6 Jul 2020
Article 25/II of the Employment Law numbered 4857 (“Employment Law”) states that employers will have the right to immediately terminate employment agreements with a valid reason and without any compensation if employees act “against moral and good faith principles”. […]
1 Jun 2020
Turkey’s Banking Regulatory and Supervisory Authority (“BRSA”) published the Regulation on Manipulation and Misleading Transactions in Financial Markets (“Regulation”) on 7 May 2020, entering into force on the same date. The Regulation sheds light on the recently introduced article […]
8 May 2020
Procedures and Principles Regarding Support of Research, Development and Innovation Activities of Electricity and Natural Gas Distribution Companies (“Principles”) set forth by the Energy Market Regulatory Authority (“EMRA”) have entered into force as of 4 April 2020. The Principles […]
7 Apr 2020
Turkey’s Ministry of Energy and Natural Resources (“Ministry”) has published Regulations related to the Acceptance of Electricity Generation and Electricity Storage Facilities (“Regulation”), entering into force on 1 April 2020. The regulation is inclusive of the principles regarding the […]
31 Jan 2020
23rd Chamber of the Supreme Court established that the statute of limitations shall be applicable as 10 years for recourse claims between the main employer and the sub-contractor under a subcontracting agreement. In the event of a valid subcontracting […]
31 Jan 2020
The Law Amending the Law on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions and Certain Other Laws (“Amendment Law”) was published in the Official Gazette numbered 30956 on 22 November 2019 and, entered into effect […]
26 Dec 2019
The Communiqué on Qualification Certificate for Environmental Impact Assessment (“Communiqué”) updating the principles and procedures, conditions, application process, and audit procedures regarding the Environmental Impact Assessment (“EIA”) qualification certificate, has entered into force on 29 November 2019. Under the […]
28 Nov 2019
The Turkish Constitutional Court has invalidated certain provisions of the Employment Law numbered 4857 (“Employment Law ”) for being against the principle of equality. The sixth paragraph of article 112 of the Employment Law prevented public institutions to recourse […]
27 Aug 2019
Turkey made amendments in the Communiqué on the Financial Reporting Principles of Investment Funds and the Communiqué on Real Estate Investment Funds, regarding the share groups and the transaction price constituting the basis for the purchase and sale of […]
27 Aug 2019
Turkey has extended the periods set forth for the connection agreements in unlicensed electricity investments, renewable energy source areas, and the Renewable Energy Resources Support Mechanism (“YEKDEM”) with the Law Number 7186 Amending Income Tax Law and Certain Other Laws (the “Omnibus Bill”). […]
