkey’s Energy Market Regulatory Board (“Board”) has amended procedures for financial guarantees in the wholesale electricity market. Amendments address the market operator’s (Enerji... [Read More]