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Portfolio Management Companies Exempted from (Sustainability Reporting) Mandatory TSRS Implementation

19 Sep 2025

According to the announcement of the Public Oversight, Accounting and Auditing Standards Authority (“POA”) dated 26 August 2025 and numbered 2025-53, portfolio management companies have been exempted from the mandatory sustainability reporting obligations under the Turkish Sustainability Reporting Standards […]

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The Communiqué Amending the Communiqué on Keeping Non-Accounting Commercial Books of Enterprises in Electronic Form Has Been Published

19 Sep 2025

The Communiqué Amending the Communiqué on Keeping Non-Accounting Commercial Books of Enterprises in Electronic Form (“Amendment Communique”) was published in the Official Gazette dated 14 August 2025 and numbered 32986, and entered into force as of its publication date. […]

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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

19 Sep 2025

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 of Judgments of the Court of Cassation (“Court of Cassation GGUJ”) rendered a unification of judgments […]

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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

19 Sep 2025

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 The Case Law Unification Committee (“Court of Cassation Case Law Unification Committee”)  held that a bank’s […]

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The Procedures and Principles Regarding the Scope of Application of the Türkiye Sustainability Reporting Standards Have Been Published

19 Sep 2025

The Board Decision of the Public Oversight, Accounting and Auditing Standards Authority on the Publication of the Procedures and Principles Regarding the Scope of Application of the Türkiye Sustainability Reporting Standards (“TSRS”) was published in the Official Gazette dated […]

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