Türkiye’s First Climate Law Proposal Submitted to Parliament
Download PDF 28 February 2025 On 20 February 2025, Türkiye’s first comprehensive Climate Law Proposal (“Law Proposal”) marking a new era in the country’s fight against climate change was submitted to the Grand National Assembly of Türkiye (“Parliament”). We reviewed the Law Proposal’s provisions aiming to strengthen climate policies within a legal framework. Purpose and […]
The Communiqué on Keeping Commercial Books Not Related to the Accounting of the Enterprises in Electronic Medium
Download PDF 18 February 2025 The Communiqué on Keeping Commercial Books Not Related to the Accounting of the Enterprise in Electronic Medium (the “Communiqué”) was published in the Official Gazette on 14 February 2025. We have reviewed the new regulations introduced by the Communiqué concerning the electronic keeping of resolution books and share ledgers, as […]
Digital Platforms are on the Turkish Competition Board’s Radar: Meta Threads Decision
Download PDF 16 August 2024 Rapid increase in the use of digital platforms and introduction of new products brings to the agenda the applicability of various legal regulations, including competition law, to digital platforms. In this article, we review the Turkish Competition Board’s (“Board”) decision on the Threads application by Meta Platforms Inc. (“Meta”) and […]
Law Proposal Including New Regulations on the Monetary Limits for the First and Second Appeals
Download PDF 17 July 2024 On 3 July 2024, the Law Proposal on the Amendment of Certain Laws (“Proposal”), also referred to as the 9th Judicial Package, was submitted to the Grand National Assembly of Türkiye. The Proposal was approved by the Justice Commission on 12 July 2024. We analyzed the provisions of the Proposal […]
Secondary Regulations for Transferring Personal Data Abroad Have Come into Force
Download PDF 11 July 2024 The Regulation on Procedures and Principles Regarding the Transfer of Personal Data Abroad (“Regulation”) have come into force upon its promulgation in the Official Gazette dated 10 July 2024. On the same day, the Turkish Data Protection Authority (“KVKK”) published on its website the standard contract templates, application forms for […]
Amendments to the Turkish Civil Aviation Act
Download PDF 10 July 2024 The Turkish Civil Aviation Act No. 2920 (“TCAA”) has been amended to be effective as of 9 July 2024. The primary objective of these amendments is to explicitly incorporate into the TCAA the rules that are already being implemented pursuant to the Convention on International Civil Aviation (“Chicago Convention”), to […]
The First Artificial Intelligence Law Proposal in Türkiye Has Been Submitted to the Grand National Assembly
Download PDF 1 July 2024 On 24 June 2024, a brief law proposal (“Law Proposal”) containing draft regulations for artificial intelligence technology was submitted to the Grand National Assembly of Türkiye. When compared to the European Union Artificial Intelligence Act (“EU Act”), recently approved by the European Parliament, the Law Proposal is quite general in […]
Enchancing Cross Border Transactions
Amendments Regarding License-exempt Electricity Generation
Download PDF 21 May 2024 The Regulation Amending the Regulation on License-exempt Electricity Generation in the Electricity Market (the “Amendment Regulation”), the draft of which was opened for public views in recent months, entered into force on 14 May 2024. Term of Call Letters and Connection Agreement Preconditions The term for signing a connection agreement […]
Draft Law on Crypto Assets Has Been Submitted to the Turkish Parliament
Download PDF 20 May 2024 The Draft Law That Makes Certain Amendments on the Capital Markets Law No. 6362, which introduces provisions related to crypto assets and their trading activities on platforms (the “Draft Law”) was submitted to the Turkish Parliament on 16 May 2024. Principles on the Establishment and Operation of Crypto Asset Service […]