The Legal 500

Legal Developments in Turkey

• NON-DELIVERY PLEDGES OVER MOVABLES

  Law on Pledges over Movable Property in Commercial Transactions No. 6750 is published in the Official Gazette No. 29871 and dated October 28, 2016 and entered into force as of January 1, 2017. Law on Pledges over Movable Property in Commercial Transactions No. 6750 abolished the Commercial Enterprise Pledges Law No. 1447 and dated July 21, 1971 and introduced many new innovations to movable pledges. However, Commercial Enterprise Pledges Law No. 1447 will remain applicable for commercial enterprise pledges that are already established before 1 January 2017.
  - ADMD Law Office

• Quarterly Update on Anti-Dumping Cases in Turkey (July 2017)

  In Turkey, the authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio , is given to the Ministry of Economy ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
  - ELIG, Attorneys-at-Law

• A Holistic Approach to the Proposed Changes to the IP Law

  I. Introduction
  - ELIG, Attorneys-at-Law

• Recent Amendments to Environmental Impact Assessment Regulation

  On 26 May 2017, the Environmental Impact Assessment Regulation has been amended to shorten the time frames for environmental impact assessment (“EIA”) process and to extend the scope of EIA requirement for solar and wind power projects.
  - Ergün Avukatlik Bürosu

• Establishment of the Natural Gas Spot Market in Turkey

  In line with the government’s objectives to make Turkey a regional hub for natural gas trading, a natural gas spot market has been established by the Natural Gas Organized Wholesale Market Regulation published in the Official Gazette on 31 March 2017.
  - Ergün Avukatlik Bürosu

• Special Audit in Joint Stock Companies

  I.         Introduction
  - ELIG, Attorneys-at-Law

• Turkey Introduces a New Regulation on Packaging in line with EU Directives

  Turkey Introduces a New Regulation on Packaging, Inserts and Tracking of Pharmaceuticals, in line with EU Directives
  - ELIG, Attorneys-at-Law

• DOJ Publishes New Evaluation Questionnaire on Compliance Programs

  United States Department of Justice ("DOJ") published on its website a new guidance paper called "Evaluation of Corporate Compliance Programs" ("Evaluation") in February 2017. The Evaluation provides insight into how the DOJ evaluates compliance programs by setting forth the questions DOJ frequently uses when deciding on fine mitigation or entering into a plea agreements.
  - ELIG, Attorneys-at-Law

• Draft Amendments to the License-Exempt Electricity Generation Legislation

  On 27 January 2017, the Turkish Energy Market Regulatory Authority (“EMRA ”) published draft amendments to the license-exempt electricity generation legislation (“Draft Legislation ”) on its website for opinions and comments of the public.
  - Ergün Avukatlik Bürosu

• Implementation Regulations of the Movable Pledge Law

  The Regulations implementing the recent Movable Pledge Law (“Movable Pledge Law ” or “Law “), namely the Regulation on the Perfection and Enforcement of Movable Pledge in Commercial Transactions , the Regulation on the Movable Pledge Registry , and the Regulation on the Valuation of Movable Assets in Commercial Transactions (collectively, the “Regulations “), have been issued and become effective as from January 1, 2017. As stated in our previous client alert , the Law was not clear on certain aspects, which were expected to be clarified in the Regulations.
  - Ergün Avukatlik Bürosu