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Turkey Announces Classification Opinions Within Global Harmonized Commodity Definition System
Turkey has announced Classification Opinions to be implemented in accordance with the International Convention on Harmonized Commodity Definition and Coding System. The system... [Read More]
Turkish Court Rules that a Company’s Creditor Can Send Attachment Notices to Shareholders which owe Receivable to the Company
Turkey’s Court of Cassation recently ruled that a company’s creditor is entitled to send an attachment notice to a company shareholder since the... [Read More]
Turkish Competition Authority Launches Investigation Into TTNET’s Alleged Abuse of Dominance
The Turkish Competition Authority announced last week that it has launched an investigation into the economic unity which consists Türk Telekom A.Ş. and... [Read More]
Turkey Introduces New Rules for Wind and Solar Power Plants in Natural Protected Areas
Turkey’s Environmental and Urbanisation Ministry has introduced new principles for wind and solar power plants (“WPP” and “SPP” respectively). The rules outline restrictions... [Read More]
Turkey Clarifies Restrictions on Independent Auditors
Turkey’s Public Oversight, Accounting and Auditing Standards Authority (“Authority”) has softened restrictions for individuals working as independent auditors. The new rules clarify the... [Read More]
Turkey’s Tobacco and Alcohol Regulator Increases Compliance and Service Fees 3.83% for 2017
Turkey’s Tobacco and Alcohol Market Regulatory Board has increased compliance and service fees by 3.83% for 2017. Increases apply to compliance and service... [Read More]
Turkey Adds World Customs Organization Harmonized System’s Classification Decisions to Customs Regime
Turkey’s Ministry of Customs and Trade (“Ministry”) has added the “World Customs Organization Harmonized System’s Classification Decisions” to the Customs General Communiqué Serial... [Read More]
Turkey Updates Arrangements for Real Estate Certificates, Introduces Two Year Fee Waiver for Publicly Owned Share Issuers
Turkey’s Capital Market Board (“Board”) has continued amendments for real estate matters (more), now focusing on real estate certificates. Changes apply to rights... [Read More]
Turkish Competition Authority Signals Certain Information Transfers in the Insurance Market May Require Individual Exemptions
The Turkish Competition Authority recently published a decision about a negative clearance/individual exemption application for an agreement between two competing insurance companies. The... [Read More]
Turkish Trade Remedies – March 2017
An overview of notable decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding prevention of unfair competition in... [Read More]
Turkey Updates Licensing Rules for Renewable Energy Resource Areas
Turkey’s energy regulator has updated the electricity market license regulatory regime. The changes relate to integration of general principles for production licenses and... [Read More]
Turkey Updates Regulations for Food Labelling and Nutrition Information in line with European Union
Turkey has updated its regulatory regime for food labelling and nutrition information, to become in line with the European Union’s approach. The new... [Read More]