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Turkey Amends Certain Tariff Calculation For Liquefied Natural Gas Storage Companies
Turkey’s Energy Market Regulatory Authority (“Authority”) has amended tariff-calculations for Liquefied Natural Gas storage companies. Amendments apply particularly to the Authority’s consideration of... [Read More]
Turkey Expands Scope of Permitted Activity for Portfolio Management Companies
Turkey’s Capital Markets Board has expanded the scope of permitted activity for portfolio management companies. With the changes, these companies can now be... [Read More]
Turkey Updates Treasury Support Scheme to Encourage Access to Finance
Turkey has updated procedures and principles for the Undersecretariat of Treasury’s (“Treasury”) activities to support financial lease companies and banks which are shareholders... [Read More]
Turkey Introduces Support Scheme for Investments Into R&D and Innovation Projects
Turkey has introduced a support scheme for investments into R&D, innovation, and high value-added projects. The scheme aims to encourage investments which support... [Read More]
Transition Period for Electricity Generation Facilities Extended in Turkey
Transition Period for Electricity Generation Facilities Extended in Turkey Turkey’s Ministry of Energy and Natural Resources has extended the transition period for acceptance... [Read More]
Turkey Announces Further Details of New Pledge and Assignment Regime
Turkey has introduced secondary legislation outlining details of major legislative changes to the pledge and assignment regime for commercial transactions. The updated legislative... [Read More]
Turkey Introduces Legislative Regime for Court Experts
Turkey has introduced a legislative regime for experts involved in judicial processes, including procedures and principles for experts’ qualifications, training, selection and supervision.... [Read More]
Turkey Announces Transition Schedule for Auto-Enrolling Employee Pension Scheme
From 1 January 2017, employers must enrol all employees into an Individual Pension System if they are under 45 year’s old and Turkish... [Read More]
Turkey Postpones Mandatory e-Invoices Until 1 July 2017
Turkey has postponed the requirement for certain taxpayers to issue e-Invoices. The requirement applies to taxpayers which exceed certain sale volumes, as well... [Read More]
Turkey Introduces New Standards for Nursing Centers for Disabled Persons
Turkey’s Ministry of Family and Social Policies (“Ministry”) has introduced comprehensive new standards for nursing centers for disabled people. Detailed regulations outline procedures... [Read More]
Turkey and Venezuela Sign Cooperation Agreement for Energy Sector
Turkey and Venezuela have signed an extensive cooperation agreement in the energy sector, aiming to develop and promote the oil, gas and petrochemical... [Read More]
Comparative Advertisements Postponed in Turkey Until January 2018
For the second time, comparative advertising has been postponed in Turkey, now becoming possible from 1 January 2018 onwards. From that date, advertisements... [Read More]
