25 May 2017
Turkey’s Public Oversight Accounting and Auditing Standards Authority has revised certain rules for independent auditors. Changes involve new responsibilities to address and evaluate key issues in audit reports, as well as revised obligations for auditors when agreeing audit terms […]
18 May 2017
Turkey’s Constitutional Court recently ruled that a property owner’s constitutional rights were violated by a failure to ensure a balance between public interests and the individual’s property ownership rights. The applicant owned an office on a street which the […]
11 May 2017
The Turkish Court of Cassation recently upheld a 1948 decision to the effect that parties cannot amend their pleadings after the first-degree court’s decision is reversed by a higher court. The General Assembly on the Unification of Judgements of […]
4 May 2017
Turkey has updated the regulatory regime for waste management. A temporary storage permit is now required if more than 1,000 kilograms of hazardous waste is produced per month. Other changes apply to license application procedures, introduce new definitions, as […]
27 Apr 2017
Turkey’s Court of Cassation recently held that the Consumer Court is the appropriate forum for a lawsuit filed by a consumer against a bank, seeking compensation for damages arising from the bank’s competition law violation. The dispute arose from […]
20 Apr 2017
Turkey has made significant changes to rules for Free Trade Zones. From 24 February 2017, land and facilities located in these areas will be subject to urgent expropriation. Changes also apply to a salary tax exemption for employees at […]
13 Apr 2017
Turkey’s Court of Cassation recently ruled that a company’s creditor is entitled to send an attachment notice to a company shareholder since the shareholder is deemed to be a third party relative to the company. The court held that […]
6 Apr 2017
Turkey’s Capital Market Board (“Board”) has continued amendments for real estate matters (more), now focusing on real estate certificates. Changes apply to rights and obligations for both issuers and holders of such certificates. A two-year fee waiver is introduced […]
