347 results found

Oracle Corporation, the American technology giant, agreed to pay the U.S. Securities and Exchange Commission ("SEC") $22.9 million as the result of the investigation to resolve charges...

A new tax amnesty was introduced by the Turkish government last week. Provisional Article 93 was added to the Income Tax Law with the Law No. 7256 regarding new tax amnesty which...

The new mortgage law in Turkey sets new standards for the housing finance system and introduces new capital market instruments.The lack in Turkey of a proper housing finance system, and the consequential high occurrence of irregular and unqualified housing in the country has forced the Turkish government to take action.

According to Article 4/2 of the Draft Communiqué, issuers are allowed to secure capital market instruments they will issue.

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.

The Capital Markets Law No. 6362, which was accepted on 06 December 2012, was published in the Official Gazette dated 30 December 2012 and entered into force on the date of publication.

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.

Amidst worldwide discussions regarding legal status of cryptocurrencies, the Securities and Exchange Commission of the United States of America ("SEC") filed a lawsuit against Ripple Labs, Inc...

With both financial and real estate markets currently booming in Turkey, corporate lending institutions are keenly looking to lend funds to entrepreneurs and private investors (local and foreign) to buy and/or develop real estate projects. However, they obviously need security for such loans and the first preference is to place a mortgage on real property owned by the borrower.

The General Directorate of Foreign Investment shall be officially informed about any share transfer to the foreign investors.

The corporate governance of payment and electronic money institutions (the “Institutions”) and the legal and criminal liability of the board of directors and its members, as the main governing body of such structure, are of great importance.

The Turkish Commercial Code ("TCC" or "Law") has enabled companies to apply different structural models and to implement new legal formations by including spin-off provisions to its Article 159 et seq.

Tebliğ ile teminatlı sermaye piyasası aracı ihracına ilişkin usul ve esaslar düzenlenmiştir.

The process for revision of the Swiss corporate law was initiated in 2007, and the process continued for some time.

Jouissance shares are the securities, different from the share certificates, which do not provide its holder with any shareholder right but which carry some financial rights.

Turkey's Capital Market Board has amended regulations for investment enterprises and intermediary institutions. Additional website information disclosures now apply for investment enterprises.

Limited Liability Companies are regulated under the Turkish Commercial Code numbered 6102 Art. 573 ff.

Under Turkish law, joint stock companies are not entitled to hold general assembly meetings solely by electronic means.