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Turkey Introduces Disclosure and Audit Obligations for Foreign Exchange Loans Exceeding $15 Million
Companies in Turkey must now make information disclosures to the Central Bank when their foreign currency loans and foreign exchange loans (either from... [Read More]
Turkish Constitutional Court Rules on Freedom of Press and Expression for Online News
The Turkish Constitutional Court recently ruled that blocking access to certain articles and columns on an online aviation news site infringed the website... [Read More]
Turkey Announces Further Rules for Voluntary Green Certification Scheme for Buildings
Turkey has published further rules for acquiring a “green certificate” for buildings. The latest developments address establishment of evaluation bodies and documentation systems.... [Read More]
Turkey Introduces New Fee Waivers and Discounts for Mining Activities
Turkey has introduced new fee waivers and discounts for mining activities, available during the first five or ten years of a mine’s operation.... [Read More]
Turkey Increases Administrative Fines for 2018 for Energy Sector
Turkey’s Energy Market Regulatory Authority (“Authority”) has increased administrative fines related to electricity, natural gas, oil and LPG by 14.47% from 1 January... [Read More]
Turkey Revises Restrictions on Foreign Currency Loans
Turkish residents with no foreign currency income are generally prohibited from making foreign currency loans, either from abroad or from within Turkey. However,... [Read More]
The Role and Benefits of Injunctions in Turkish Intellectual Property Law
We are connected to the whole world with simply the click of a button. In moments a trade secret can become public knowledge,... [Read More]
Turkey Announces National Broadband Strategy and Action Plan for 2017 to 2020
Turkey’s High Planning Council has announced the National Broadband Strategy and Action Plan for 2017 to 2020 (“Plan”). The Plan outlines three strategic... [Read More]
Turkey Adjusts Calculation Method for Motor Vehicle Tax
For vehicles registered after 31 December 2017, Turkey will now also consider the vehicle’s value when calculating its annual motor vehicle tax amount.... [Read More]
Turkey’s Capital Markets Board Announces Rules for Managing and Auditing Information Systems
Turkey’s Capital Markets Board has announced rules for managing and auditing information systems. Among other entities, the new regime applies to publicly held... [Read More]
Turkey Overhauls Natural Gas Certification Regime
Turkey’s Energy Market Regulatory Authority (“Authority”) has overhauled rules for natural gas certificates and related processes. Changes apply to rules for authorisation certificates,... [Read More]
Turkey Announces Rules for Use of Fluorinated Greenhouse Gases Listed in Kyoto Protocol
Turkey has introduced procedures and principles for use of fluorinated greenhouse gases, supporting the fight against climate change. The new regime addresses fluorinated... [Read More]
