Turkish Competition Authority (“Authority”) underlined the followings with its announcement (“Announcement”) dated 8 May 2020:
Presidential Decree (“Decree”) numbered 2483 was published in the Official Gazette dated 30 April 2020 and numbered 31114 and entered into force on the same day. The Decree regulates the procedure and principles of services to be procured through tenders for the national research-development (“R&D”) projects conducted and supported by the national R&D institutions within …
In Presidential Government System, which was adopted on 9 July 2018 in Turkey, the President is entitled to issue Presidential Decrees on the matters related to executive power without the need for an enabling law. Presidential Decree, being a fundamental norm as per regulated directly under the Constitution, is a general and framework regulative transaction.
Turkish Constitutional Court: Decision to Completely Block Access to a News Site Violates Freedom of the Press
Turkish Constitutional Court ruled that the applicant’s freedom of speech and freedom of the press are violated by the decision to completely block access to the website that the applicant is representative of.
Turkey’s Ministry of Treasury and Finance has published the Regulation Amending (“Amendment Regulation”) the Regulation on Activities to be Evaluated under Insurance Services, on Insurance Contracts Concluded in favor of the Consumer and on Distance Insurance Contracts (“Regulation”) in the Official Gazette numbered 31122 and dated 9 May 2020.
Turkey’s Banking Regulatory and Supervisory Authority (“BRSA”) published the Regulation on Manipulation and Misleading Transactions in Financial Markets (“Regulation”) on 7 May 2020, entering into force on the same date. The Regulation sheds light on the recently introduced article 76/A of the Banking Law Number 5411 (“Law”), which included a brief definition of manipulation and …