MA | Gazette Edition 34: 5 December 2016
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MA | Gazette Edition 34: 5 December 2016, All Time
Turkey Introduces New Standards for Nursing Centers for Disabled Persons
Turkey’s Ministry of Family and Social Policies (“Ministry”) has introduced comprehensive new standards for nursing centers for disabled people. Detailed regulations outline procedures... [Read More]
Turkey’s Ministry of Health Shuts Down 5,300 Websites Selling Drugs, Slimming Teas And Similar Products
Turkey’s Ministry of Health (“Ministry”) has inspected and shut down 5,300 websites selling drugs, slimming teas and similar products. A Ministry statement notes... [Read More]
Turkey’s Ministry of Finance Announces 2016 Revaluation Rate as 3.83%
Turkey’s Ministry of Finance has announced the revaluation rate for 2016 as 3.83%. The rate will also apply to the last provisional taxation... [Read More]
Turkey’s Central Bank Announces Maximum Credit Card Interest Rates for Q1 2017
Turkey’s Central Bank has determined new maximum contractual and default interest rates for credit card transactions, which will apply for the period 1... [Read More]
Turkey Introduces Additional Rules for Determining Price During Tendering Procedures
Turkey has introduced a new rules for determining price during tender procedures, for certain investors. The new rules apply to investors subject to... [Read More]
Turkey Updates Compliance Regime for Vehicle Manufacturing, Modification and Installation
Turkey has updated procedures and principles for manufacturing, modifying and installing vehicles. The updated rules relate to compliance with traffic security and highway... [Read More]
Turkey Introduces Reimbursement Scheme for Participants at Industry Fairs
Turkey’s Money Credit and Coordination Board (“Board”) has introduced a new support package, intended to support trade finance, as well as increase the... [Read More]
Turkish Constitutional Court: Fixed Administrative Fines For Unlicensed LPG Transport, Sale, and Auto Filling Not Unconstitutional
The Turkish Constitutional Court recently considered the constitutionality of administrative fines applied for certain breaches of LPG legislation. It considered and rejected a... [Read More]
Turkey Supports Efforts to Become Financial Hub by Establishing Istanbul International Financial Center Coordination Board
Turkey has announced establishment of the Istanbul International Financial Center Coordination Board (“Board”). The Board is established to increase the speed and effectiveness... [Read More]
Turkey’s Prime Ministry Encourages Public Institutions to Use Istanbul Arbitration Centre for Dispute Resolution
The Prime Ministry of Turkey (“Prime Ministry”) has encouraged public institutions and organizations to use the Istanbul Arbitration Centre (“ISTAC”) for dispute resolution... [Read More]
Turkey Clarifies Stamp Tax and Fee Exemptions for Notifications and Debt Repayment Schemes Involving Cheques
Turkey’s Union of Notaries has announced details of stamp tax and fee exemptions for warning notifications and certain agreements, involving cheques, regarding repayment... [Read More]
Turkish Constitutional Court Considers Lessors’ Ability to Terminate Fixed Term Leases
Turkish legislation protects lessees by imposing comparatively higher thresholds on lessors to terminate fixed term leases. A first instance court recently applied to... [Read More]
