MA | Gazette Edition 70: 9 October 2018
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MA | Gazette Edition 70: 9 October 2018, All Time
US Food and Drug Administration Issues New Biosimilars Action Plan
The US Food and Drug Administration issued a new Biosimilars Action Plan in July 2018 (“Plan”). The Plan’s main goals are to promote... [Read More]
Turkish Court of Appeals: Arbitral Awards Based on Arbitration Agreements Entered before 1 October 2011 Cannot be Appealed to the Court of Appeals
The Civil Procedures Law number 6100 (“CPL”) entered into effect on 1 October 2011. Turkey’s Court of Appeals recently ruled that arbitral awards... [Read More]
Turkey Introduces Domestic Production Logo and New Rules for Price Tags
Turkey has introduced new rules for tags, tariffs and price lists for retail goods and services. From 3 October 2018 these must also... [Read More]
Turkey Introduces Rules for Trade Repositories, Including Operation, Practices and Audit Principles
Turkey’s Capital Markets Board (“Board”) has announced new rules for Trade Repositories, including new obligations, activity principles, as well as new rules for... [Read More]
Turkey Reduces Financial and Investment Thresholds for Acquiring Turkish Citizenship
Turkey has reduced the financial and investment thresholds required for foreigners to acquire Turkish citizenship. The new thresholds apply from 19 September 2018.... [Read More]
Turkey Amends the Rules Allowing Central Bank to Monitor Transactions Which Impact Foreign Exchange Positions
urkey has amended rules for the Central Bank to collect information and documents from firms, allowing it to monitor transactions which affect an... [Read More]
Turkey Increases Interest Rate Caps for Credit Card Transactions
Turkey has increased maximum interest rates for credit card transactions, allowing banks to charge higher interest rates. From 1 October 2018, the maximum... [Read More]
Turkey Announces Further Details and Exemptions for Currency Controls on Foreign Currency Contracts
Turkey has announced further details, exemptions and clarifications for recently introduced rules restricting foreign currency or foreign currency indexed payment obligations in contracts... [Read More]
