MA | Gazette Edition 69: 20 September 2018
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MA | Gazette Edition 69: 20 September 2018, All Time
European Court of Justice: Nestlé Failed to Sufficiently Prove Acquired Distinctiveness for KitKat’s 3D EUIPO Trademark Registration
The European Court of Justice (“ECJ”) has considered the European Union Intellectual Property Office’s (“EUIPO”) decision about a request to invalidate a 3D... [Read More]
Turkey Updates Electricity License Application Rules
Turkey has amended the application processes for pre-licenses and licenses within the electricity licensing regime. Accordingly, joint-stock companies which apply for such licenses... [Read More]
Turkey Increases Deferment Interest Rates and Default Interest for Public Receivables
Turkey’s Ministry of Finance and Treasury has increased the deferment interest rate which is applied to deferred public receivables from 12% to 22%.... [Read More]
Turkish Patent and Trademark Office Reduces Official Fees by 25% to 40%
Turkey’s Ministry of Industry and Technology has announced a support package for industrialists, intended to reduce industrial property application and registration fees for... [Read More]
Turkey Introduces Mechanism Enabling Taxpayers Subject to Special VAT Principles to Revert to General Principles
Turkey’s Ministry of Treasury and Finance has introduced a redemption mechanism for certain taxpayers which are subject to special VAT principles due to... [Read More]
Turkey Updated Rules for Distributing Advance Dividends
Turkey has made changes to its calculation and distribution rules for advance dividends. Changes apply to advanced dividends for joint-stock companies (not subject... [Read More]
Turkey Announces Further Exemptions from Registering with the Data Controller Registry and Publishes New Rulings on Processing Personal Data
Turkey’s Data Protection Board (“Board”) has extended the scope of data controllers which are exempt from registering with the Data Controllers Registry (“Registry”),... [Read More]
Turkey Introduces Rules Requiring Export Proceeds to be Repatriated Within Certain Timeframes
Turkey has introduced new rules to protect the value of its currency, aimed at ensuring profits from export transactions between 4 September 2018... [Read More]
Turkey Introduces Principles and Procedures for Capital Loss and Financial Distress
Turkey’s Ministry of Trade has issued a communiqué outlining principles and procedures for companies with share capital to follow in cases of capital... [Read More]
Turkey Caps Instalment Payment Schemes for Retail Sales
Turkey has capped the instalment payment period for retail goods and services at maximum 12 months, with lower caps for certain types of... [Read More]
Turkey Lowers the Maximum Period for Consumer Loans, Plus Credit Card Instalment Schemes
Turkey’s Banking Regulatory and Supervisory Authority (“Authority”) has lowered the cap on consumer loans. Accordingly, from 1 September 2018, the maximum term for... [Read More]
Turkey Introduces Currency Control Measures on Domestic Contracts Involving Foreign Currency
Turkey has introduced new contract rules, intended to protect the national currency’s value. From 13 September 2018, certain agreements between parties which are... [Read More]
