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Turkey’s Data Protection Board Orders Phone Directories to Cease Unlawful Data Processing, Plus Announces Obligations to Maintain Data Security at Service Counters, Box-offices and Desks
Turkey’s Personal Data Protection Board (“Board”), has adopted and published two important rulings. These address protection of personal data in websites/applications that provide... [Read More]
WIPO Releases 2017 Report Detailing Global Intellectual Property Activity
The World Intellectual Property Organization (“WIPO”) has released its 2017 World Intellectual Property Indicators Report (“Report”) outlining territorial rankings on global intellectual property... [Read More]
The Lower Limit for Administrative Fines Relating to Competition Law Infringements Increase 14.47% for 2018 in Turkey
The lower limit for Administrative Fines under the Law on the Protection of Competition number 4054 has increased by 14.47% for 2018, from... [Read More]
Moroğlu Arseven is Pleased to Announce that Ezgi Baklacı has been Promoted to Counsel
Moroğlu Arseven is pleased to announce that Ezgi Baklacı has been promoted from Senior Associate to Counsel, effective from 1 January 2015. The... [Read More]
Turkey Announces 2018 Default Interest Rate for Late Payments to Creditors Regarding Commercial Goods and Services
Turkey’s Central Bank has determined the default interest rate as 10.75% for late payments made to creditors in the context of commercial transactions... [Read More]
Turkey’s Constitutional Court Dismisses Legal Challenges Seeking to Strike Out Certain Clauses of the Data Protection Law
Turkey’s Constitutional Court recently dismissed an application seeking to suspend and strike out certain clauses in the Data Protection Law number 6698 (“Law”).... [Read More]
Turkey Introduces Mechanism to Request Review of Administrative Fines in Certain Circumstances
In certain circumstances, recipients of the administrative fines can now request reconciliation of administrative fines imposed by governorships or the Ministry of Customs... [Read More]
Turkey’s Council of Ministers Ratifies International Tax Assistance Convention
Turkey’s Council of Ministers has now ratified the Convention on Mutual Administrative Assistance in Tax Matters (“Convention”), subject to several exclusions. The Convention... [Read More]
Turkey Launches Crowdfunding Legislation
Turkey has introduced a new legislative regime focused on crowdfunding. It is the first time that crowdfunding structures receive specific attention from Turkish... [Read More]
Turkey Introduces Online System for Taxpayers
From 1 January 2018, certain taxpayers in Turkey can now use an electronic Bookkeeping Declaration System (“System”) to store and submit selected documents... [Read More]
Turkey Restructures Methods for Settlement with the Finance Revenue Administration For Related Party Transactions
Turkey has restructured methods for settelement with Finance Revenue Administration (“Administration”) for related party transcations. The developments widen and clarify the scope of... [Read More]
Activity Permits for Suspended Independent Audit Firms in Turkey Will Not Be Cancelled Due to Auditors Leaving
Turkey’s Public Oversight, Accounting and Auditing Standards Authority (“Authority”) has declared that if an independent audit firm has its activity permit suspended, the... [Read More]