6 Dec 2018
For accounting periods beginning 1 January 2020 onwards, Turkey will apply the Conceptual Framework for Financial Reporting (“New Framework”) as revised by the International Accounting Standards Board. Changes apply to measurement, presentation and disclosure, as well as recognition and […]
6 Dec 2018
Turkey has introduced new regulations for procurement of licensed or unlicensed drugs (which are not available in the Turkish market), plain packaging rules for tobacco, as well as a new requirement to obtain permission for food-related health declarations. The […]
6 Dec 2018
Turkey has announced a voluntary environmental label scheme, to promote products with reduced environmental impacts, as well as provide consumers with accurate and science-based information. The Environmental Label Regulation (“Regulation”) was published in Official Gazette number 30270 on 19 […]
6 Dec 2018
Turkey has introduced new rules for producing, marketing, on-site maintenance and sustainably using seeds. The new regime aims to prevent genetic erosion for local varieties of field crops, vineyard/garden plants and other plant varieties. The new rules outline procedures […]
6 Dec 2018
Turkey’s Capital Markets Board recently announced new rules for Trade Repositories, including new obligations, activity principles, as well as new rules for membership, operation and audit (more). A new communiqué introduced further new rules for the Notification of Transactions […]
6 Dec 2018
Turkey’s Capital Markets Board has amended its rules for material events to address needs which have arisen in practice. Notably, the obligation to make a public disclosure if shares exceed or fall below certain thresholds has changed, so that […]
6 Dec 2018
Turkey has announced new rules for its recent restrictions on foreign currency agreements, as well as extended the scope of certain exemptions (more). The latest exemptions mainly apply to sales and rental of real estate or heavy machinery. According […]
