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Protective Letters and Their Possible Alternatives Under Turkish Law
Protective letters, which are available in some European countries and before the Unified Patent Court (UPC), serve as a “first line of defense”... [Read More]
The Deadline for Crypto Asset Service Providers to Submit Their Independent Audit Reports on Information Systems to the Capital Markets Board of Türkiye Has Been Extended
The Capital Markets Board of Türkiye (“Board”) has extended the deadline for crypto asset service providers (“CASPs”) to submit their independent audit reports... [Read More]
Portfolio Management Companies Exempted from (Sustainability Reporting) Mandatory TSRS Implementation
According to the announcement of the Public Oversight, Accounting and Auditing Standards Authority (“POA”) dated 26 August 2025 and numbered 2025-53, portfolio management... [Read More]
Compliance Program Regulation Has Been Amended
The Regulation Amending (“Amending Regulation”) the Regulation on Program of Compliance with Obligations of Anti-Money Laundering and Combating the Financing of Terrorism (“Compliance... [Read More]
Presidential Circular Introduces Uniform Application of Speed Limits on Highways
In line with the United Nations’ target of “reducing traffic-related fatalities and serious injuries by 50% by 2030 and eliminating them completely by... [Read More]
The Communiqué Amending the Communiqué on Keeping Non-Accounting Commercial Books of Enterprises in Electronic Form Has Been Published
The Communiqué Amending the Communiqué on Keeping Non-Accounting Commercial Books of Enterprises in Electronic Form (“Amendment Communique”) was published in the Official Gazette... [Read More]
New Rules on Share Transfers in the Electricity Market
The Regulation Amending the Electricity Market Licensing Regulation (“Amendment Regulation”) was published in the Official Gazette dated 25 July 2025 and numbered 32966,... [Read More]
Legislative Amendments Concerning the Mining and Energy Sectors
The Law Amending Certain Laws No. 7554 (the “Amendment Law”) was published in the Official Gazette dated 24 July 2025 and numbered 32965,... [Read More]
Digitalization Steps in Labor Law Notifications
Amendments have been made to Article 109 of the Employment Code numbered 4857 through Article 23 of the Law Amending the Law on... [Read More]
Amendments to the Law on the Protection of the Value of Turkish Currency and Various Laws as to Turkish Financial Regime under Law No. 7555
The Law numbered 7555 Amending the Law on the Protection of the Value of Turkish Currency, Other Laws, and Decree Law No. 635... [Read More]
Court of Cassation Issued a Decision Consolidating Case Law Regarding the Protection of the Rights of Persons Acting in Good Faith in the Determination of the Invalidity of a Contract or Its Retroactive Termination Following the Transfer of Real Estate Subject to a Land Share Construction Contract to the Contractor
With its decision dated 16 May 2025 and case numbered 2024/1 and decision numbered 2025/2 (“Decision”), the Grand General Assembly of the Unification... [Read More]
The Grand General Assembly of The Court of Cassation Has Ruled That Banks May Lawfully Place a Block on Retirement Pensions Based on Instructions Given in Connection with Consumer Loans
By its decision dated 21 March 2025, numbered 2022/2 E. 2025/1 K. (“Decision”), the Grand General Assembly of The Court of Cassation for... [Read More]
