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Turkish Bar Association Land Registry and Cadastre Sharing System (TAKPAS) is Relaunched for Attorneys’ use.
The Turkish Bar Association’s (“TBA”) Land Registry and Cadastre Sharing System (“TAKPAS”) was relaunched for attorneys’ use on 21 July 2023. TAKPAS is... [Read More]
Increase in the Exception Threshold for the Obligation to Register with the Data Controllers Registry for Annual Financial Statements by the Personal Data Protection Board to 100 Million TL from 25 Million TL.
According to Article 16 titled “Exception Criteria” of the Regulation on the Data Controllers Registry, the Personal Data Protection Board (“Board“) may grant... [Read More]
The Turkish Energy Market Regulatory Authority has Published the Board Resolution Allowing Licensed Energy Generation For Self-Consumption Within Free Zones
The board resolution of the Energy Market Regulatory Board dated 20 July 2023 and numbered 32259 (“Board Resolution”) was published in Official Gazette... [Read More]
The Circular Regarding the Use Of Open Source Software in Public Sector Number 2023/13 Has Been Published.
Purpose and Scope The Circular Regarding Use of Open-Source Software in the Public Sector numbered 2023/13 (“Circular”) aims to promote the use of... [Read More]
Advertisement Board Finds Not Stating the Changes in Weight of Products on the Packaging Breaches the Law.
The Ministry of Trade Advertisement Board examined the packaging of Sütaş Süt Ürünleri A.Ş.’s product named “Sütaş Cream Cheese” at its meeting dated... [Read More]
The European Commission Published the Adequacy Decision within the Data Privacy Framework, Regulating the Transfer of Personal Data from the European Union to the United States on 10 July 2023.
Commission Implementing Decision of 10 July 2023 pursuant to Regulation (EU) 2016/679 of the European Parliament and of the Council on the adequate... [Read More]
The Guide on Packaging Information and Readability of Package of Foods for Special Medical Purposes entered into force.
On 23.06.2023, The Guide on Packaging Information and Readability of the Package of Foods for Special Medical Purposes was published on the website... [Read More]
The Decision of the Court of Cassation Grand General Assembly of Unification of Conflicting Judgments on the Collection of Receivables Secured by Pledges and Receivables attached to Bills of Exchange has been published.
The Court of Cassation Grand General Assembly of the Unification of Conflicting Judgments ruled (“Decision“) that it is not possible to initiate enforcement... [Read More]
With the Communiqué Amending the Financial Crimes Investigation Board General Communiqué (Sequence No: 19), Banks and Legal Entities will be able to Perform Remote Identity Detection.
On 11 August 2023, the Communiqué (Serial No: 24) concerning Amendments to the General Communiqué of the Financial Crimes Investigation Board (Serial No:... [Read More]
5 Years of Best Practice in Competition – Türkiye
We are pleased to release Moroğlu Arseven’s 5 Years of best practice in competition law. This publication aims to offer a comprehensive overview... [Read More]
Employee Stock Option Plans and Effects on M&A Practices in Türkiye
Employee stock option plans (“ESOP”) have found an intensive and diverse practice in the United States of America (“USA“), especially in the 1970s,... [Read More]
A New Financial Method: Buy Now Pay Later – From the view of Europe and Türkiye
Overview The “Buy Now Pay Later” (“BNPL”) market has experienced significant growth in recent years, driven by changing consumer preferences and the rise... [Read More]