Banka Ve Finans Çeyreklik Bülteni

The information relating to Turkiye is provided for background purposes only. The information presented herein has been extracted from and is presented on the authority of various public official documents and private publications.

A Communique published in the Official Gazette No. 31814 dated 19 April 2022 ("Amendment"), has amended the Communique on Decision No. 32 on the Protection of the Value of Turkish Currency...

The Republic of Türkiye's Ministry of Treasury and Finance published amendments to Communiqué No. 2008-32/34 ("Communiqué") regarding Decree No. 32...

The Capital Markets Board of Türkiye has introduced comprehensive regulatory reforms affecting hedge funds and portfolio management companies, implementing new investment diversification requirements, graduated ownership caps based on free-float ratios, enhanced capital adequacy standards, and stricter personnel qualifications. These changes, effective from August 2026, establish tiered compliance deadlines and fundamentally reshape the operational framework for Turkish portfolio managers.

The Capital Markets Board of Turkey has introduced a new framework for calculating shares in actual circulation for companies listed on Borsa İstanbul's Equity Market, fundamentally changing how free float ratios are determined. The updated regulations establish comprehensive exclusion criteria for certain shareholdings and introduce a novel approach that accounts for indirect shareholdings through hedge funds and other publicly traded entities. This regulatory shift requires monthly reporting obligati

As is known, Turkish Lira has lost about a quarter of its value against the dollar just between August 8, 2018 and August 13, 2018.

With the Presidential Decision numbered 5752 published under the Official Gazette dated June 28, 2022 and numbered 31880 ("Decision"), the period of the withholding deduction applied...

The obliged parties failing to comply with any obligation shall be punished with an administrative fine or sentenced to imprisonment subject to the type of failure.

The Presidential Decree, amending Decree No. 32 on the Protection of the Value of Turkish Currency ...

Pursuant to the announcement made in accordance with the decision no. 11/417 published in the bulletin of the Capital Markets Board of Turkey dated 01.03.2026 and numbered 2026/11, certain temporary measures have been introduced in order to preserve market stability.

The Law No. 7464 on the Rental of Residential Properties for Tourism Purposes and Amendments to Certain Laws1 provided the short-term rental of residential properties for tourism purposes in Türkiye with a legal framework.

Mersis is an electronic trade registry, which is highly popular and a significant e-portal for attorneys and companies.

The Cyber Security Law ("Law"), which determines strategies to protect cyber assets in Türkiye against cyber-attacks and strengthens cyber security through centralized supervision...

The Regulation on Environmental Permit and License is published on the Official Gazette dated 10 September 2014 and numbered 29115.

We are pleased to share our latest article, “German Special Fund for Infrastructure and Climate Neutrality: Opportunities for Turkish Companies”, jointly prepared by the Hergüner and Taylor Wessing teams.

The amendment of the Enforcement and Bankruptcy Law No. 2004 ("Previous Law"), which has been in force since 1932 and has undergone partial changes from time to time to meet evolving needs...

For the most part, the Turkish Labor Law governs legal aspects of the employer-employee relationship in Turkey. This code defines employers as real persons, legal entities, or institutions or establishments with no legal personality which employ people.

Hergüner ekibi tarafından hazırlanan Enerji, Altyapı ve ÇSY Bülteni’nin yeni sayısı yayında!

With the number of increasing tourists expected to visit Turkey in the near future, the increasing number of airlines offering domestic scheduled flights, and the effects of a growing Turkish economy resulting in an increasing demand for air cargo transportation, the need for aircrafts in Turkey is on the rise. Currently, there are 17 licensed airlines with a total number of 212 aircraft (17 of which are for cargo transportation) and 49 licensed air taxi operators registered in Turkey. For airli

The Turkish Competition Board amended Communiqué No: 2010/4 Concerning Mergers and Acquisitions Calling for the Authorization of the Competition Board as of February 1st 2013.