PUBLICATIONS

ICTA ANNOUNCED ADVERTISEMENT BAN ON PINTEREST, TWITTER AND PERISCOPE

Details of Valuable Residential Real Property Tax Revealed

Amendments made to the bearer share regime of non-public companies

The Law No. 7262 on Preventing the Financing of Proliferation of Weapons of Mass Destruction (“Law No. 7262”) was published in the Official Gazette dated December 31, 2020 and numbered 31351, in order to implement the United Nations Security Council’s decisions regarding the prevention of proliferation of financing of weapons of mass destruction.

The entry into force of the ICC 2021 Rules

As of 1 January 2021, the new rules of the International Chamber of Commerce (“ICC”) have entered into force regarding the conduct of arbitration and case management for the arbitral proceedings submitted to the ICC rules.

NEW COMMUNIQUE ON THE INTEREST FREE BANKING IN TURKEY

On 14 September 2019, Banking Regulation and Supervision Agency has issued the Communiqué on Compliance with the Principles and Standards of Interest Free Banking, whose purpose is to set forth the principles and procedures of the “interest free banking” for the participation banks, development and investment banks providing finance in Turkey (the “Communique”).