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The Turkish Commercial Code Article 428, which governs the provision of maximum representation of shareholders in the general assembly of a joint stock company, stipulates new representative appointments that are not required in the former Turkish Commercial Code No. 6762.

As known, groups of companies were not regulated under the former Turkish Commercial Code numbered 6267.

A press release issued by the European Parliament on 14 December 2023 declared that, in an effort to protect human rights and the environment...

An Omnibus Bill that entered into force September 11 has made several amendments to various laws and regulations under the Turkish Commercial Code.

The Turkish Commercial Code ("TCC") No. 6102 and the Capital Markets Law ("CML") No. 6362 regulate the right of a dominant shareholder to remove minority shareholders...

The Communiqué on Keeping Commercial Books not Related to the Accounting of the Business in Electronic Form ("Communiqué") was published in the Official Gazette numbered 32813 and dated 14.02.2025, with its effective date set as 01.07.2025.

For the first time, together with the New Turkish Commercial Code no 6102, it is possible to define the right to request the dissolution of the Joint Stock Company for just cause , being one of the most effective and important rights that has been given to minority up to date.

In our article on the power of ethical marketing in shaping consumer trends and corporate strategies, we explore the role of the European Union's Corporate Sustainability Reporting Directive...

The Directive on Responsibilities and Working Principles of Early Risk Detection Committee was prepared by the Risk Management, ...

The private pension system is regulated mainly by the Private Pension Savings and Investment System Law No. 4632, the Regulation on the Incorporation and Working Principles of Pension Companies published in the Official Gazette, dated 08.01.2008 and numbered 26750, and the Regulation on the Principles regarding the Incorporation and Operation of Pension and Investment Funds, published in the Official Gazette dated 28.02.2002 and numbered 2468.

The shareholders of public companies may either voluntarily offer to purchase the shares of the minority shareholders or they are sometimes obliged to launch mandatory tender offers.

What questions to ask and what risks to consider when entering into a new business relationship with Turkish companies.

Below explanations are provided for companies that are not in the state of bankruptcy (i.e. assets of such companies are sufficient to cover all of their debts and liabilities.)

The Capital Markets Law is the primary legislation governing the Turkish capital markets. The Capital Markets Board, the independent governmental authority regulating and monitoring capital market activities through issuance of regulations and communiqués, prepared a bill for amending the Capital Markets Law with a view to bringing it in line with the relevant European Union legislation.

It should be underlined at the beginning that the Capital Markets Board of Türkiye (CMB), or Sermaye Piyasası Kurulu (SPK) in Turkish, serves as Türkiye’s primary authority for regulating and overseeing capital-market activities. CMB made a significant decision to manage the capital markets in Turkey through the proper selection of English.

Sermaye Piyasası Kurulu'nun ("SPK") 23.06.2022 tarihli ve 2022/32 sayılı bülteninde yayımlanan son düzenleme ile 2022 yılına ilişkin raporlamadan itibaren kullanılmak üzere...

Group companies consist of a main "controlling company" exerting dominance over one or more "controlled companies", either by way of holding the controlled company's majority shares or concluding contracts or otherwise having de facto control over the controlled company.

In contrary to the decrease in European and U.S. markets the private equity funds in Turkey accelerating the volume of the investment day by day.