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Turkey Reduces Weight Threshold Where Imports Become Exempt From Surveillance Measures
Turkey’s Ministry of Economy has reduced the weight threshold for imports to be exempt from surveillance measures. Accordingly, the exemption threshold for goods... [Read More]
Turkey Amends Calculation Method for Retail Energy Sale Prices
Turkey has amended procedures and principles for calculating electricity retail prices. The nature of costs taken into account when calculating the retail sale... [Read More]
Turkey Introduces Additional Condition for Determining Market Abuse
Turkey’s Capital Markets Board (“Board”) has introduced an extra condition for actions which will be deemed to constitute market abuse. Accordingly, the perpetrator... [Read More]
Turkey Announces Procedures and Principles for Natural Gas Distribution Investments
Turkey’s Energy Market Regulatory Authority has introduced principles for natural gas distribution license holders to determine tariffs, identify investments deemed to be network... [Read More]
Turkey Raises Threshold for Banks to Provide Loans Without Statements of Account
From 1 January 2017, banks in Turkey are not required to obtain statements of accounts for loans up to one million Turkish Lira.... [Read More]
Turkey Establishes Trade Facilitation Board to Support WTO Agreement
Turkey has established a local Trade Facilitation Board (“Board”) for local coordination and facilitation of the World Trade Organization Trade Facilitation Agreement (“Agreement”),... [Read More]
Turkey Announces 2017 Fees Notification and Rogatory Requests Outside Turkey
Turkey’s Ministry of Justice announced increased 2017 fees for notification and rogatory requests outside of Turkey, as well as fees for serving notifications... [Read More]
Turkey Introduces Pricing Method for First Year of Easement and Usufruct Rights over Treasury-owned Property
A pricing method has been introduced in Turkey for the first year of easement and usufruct rights over Treasury-owned real property. The method... [Read More]
Turkey Amends Calculations for Electricity Distribution System Revenues
Turkey’s Energy Market Regulatory Authority has amended procedures and principles for determining electricity distribution system revenues. Changes apply to categorization of certain factors... [Read More]
Turkey Continues Capital Markets Reforms, Updating Rules and Processes for Material Events Disclosures
Turkey’s Capital Markets Board (“Board”) has introduced new thresholds, scope of information and processes for disclosing material events, as well as amended announcement... [Read More]
Turkey Announces Process for Delivering Natural Gas to Populations over 20,000, Located Outside Scope of Current Distribution Licenses
Turkey’s Energy Markets Regulatory Authority (“Authority”) has determined procedures and principles for investments necessary to deliver natural gas to areas with populations over... [Read More]
LPG License Amendment Fees No Longer Apply in Turkey for Changes to Lots, Sections and Parcels
LPG license amendment fees will no longer apply in Turkey for address changes to lots, sections and parcels. Address changes due to the... [Read More]
