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Turkey Updates Rules for Movable Pledges and Assignments
Turkey has updated rules related to pledges on movable assets. Notably, all future legal interests in a movable asset will now be directly... [Read More]
Turkey Announces Scheme Allowing Free Land Allocation Within Organized Industrial Zones, in Return for Employment Commitments
The entrepreneur committee or general assembly of Organized Industrial Zones (“Zone”) in Turkey can now allocate parcels of land free of charge, in... [Read More]
Turkey Updates Rules and Procedures for Organic Farming
Turkey has updated the rules and procedures for organic farming. Most notably, it is now permitted to renew stocks of organic aquaculture by... [Read More]
Turkey Widens Obligations for Adding National Markers to Fuel
Turkey’s Energy Market Regulatory Authority has extended its requirements to apply protection measures when adding national markers to fuel. Under the change, all... [Read More]
Turkey Announces Further Details About Online Portal for Taxpayers
Turkey’s Revenue Administration recently published rules for the “Interactive Tax Office” (“Online System”), which allows taxpayers to now conduct a range of tasks... [Read More]
Turkish Constitutional Court: Balance Must be Struck Between Public Benefit and Individual Interests When Determining Compensation for Expropriations
The Turkish Constitutional Court recently considered a claim that property rights had been violated by insufficient compensation being paid for the decreased value... [Read More]
Turkey Clarifies Procedure for Consumer Arbitration Committee and Adjusts Monetary Limits
Turkey has clarified procedural steps for consumer disputes. Previously, the requirement to approach consumer arbitration committees for disputes below certain monetary limits was... [Read More]
Turkish Capital Markets Board Exempts Publicly Held Companies from Requirement to Keep Domestically-Located Information Systems
In January 2018, Turkey’s Capital Markets Board (“Board”) introduced new rules requiring capital markets institutions and publicly held companies to locate their primary... [Read More]
Turkey Reassigns Regulator Responsibilities for Sugar, Tobacco and Alcohol
Turkey recently closed down its regulatory bodies which focused specifically on sugar, alcohol and tobacco. Accordingly, the duties which were previously held by... [Read More]
Turkey Announces Rules for Industry Cooperation Projects Focused on Innovation, Localization and Technology Transfer
Turkey has announced principles for industry cooperation projects focused on innovation, localization and technology transfer. These new rules apply to the procurement of... [Read More]
Turkish Constitutional Court: Expropriation Does Not Violate Property Rights, Despite Stay of Execution Decision
The Turkish Constitutional Court recently ruled that the right to property had not been violated by completion of expropriation proceedings, initiated by the... [Read More]
Turkey Updates Public Tender Regime, Includes Insurance Surety Bonds as Collateral
Turkey has updated aspects of the public tender regime outlined in Public Tender Law number 4734. Most notably, surety bonds issued by insurance... [Read More]