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The Capital Markets Board of Turkey (the "CMB") has revised corporate governance principles with a view to strengthen governance practices of ISE listed companies by taking into account recent developments in local and international markets.

Most of the family corporations, which play an important role in the trade life, cannot institutionalize because of the multiple shareholding structures, showing emotional approach instead of the corporate approach...

The new Banking Law, enacted in the last quarter of 2005, sets forth significant provisions regarding corporate governance and is the first Turkish law to include specific references to corporate governance principles. The pending drafts of the new Turkish Commercial Code and the new Capital Markets Law also contain provisions related to corporate governance, but are yet to be enacted.

The Capital Markets Board (the "CMB") has adopted the Communiqué Series IV, No. 56 (the "Communiqué") on 30 December 2011 as a result of which (i) it has announced a new set of corporate governance rules ("CGR") that are attached to the Communiqué, introducing certain material changes in relation to the composition of boards of directors (a "Board") and the duties of independent Board members and (ii) it changed the nature of some of these corporate governance rules that had been issued previous

The Communiqué on Corporate Governance II No:17.1 was published in the Official Gazette dated 03.01.2014 and numbered 28871.

Today, with the technological advances, a new business idea appears every second in a corner of the world.

Corporate governance principles are set of rules and practices introduced as preventive measures pursuant to corruptions and bankruptcies of publicly held companies occurred in 1980s...

In the event that the shares or voting rights of a publicly traded company are acquired in a way that changes the control of the partnership, the acquirer is obliged to make a share purchase offer...

Revision of the Regulation on Shopping Centers in Turkey is newly made.

In recent years, ESG (Environmental, Social, Governance) principles have evolved into significant normative standards that appear—either explicitly or implicitly—within the content of commercial contracts.

Corporate governance principles came into effect through the Turkish Commercial Code No. 6102.

Articles between 445 and 451 of the new Turkish Commercial Code No. 6102 regulate annulment and nullity of shareholders’ general assembly resolutions.

This article is intended to provide general information on the duties and obligations of shareholders and managers in a limited liability company and the actions that can be taken by the company and/or the shareholders...

Radical steps have long been taken in the Turkish commercial landscape to increase transparency, reduce bureaucratic hurdles, and integrate digital transformation with corporate governance principles. The Turkish Commercial Code No. 6102 (TCC) historically regulated the maintenance, notary certification, and retention of corporate books within a traditional, physical framework.

With the Communiqué on Keeping Commercial Books Not Related to the Accounting of the Business in Electronic Form ("Communiqué"), published in the Official Gazette dated 14 February 2025 and numbered 32813...

In Türkiye, obtaining a Business Opening and Operating License constitutes the primary prerequisite and foundational milestone for any commercial, industrial, or professional undertaking. The legal basis of this regulatory regime is grounded in Law No. 3572 on the Adoption of the Decree Law on Workplace Opening and Operating Licenses, Municipality Law No. 5393, Metropolitan Municipality Law No. 5216, and the secondary Regulation on Business Opening and Operating Licenses.

A general rule for executing a related party transaction is determined under Art. 17/3 of the Capital Markets Law No. 6362.

The Code on the Prevention of Financing of the Proliferation of Weapons of Mass Destruction No: 7262 published in the Official Gazette dated 31 December 2020 and numbered 31351...