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Turkey Introduces Rules for Disabled Customer and Over 70s to Improve Accessibility and Safety for Banking Services
Turkey has introduced regulations to improve accessibility to banking services for disabled customers, as well as customers over 70 years old. The changes... [Read More]
Turkey Announces Professional Standards for Ethics and Compliance Management
Turkey has announced National Profession Standards of Ethics and Compliance Management Level 6 (“Standards“). The Standards address the role and responsibilities for an... [Read More]
Turkey Amends Application, Extension and Qualification Aspects of Government Investment Aid Scheme
Turkey has amended various application, extension and qualification aspects of its government investment aid scheme. Supporting documents required during incentive certificate applications have... [Read More]
Secondary Legislation Outlines Requirements for Visas, Residence Permits, Deportation and International Protection Requests in Turkey
Turkey’s Ministry of Domestic Affairs has issued secondary legislation outlining the requirements for visa, residence permit, deportation and international protection requests. The latest... [Read More]
Turkey Announces Action Plan to Support Rural Development in 2015 to 2018
Turkey’s High Development Agency has approved an action plan (“Action Plan”) to support rural development during the 2015 to 2018 period. The Action... [Read More]
Turkish Public Procurement Tenders: Technology Development Zone Projects Now Eligible; Increased Health and Safety Requirements
Turkey has widened the scope of its public procurement regime to now allow Technology Development Zones to participate in tenders. These zones have... [Read More]
Turkish Constitutional Court Considers Whether Partial Annulment of Basis for Earlier Court Decision Leads to Breach of Constitutional Rights
The Turkish Constitutional Court recently considered a claim that since part of the legislative basis for an earlier decision had been struck out,... [Read More]
Amendments to Value Added Tax Arrangements in Turkey
Turkey has announced a range of changes to Value Added Tax arrangements. Notable changes include clarification that overpaid tax during exports will not... [Read More]
Turkey’s Banking Regulator Amends Loan Classifications and Provision Requirements, Plus Method for Calculating Bank Equity
Turkey’s Banking Regulation and Supervision Agency has made a series of regulatory amendments to loan classifications, provisions to be reserved for loans, as... [Read More]
Turkey Halves Threshold where Employers Must Pay Employees Via Banks
Turkey has halved the threshold where employers become required to pay employees via banks. From 1 June 2016, the bank payment obligation now... [Read More]
Turkish Constitutional Court Strikes Out Legislative Ban on Table Football Based on Changed Social Conditions
A recent decision by the Constitutional Court lifts a legislative ban on table football in Turkey. The court held that the provision does... [Read More]
Turkey Introduces More Comprehensive Incentive Framework For Using Domestically Manufactured Equipment in Renewable Energy Generation
Turkey has introduced a more comprehensive and detailed regulatory regime for incentives available when using domestically manufactured equipment in renewable energy generation. The... [Read More]
