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Capital Markets Board of Turkey Amends the Communiqué on Principles of Venture Capital Investment Funds
Capital Markets Board of Turkey has made amendments on several issues regarding venture capital funds, including new rules on activities of fund, representation... [Read More]
Personal Data Protection Authority Imposed Administrative Fines Against the Association Sending Advertising SMS
On 6 November 2020, Turkey’s Personal Data Protection Authority published a summary of a decision dated 10 September 2020 and numbered 2020/791 on... [Read More]
The Law on Restructuring of Certain Receivables and Amending Certain Laws Is Published
The Law on Restructuring of Certain Receivables and Amendment of Certain Laws (“Law”) was published in the Official Gazette dated 17 November 2020... [Read More]
Turkish Constitutional Court Annulled Article 81/13 of Law on Intellectual and Artistic Works, the Joiner of Offences Rule on Breach of Banderole Liability Crime
Pursuant to Law numbered 5846 on Intellectual and Artistic Works (“Law“) reproduced copies of musical and cinematographic works and non-periodical publications should bear... [Read More]
Guideline on Non-clinical Evaluation of Vaccines for Human Use has been Published
On 6 October 2020, Turkish Medicines and Medical Devices Agency (“Agency”) has published “Guideline on Non-clinical Evaluation of Vaccines for Human Use” (“Guideline”).... [Read More]
WIPO Launches “WIPO Lex-Judgments” Database
Legal regulations and judicial practices are in a continuous transformation in order to meet the needs arising from new technological developments. Juridical authorities... [Read More]
Additional Six Months has been granted to Benefit from the Renewable Energy Resources Support Mechanism
Commissioning deadline for production facilities to able to benefit from the Renewable Energy Resources Support Mechanism (“YEKDEM”) has been extended to 30 June... [Read More]
Companies and Branches within the scope of the Foreign Direct Investment Law are Required to Obtain Registered Electronic Mail Account
Several amendments were introduced on the Implementation Regulation on Direct Foreign Investments Law (the “Regulation”) on 16 October 2020. The companies and branches... [Read More]
Principles and Procedures Applying to Taxpayers Detected with High Risk of Forging Documents have been Published
Pursuant to article 160/A of the Tax Procedure Law (“Law number 213”) taxpayers who are determined by the relevant departments of the Ministry... [Read More]
Amendments to the Financial Reporting of Investment Funds
Capital Markets Board of Turkey (“CMB“) has published the Communiqué Amending the Principles Regarding Principles on Financial Reporting on Investment Funds (“Amendment Communiqué“),... [Read More]
Amendments to the Shareholders’ Meeting Procedures of Joint Stock Companies
Significant changes to shareholders’ meeting procedures and principles on the attendance of a representative of Ministry of Trade have been introduced. Whereas; Requirement... [Read More]
Amendments in Communiqué on Principles Regarding Real Estate Investment Companies
Capital Markets Board of Turkey (“CMB“) has published the Communiqué Amending the Principles Regarding Real Estate Investment Companies (“Amendment Communiqué“) the Official Gazette... [Read More]