10 May 2023
1. Fintech Market 1.1 Evolution of the Fintech Market The Turkish fintech market has a significant number of participants of various sizes. Competitiveness notwithstanding, market players tend to co-operate with one another in keeping the marketplace fair. Consumers demand […]
9 May 2023
In the decision numbered 2023/134 published by the Personal Data Protection Board (“Board”) on March 1, 2023, an administrative fine was imposed on the Tiktok application on the grounds that it violated the provisions of obtaining and processing personal […]
9 May 2023
With the Regulation on the Amendment of the Regulation on Licensing, Operation and Supervision of Authorized Classifiers published in the Official Gazette dated 18 March 2023 and numbered 32136; Article 16 of the Regulation on Licensing, Operation and Supervision […]
3 May 2023
Preface This guidelines, which we have published since the fifth year of the Law of Protection of Personal Data No 6698, we are glad to be presenting our third guideline, in relation to compliance processes under the Law of […]
27 Apr 2023
1. DEVELOPMENT OF M&A TRENDS IN TECHNOLOGY COMPANIES IN RECENT YEARS IN TÜRKIYE a) Overview: Technology start-ups in Türkiye have been around since the 1980s with e-mail and internet provider companies. However, it took several decades for the market to […]
26 Apr 2023
I. PAYMENT SYSTEMS, DIGITAL BANKING AND CRYPTO ASSETS 1. General Banking and payment systems are heavily regulated in Turkish Law. Banking Law No. 5411 (“Banking Law”) is the main legal document that regulates banking sector; and, the payment systems […]
17 Apr 2023
1. Does an employer need a reason to lawfully terminate an employment relationship? If so, state what reasons are lawful in your jurisdiction? The ways of the employer’s right to lawfully terminate an employment relationship are divided into two […]
6 Apr 2023
The Communiqué on the Import Inspection of Radio Equipment (Product Safety and Inspection: 2023/8) (“Radio Import Communiqué”) and Communiqué on the Import Inspection Regarding Certain Products Required to Have the “CE” Mark (Product Safety and Inspection: 2023/9) (“CE Communiqué”), […]
6 Apr 2023
The monetary thresholds that determine the additional obligations that Electronic Commerce Intermediary Service Providers(“ECISP”) and Electronic Commerce Service Providers(“ECSP“) will be subject to depending on their net transaction volume specified in Additional Articles 2, 3 and 4 of the […]
6 Apr 2023
With the Amendments to the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (“Amended Regulation”) published in the Official Gazette dated 28 February 2023 and numbered 32118, the final compliance date of fulfillment of the […]
