Crypto Asset Platform Establishment

The Capital Markets Board of Türkiye (CMB) has unveiled a significant regulatory framework for crypto asset trading platforms, setting the stage for a new era of compliance in Türkiye. Published in its bulletin dated 8 August 8 2024 (the Resolution), this new framework introduces...

Personal Data Processing Requirement

The Personal Data Protection Authority (“Authority”) published the Information Note on the Personal Data Processing Requirements When Processing Is Provided for by the Laws (“Information Note”) on 05/08/2024.

TCC Amendments Client Alert

The Turkish Parliament recently approved significant amendments to the Turkish Commercial Code No. 6102 (“TCC”). These amendments, published in the Official Gazette on May 29, 2024, under Law No. 7511 (“Amendment Law”)

2024/7 Sayılı Cumhurbaşkanlığı Genelgesi

Tasarruf Tedbirleri ile İlgili 2024/7 Sayılı Cumhurbaşkanlığı Genelgesi (“Genelge”) 17 Mayıs 2024 tarihinde 32549 sayılı Resmî Gazete’de yayınlanmıştır ve 17 Mayıs 2024 (“Yürürlük Tarihi”) tarihinde yürürlüğe girmiştir. Genelge ile, kamu hizmetleri ve yatırım projelerinin bütçe...

A Summary of Türkiye’s Sanctions against Israel: Uncertainty

The Republic of Türkiye banned the export of 54 product groups (determined according to the possibility of being used for military purposes) to Israel with a declaration published on the website of the Ministry of Trade (“Ministry”) on April 9, 2024

Türkiye’nin İsrail’e Uyguladığı Yaptırımın Özeti: Belirsizlik

Türkiye Cumhuriyeti, Birleşmiş Milletler Güvenlik Konseyi ve Uluslararası Adalet Divanı’nın bağlayıcı kararlarının yerine getirilmemesi nedeniyle ilk aşama olarak 9 Nisan 2024’te Ticaret Bakanlığı’nın (“Bakanlık”) internet sitesinde yayınladığı bir bildiri ile (askeri amaçlarla...

New Developments in Renewable Energy

The Law amending, among other things, the Electricity Market Law No: 6446 and the Coastal Law No: 3621, is published in the Official Gazette on May 11, 2024. The amendments introduce new opportunities for the potential investors in renewable energy, as well as, new prospects for...