27 Apr 2022
On 18 April 2021, the Cryptocurrency exchange platform Thodex went offline, shaking Turkey with its first large-scale cryptocurrency fraudulent case and causing the loss of around $2-billion worth of crypto-coin belonging to cryptocurrency investors. Cryptocurrencies are still unregulated in […]
15 Apr 2022
The Regulation on the Procedure for Sales to be Made in the Electronic Environment pursuant to the Enforcement and Bankruptcy Law, and the Regulation Amending the Enforcement and Bankruptcy Law Regulation (“Regulations”) were published in Official Gazette dated 8 […]
11 Mar 2022
The Decision Regarding the Import of the “Fancoil” Product Entered into Force It has been decided to launch an investigation by the Ministry of Commerce, General Directorate of Import, regarding the import of “only certain room type hot and […]
11 Mar 2022
The Regulation on Assets, Rights or Receivables Inquiry through the National Judiciary Informatics System (“Regulation”) was published in Official Gazette dated 22 January 2022 and numbered 31727 and entered into effect on the same day. With the Regulation, procedures […]
1 Feb 2022
Regulation on Internal Systems in Insurance and Private Pension Sectors (“Regulation”) has been introduced in Official Gazette dated 25 November 2021 and numbered 31670. The Regulation aims to regulate the procedures and principles regarding the internal control, risk management, […]
22 Nov 2021
Safeguard Investigation Started in Grinding Balls and Goods for Grinding Based upon decision of the Board of Evaluation of Safeguard in Import, investigation started for the import of “grinding balls and similar goods for grinding” and “grinding balls and […]
30 Sep 2021
Dumping Measures for Malaysian and Jordan Coagulated Artificial Leather Have Been Taken Based upon investigative findings of the Board for Evaluation of Unfair Competition in Imports, measures implemented to counter dumping of “Only non-woven fabrics with a weight of […]
30 Sep 2021
In decision numbered 2018/12722, dated 30 June 2021, the Turkish Constitutional Court ruled that a successive and aggravated administrative fine violated article 35 of the Constitution of the Republic of Turkey because notice of the initial fine was not […]
23 Aug 2021
Efficiency of process Turkey’s judicial system has been subject to continuous reforms to enhance its efficiency. The reforms have brought, among others, significant technological and structural novelties. In particular, following the global trend which has arisen upon the appearance […]
17 Aug 2021
The Law numbered 7327 on the Amendments to the Code of Enforcement and Bankruptcy and Certain Laws (“Amendment Law”) was published in the Official Gazette dated 19 June 2021 and numbered 31516, and entered into effect on the same […]
