16 Nov 2017
In Turkey, employees of social security institutions are entitled to receive retirement bonuses after working for certain periods. The Constitutional Court recently ruled that the loss in value caused by inflation between the date an employee is entitled to […]
9 Nov 2017
Turkey has updated secondary legislation to reflect changes which were made in 2014 and 2016 to the paid leave provisions of Labour Law number 4857. The changes apply to employee entitlements to take leave in parts, as well as […]
2 Nov 2017
Turkey has now adopted the Council of Europe Convention on the Counterfeiting of Medical Products and Similar Crimes Involving Threats to Public Health (“Convention”) into local legislation (more). The Convention criminalizes certain acts, protects victims’ rights, as well as […]
26 Oct 2017
Turkey has published a Guideline for the Turkish Food Codex Labelling and Informing Consumers Regulation (“Guideline”), released in January 2017 (more). The Guideline outlines rules and limitations for information contained on food packaging, including minimum standards. The rules support […]
19 Oct 2017
Turkey’s Tobacco and Alcohol Market Regulatory Authority has announced a series of changes which collectively support competition among alcohol brands, for sellers of open alcoholic beverages. The changes include new requirements for sellers to stock multiple products within the […]
12 Oct 2017
Turkey has introduced a new Financial Reporting Standard for Large and Medium-Sized Companies (“New Standard”), relevant to entities which are currently subject to independent audit, but are exempt from applying the Turkish Financial Reporting Standards. The New Standard will […]
5 Oct 2017
The Turkey Promotion Group (“Promotion Group”) has been established under the Turkish Exporters’ Assembly, aiming to unify all activities to promote the country and its products among global markets. The Promotion Group replaces a range of sector-based promotion groups, […]
28 Sep 2017
Turkey’s Ministry of Energy and Natural Resources (“Ministry”) has announced principles for organizing the National Mineral Resource and Reserve Reporting Commission (“Commission”), including principles for selecting members, as well as their respective duties. Among other things, the Commission is […]
21 Sep 2017
The Consumer Arbitration Committee (“Committee”) considers and make decisions on consumer conflicts worth up to 3,610 Turkish Lira. From 11 August 2017, applicants the Committee are no longer required to submit a signed copy of their application within fifteen […]
14 Sep 2017
Turkey’s Ministry of Economy has updated secondary legislation to increase the lower and upper limits for administrative fines which are applied for supplying and distributing unsafe products to the market. The revised thresholds involve significant increases particularly for suppliers […]
