News and Publications

With the General Communiqué on Tax Procedure Law No. 565 (Communiqué) published in the Official Gazette dated September 25, 2024, and numbered 32673, the Form BA and Form BS reporting requirement for sales and purchase of goods or services […]

With the Communiqué Amending the Communiqué on the Principles Regarding Venture Capital Investment Funds (“Amendment Communiqué“) published by the Capital Markets Board (“CMB”) in the Official Gazette dated 21 September 2024 and numbered 32669, the rules concerning the scope, […]

The Regulation on Hemp Cultivation for Medicinal Active Ingredient Production and Its Control (“Regulation”), published in the Official Gazette No. 32661 on September 13, 2024, regulates the procedures and principles regarding the procedures to be applied within the scope […]

With the Regulation Amending the Electricity Market License Regulation (“Amendment Regulation”) published by the Energy Market Regulatory Authority in the Official Gazette dated 10 October 2024 and numbered 32688, the ratio subject to the approval of the Energy Market […]

The Guide on the Implementation of the Regulation on the Sale, Advertising, and Promotion of Medical Devices (“Guide”) has been updated by the Turkish Medicines and Medical Devices Agency (“TMMD”). This update, replacing Version 2, entered into force as […]

The need of a national taxonomy and related legislation to define economic activities considered sustainable was stipulated in the Twelfth Development Plan, prepared by the Presidency of Strategy and Budget of the Republic of Türkiye (“Presidency of Strategy and […]

The Competition Authority (“Authority”) published the long-awaited Draft Guidelines on Competition Violations in Labour Markets (“Draft Guidelines”) on 16.09.2024 and opened it to public opinion. We submit our summary and explanations regarding the Draft Guideline for your consideration below, […]

Cannabis (Cannabis sativa L.) is a psychoactive plant that has been used since ancient times. It contains more than 500 components and 103 identified cannabinoids. The main compounds in the plant are tetrahydrocannabinol (“THC”) and cannabidiol (“CBD”), the former […]

The Regulation on Registration of Plant Varieties (“Regulation”), published in the Official Gazette No. 32665, took effect on September 17, 2024, repealing the previous regulation (“Previous Regulation”). One of the most fundamental amendments is to allow the application processes […]

  A. Understanding TSRS: What Is It? The Türkiye Sustainability Reporting Standards (“TSRS”) aim to strengthen the commitment to the principles of transparency and accountability by enabling businesses to report their sustainability performance. TSRS are standards that require businesses […]