MA | Gazette Edition 58: 4 January 2018
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MA | Gazette Edition 58: 4 January 2018, All Time
Turkey Updates Financial Reporting and Accounting Standards
Turkey’s Public Oversight, Accounting and Auditing Standards Authority has updated a range of Financial Reporting Standards and Accounting Standards, as well as Interpretations... [Read More]
Turkey Updates Independent Auditing Standards
Turkey’s Public Oversight, Accounting and Auditing Standards Authority has updated a range of Independent Auditing Standards. The updates cover a wide range of... [Read More]
Turkey Establishes Provincial Soil Protection Boards and Announces Rules for Use and Protection of Cultivated Areas
Turkey’s Ministry of Food, Agriculture and Livestock (“Ministry”) recently announced a new regulatory regime for planning, use and oversight of cultivated areas. These... [Read More]
Turkey Announces Details of Land Consolidation Regime
Turkey has announced details of procedures for land consolidation activities, as well the roles of various bodies involved in the process. The regime... [Read More]
Turkey Announces Operating Rules for Foreign Economic Relations Board and Business Councils
Turkey has announced working procedures and principles for the Foreign Economic Relations Board (“Board)”. The Board’s purpose is to support foreign economic relations,... [Read More]
Cheque Presentation Rule Postponed in Turkey to End of 2020
Under Turkish law, if a cheque is delivered to a drawee bank before the availability date stated on the cheque, a provision states... [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]
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]
Turkey Lowers Credit Threshold for Banks Regarding Vehicle Loans
The threshold used by banks in Turkey to determine credit limits for auto loans, loans secured by vehicles and financial leasing has increased... [Read More]
Turkey Extends Transition Period Deadlines for Adapting Veterinary Medicinal Products and Production Sites to Meet Good Manufacturing Practices
Turkey has amended rules for production, export, import, use, packaging and sale of veterinary medicinal products. Notably, the transition period’s deadline for adapting... [Read More]
Turkey Announces Further Rules for Voluntary Green Certification Scheme for Buildings
Turkey has published further rules for acquiring a “green certificate” for buildings. The latest developments address establishment of evaluation bodies and documentation systems.... [Read More]
Turkey Adjusts Calculation Method for Motor Vehicle Tax
For vehicles registered after 31 December 2017, Turkey will now also consider the vehicle’s value when calculating its annual motor vehicle tax amount.... [Read More]
