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The Presidential Decree on the Increase in the Late Payment Fee Rate Applied to Public Receivables and Communiqué on Debt Collection have been published
The Presidential Decree numbered 8484 (“Decree”) on the revision of the late payment fee rates in the Law on the Procedure for Collection... [Read More]
The Regulation on Prevention Plans to be Prepared by Systemically Important Banks has been Amended
The Regulation on Prevention Plans to be Prepared by Systemically Important Banks (“Regulation”) was published in the Official Gazette, dated 16 March 2021... [Read More]
The Council of State Decided that Failure to Clearly State the Reasons for not Taking the Sales Price as a Basis in Determining the Customs Value of Imported Goods is Against the Law.
In the Council of State decision numbered 2023/6, published in the Official Gazette, dated 26 March 2024 and numbered 2023/6 E., 2024/1 K.... [Read More]
The Constitutional Court Ruled that Rejection of Lawsuits Filed for the Annulment of the Environmental Impact Assessment Positive Decisions for the Power Plant Project Violated the Right to Respect of Private Life
The individual application, which is the subject of the Constitutional Court decision published in the Official Gazette, dated 27 March 2024 and numbered... [Read More]
The Central Bank has Updated the Interest Rates to be Applied in Rediscount and Advance Transactions
The Communiqué on the determination of the interest rates to be applied in rediscount and advance transactions (“Communiqué”) issued by the Central Bank... [Read More]
The Presidential Circular on Monitoring the Implementation of the Zero-Waste System has been Published
The Presidential Circular dated 1 April 2024, and numbered 2024/4 (“Circular”), published in the Official Gazette, dated 27 March 2024 and numbered 32502,... [Read More]
The Ministry of Industry and Technology Published the Regulation Amending the Regulation on the Allocation of Parcels in Organized Industrial Zones, Whether Wholly or Partially Free of Charge.
The Regulation Amending the Regulation on the Allocation of Parcels in Organized Industrial Zones Wholly or Partially Free of Charge (“Regulation”), drafted by... [Read More]
Regulation Amending the Turkish Food Codex Regulation on Food Labeling and Informing Consumers has been Published
With the Regulation (“Regulation”) published in the Official Gazette, dated 6 April 2024 and numbered 32512, the Turkish Food Codex Regulation on Food... [Read More]
The Constitutional Court Rejected the Request for Annulment of Articles of Law No. 6563 On the Regulation of Electronic Commerce.
Law No. 6563 on the Regulation of Electronic Commerce (“Law“) and its secondary regulation, the 10th Chamber of the Council of State issued... [Read More]
Due Diligence Process for Turkish Companies – What to Watch Out for?
Legal due diligence (“DD”) is an essential part of M&A process. Legal DDs help the parties in various phases of an M&A process,... [Read More]
Draft Law on Regulations Regarding Crypto Assets Submitted to the Presidency of Grand National Assembly of Turkey
The Draft Law on Regulations Regarding Crypto Assets, submitted to the Presidency of Grand National Assembly of Turkey on 16 May 2024, contains... [Read More]
Banking Sector Suspicious Transaction Reporting Guide and MASAK Online System Updated
Pursuant to Article 4 titled “Suspicious Transaction Notification” of the Law No. 5549 on Prevention of Laundering Proceeds of Crime (“Law”), if there... [Read More]