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Turkish Constitutional Court: Contradictory Statements By Lower Court About Final Date of Employment Violate Right to Fair Trial
Turkey’s Constitutional Court recently considered a claim that unclear statements in a lower court’s decision about a party’s final date of employment had... [Read More]
Turkey Updates Rules for Petroleum Product Imports
Turkey’s Energy Market Regulatory Authority (“Authority”) has introduced changes to official names, types and Custom Tariff Statistics Position (“CTSP”) numbers, as well as... [Read More]
Turkey Updates Support Scheme for Trademark and Promotion Activities of Foreign Entities of Turkish Companies
Turkey has updated the financial support scheme which is available to the foreign entities of Turkish companies. The scheme offers support packages for... [Read More]
Turkish Treasury’s Shares in Public Companies Transferred to Sovereign Wealth Fund
Certain public companies owned and partially owned by the Turkish Treasury have been transferred to the recently established Sovereign Wealth Fund (more). In... [Read More]
Turkey Amends Requirements for Merger Control Review
Turkey has changed merger control requirements for mergers and acquisitions. Changes introduce new circumstances when parties can notify the Competition Board (“Board”) after... [Read More]
Turkey Announces 2017 Arrangements for Natural Gas Connection and Service Fees
Turkey’s Energy Market Regulatory Board (“Board”) has announced procedures and principles for natural gas connection and service fees, as well as maximum connection... [Read More]
Turkey Increases Monetary Caps for Consumer Arbitration Boards and Increases Fines for 2017
Turkey’s Ministry of Customs and Trade (“Ministry”) has increased the monetary limits for disputes which can be bought to consumer arbitration boards. Administrative... [Read More]
Turkey Amends Rules for Electricity Consumer Tariffs
Turkey has amended legislative arrangements for electricity consumer tariffs. Changes apply to pricing methods for consumers to use electricity distribution systems, expanded definitions... [Read More]
Turkey Increases Administrative Fines Under Energy Legislation 3.83% for 2017
Turkey has increased administrative fines relating to electricity, natural gas, petroleum and liquefied petroleum gas by 3.83% for 2017. The revised rates will... [Read More]
Turkey Announces Principles and Procedures for Companies Under Trusteeship of the Savings Deposit Insurance Fund Due to Alleged Terror Links
Turkey’s Deputy Prime Ministry has announced procedures and principles for management, sale, termination and liquidation of companies which are under the trusteeship of... [Read More]
Turkey Updates Processes for Changing Electricity Suppliers and Increases Scope of Information Stored in Central Database
In Turkey, electricity consumers are only entitled to choose their electricity suppliers if their energy consumption at the location exceeds a certain threshold... [Read More]
Turkey Increases Lower Limit for Fines Relating to Competition Law Infringements 3.83% for 2017
The lower limit for Administrative Fines under the Law on the Protection of Competition number 4054 has increased by 3.83% for 2017, from... [Read More]
