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Significant Amendments in the Electricity Market Legislation
The Energy Market Regulatory Authority (“EMRA”) has introduced substantial amendments to the electricity market legislation. Among these changes, notable highlights include the provision... [Read More]
The Central Bank of the Republic of Türkiye has Updated the Interest Rates to be Applied in Rediscount and Advance Transactions
The Communiqué on the determination of the interest rates to be applied in rediscount and advance transactions (“Communiqué”) issued by the Central Bank... [Read More]
Administrative Fines for Retail Trade to be Applied in 2025 Published in the Official Gazette
The Communiqué (“Communiqué”) regarding the Administrative Fines to be Applied in 2025 according to Article 18 of the Law numbered 6585 on the... [Read More]
Amendment to the Communiqué on Article 376 of the Turkish Commercial Code: Extension of Implementation Period
The Communiqué (“Amendment Communiqué”) Amending the Communiqué on the Procedures and Principles Regarding the Application of Article 376 of the Turkish Commercial Code... [Read More]
Communiqué on the Procedures and Principles Regarding the Determination of the Market Supply, Intended Use, and Quantity of Ethyl Alcohol for Medical Purposes Has Been Published
Communiqué on the Procedures and Principles Regarding the Determination of the Market Supply, Intended Use, and Quantity of Ethyl Alcohol for Medical Purposes... [Read More]
Monetary Limits for Consumer Arbitration Committee Has Been Updated
Within the scope of Law No. 6502, the monetary limits applicable to consumer disputes have been revised and increased in accordance with the... [Read More]
A Circular Concerning Severance Pay Has Been Issued by the Ministry of Treasury and Finance
The circular letter of the Ministry of Treasury and Finance has been issued on 06.01.2025. Accordingly, starting from 01.01.2025, the upper limit regarding... [Read More]
Administrative Fine Amounts Under the Personal Data Protection Law No. 6698
The administrative fine amounts, which are increased annually pursuant to the provisions of Article 298 of the Tax Procedure Law No. 213, were... [Read More]
The New Regulation on Administrative Fines to be Imposed for Agreements, Concerted Practices and Decisions Restricting Competition and Abuse of Dominant Position Has Been Published
The Regulation on Administrative Fines to be Imposed in case of Agreements, Concerted Practices and Decisions Restraining Competition and Abuse of Dominant Position... [Read More]
Guide on Cross-Border Transfers of Personal Data
On 2 January 2025, the Guide on Cross-Border Transfers of Personal Data (“Guide”) was published on the official website of the Personal Data... [Read More]
Minimum Wage Determination Commission’s Decision Concerning the Minimum Wage Increase in 2025 Has Been Published
The Communiqué (“Communiqué”) Regarding the Minimum Wage Determination Commission’s Decision was published in the Official Gazette dated 27.12.2024 and numbered 32765. The minimum... [Read More]
New Regulations on Classification of Goods and Services for Registering Trademarks in Türkiye Have Been Published
The latest edition of the Turkish national system for the Classification of Goods and Services for Trademark Registration was published in the Official... [Read More]