Client Alerts

Correction Announcements Regarding the Tender of Samsun and Denizli Healthcare Campuses

The announcements published in the Official Gazette on 4 April 2018 for tenders to be made among...

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Announcement Regarding the Tender of Samsun and Denizli Healthcare Campuses

Two announcements were published in the Official Gazette on 4 April 2018 for tenders to be made among...

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Turkey Amends Multiple Codes to Improve the Investment Climate

The work of the Coordination Board for Improving the Investment Climate ("CBIIC"), which has been active since...

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Announcement Regarding the Tender of Ordu Healthcare Campus

An announcement was published in the Official Gazette on 19 March 2018 for a tender to be made among predetermined bidders...

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Turkey Amends Multiple Codes for the Facilitation of Investment

The Turkish Grand National Assembly passed the Code Amending Certain Codes for the Purpose of Ameliorating the...

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Regulation On Electricity Market Capacity Mechanism

In recent years, the owners of natural gas-fired electricity generation facilities have been undergoing financial difficulties due to ever-increasing natural gas prices and the relatively low sales prices in the electricity market...

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Two New Communiqués of the CMB on the Management and Audit of Information Systems Have Entered into Force

The Capital Markets Board ("the Board") issued the Communiqué on the Management of Information Systems (VII-128.9) ("Management Communiqué") and the Communiqué on the Independent Auditing of Information Systems (III-62.2) ("Audit Communiqué")...

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Regulation on the Registration of Data Controllers

The Regulation on the Registry of Data Controllers (the "Registry Regulation"), the draft of which was submitted for public comment last week, was published in the Official Gazette on...

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Regulation Amending the Electricity Market License Regulation

The Regulation Amending the Electricity Market License Regulation ("Regulation") has been published...

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Omnibus bill amends real estate law

An omnibus bill called the Code Amending Some Tax Codes and Some Other Codes No. 7061("Code") was enacted and published in the Official Gazette on 5 December 2017...

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Turkey Passes Crowdfunding Legislation

Turkey recently passed legislation to regulate crowdfunding, aimed at bringing together small investors to fund primarily idea-based projects...

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New Law on Labor Courts Enacted, Substantially Changing Turkish Labor Law Procedure

The new Law on Labor Courts ("Law No.7036") was enacted on 25 October 2017, replacing the former one issued in 1950...

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Announcement regarding the Tender of Aydın Healthcare Campus

An announcement was published in the Official Gazette on 27 September 2017 for a tender to be made among predetermined bidders for the construction and lease of a healthcare campus...

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New mining regulation is enacted

The new Mining Operations Implementation Regulation ("Mining Regulation") was enacted on 21 September 2017,replacing the old...

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Amendments on ICC Rules

The International Chamber of Commerce ("ICC") has amended its Arbitration Rules ("ICC Rules") effective as of 1 March 2017...

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Important changes regarding debt securities issues

After considering the matter for some time, the Capital Markets Board ("CMB") amended Debt Securities Communiqué (II.31.1) by publishing Communiqué (II-31.1a) in...

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