RECENT DEVELOPMENTS REGARDING VARIOUS LEGISLATIONS
1) MOVABLE PLEDGE Article 5 of the Law No. 6750 on Movable Pledge in Commercial Transactions (“Movable Pledge Law”) has been amended with Article 24 of the Law No. 7263 on Amendment to...
Publications
ICTA ANNOUNCED ADVERTISEMENT BAN ON PINTEREST, TWITTER AND PERISCOPE
On 19 January2021, Information and Communication Technologies Authority (“ICTA”) published three decisions numbered 3769, 3768, 4202 and dated 15.01.2021 in relation to the banning of...
Details of Valuable Residential Real Property Tax Revealed
On 15 January 2021, the Turkish Ministry of Treasury and Finance published the general communique (“Communique”) regarding the newly introduced “valuable residential real property tax”,...
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...
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...