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Turkey Approves 2016-2019 Strategy and Action Plan for Automotive Sector to Increase Global Competitiveness
A Strategy and Action Plan for the Turkey’s Automotive Sector (“Action Plan”) has been approved by the High Planning Council for the 2016-2019... [Read More]
Turkey Introduces New Requirements for Derivative and Leveraged Transactions by Investment Enterprises
Turkey’s Capital Markets Board has updated a range of operational, disclosure and notification requirements for intermediary institutions and portfolio intermediary institutions. Related requirements... [Read More]
Turkish Competition Authority Considers Movie Cinemas in Sector Report
The Turkish Competition Authority has published a report on movie cinemas, outlining competition law-related conditions in different aspects of the sector, such as... [Read More]
Turkey Amends and Clarifies Collection of Public Receivables
Turkey has amended and clarified the requirements for collecting public receivables. Changes particularly apply to obtaining documents to show an overdue debt, calculating... [Read More]
New Disclosure and Operation Requirements for Investment Enterprises and Intermediary Institutions in Turkey
Turkey’s Capital Market Board (“Board”) has amended regulations for investment enterprises and intermediary institutions. Additional website information disclosures now apply for investment enterprises.... [Read More]
Turkey Introduces Rules for Social Security Institution to Purchase Medical Services
Turkey has introduced regulations outlining principles and procedures for financial arrangements between health care service providers (“Service Providers”) and the Social Security Institution... [Read More]
Turkey Will Compare Tobacco Intellectual Property Rights Against Similar Uses in Other Industries
Turkey’s Tobacco and Alcohol Market Regulatory Board (“Board”) has introduced an associability check, comparing registered names, trademarks, emblems, or logos for tobacco companies,... [Read More]
Asset and Sales Thresholds Triggering Independent Audit Requirements Have Decreased in Turkey
The value thresholds for total assets and net annual sales which trigger an obligation to obtain an independent audit have lowered in Turkey.... [Read More]
Turkey Widens Scope of Money Laundering and Terror Financing Regulations
Turkey’s Ministry of Finance has amended various aspects of the legal framework regarding money laundering, terror financing and financial crimes investigation. Amendments are... [Read More]
Turkey Updates Criteria and Scope of Competition Law Block Exemption Related to R&D Agreements
Turkey has updated and amended its block exemption for R&D agreements. R&D agreements which meet the criteria are exempt from a general legislative... [Read More]
Turkey Widens Scope of Government Incentives for Investments in Certain Industries or Regions
Turkey has widened the scope of government incentives offered for investments in certain industries. Changes to the Investment Incentive Scheme are intended to... [Read More]
Turkey Considers Removing Domestic Manufacturing Incentive for Unlicensed Electricity Generation Projects
Turkey’s Energy Market Regulatory Authority (“Authority”) has announced a proposal to remove a financial incentive for unlicensed electricity generation projects which use domestic... [Read More]
