With the introduction of the International Arbitration Law in July 2001, the Turkish legislator clearly expressed its intention to promote arbitration as a means of dispute resolution. Parties had their frights about filing arbitration proceedings in Turkey thanks to the Turkish courts’ tendency to review the dispute on its merits as well as procedure.

29 Ocak 2023 Tarihli ve 32088 Sayılı Resmi Gazete'de yayımlandığı üzere 1-31 Aralık 2022 tarihleri arasında Sanayi ve Teknoloji Bakanlığı tarafından toplam 2062 proje için...

This climate led to establishment of the first OIZ in Bursa province in 1962 with the World Bank's loan.

As part of the support program provided by the European Union to assist candidate countries in implementing legal and administrative reforms, the Ministry of Commerce officially launched the "Product Safety in E-Commerce" project in mid-2024.

In Turkish M&A practice, climate-related considerations have generally been addressed within the broader scope of environmental compliance or ESG positioning. With Climate Law No. 7552 now in force, this approach may begin to shift. In that sense, the shift is less a break with the past than a formalisation of practices already familiar in more mature markets.

Pursuant to the decision of the Capital Markets Board dated 16 February 2024 and numbered 11/255, various amendments were made to the Guideline on Investment Funds, which was adopted as the Board's Principle Decision numbered i-SPK.52.4 .

On 4 June 2009 the Turkish Government announced a new incentive plan for investments in Turkey.

4 Aralık 2022 Tarihli ve 32033 Sayılı Resmi Gazete'de yayımlandığı üzere 1-31 Ekim 2022 tarihleri arasında Sanayi ve Teknoloji Bakanlığı...

The main characteristic feature that defines the multinational enterprises ("MNEs") is that the MNEs are composed of several units operating in different environments.

Constitutional law is a vital cornerstone of any nation's legal framework. In Turkey, the role of a constitutional lawyer is particularly crucial, given the nation's rich history and complex political landscape.

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.

Turkey's new e-scooter manufacturing regulations require producers to obtain certification from the Turkish Standards Institute (TSE) by demonstrating domestic production of specific electronic components. The framework establishes a three-tier system evaluating seven critical electronic parts, with varying requirements for domestic content across battery/chassis, motor, and electronic systems groups.

Lack of sufficient regulatory control over banks was one of various factors that led to Turkey’s most recent economic crises. Following a phase of sustained deflation in 2001, the need for a stricter monitoring system became evident, and the Turkish government has taken some concrete steps since then.

This is the September 2007 edition of our email news service – The Turkish Update – which is issued every month. Our aim is to provide a concise and easy-to-read summary of developments in Turkey.

Turkey's Revenue Administration recently published rules for the "Interactive Tax Office", which allows taxpayers to now conduct a range of tasks and transactions via an online platform, rather than at a physical tax office.

The document titled "Türkiye International Direct Investment Strategy 2024-2028" has been meticulously prepared as a roadmap to ensure sustainable economic development...

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.

In recent years, IPOs in Turkey have reached record levels. In 2023 and 2024, a large number of companies started trading in Borsa Istanbul as a result of initial public offerings (IPO) transactions.

Turkey has recently amended its mining regulations in order to attract more domestic and foreign private investors in the industry. The amendments made are criticized particularly by the environmental groups for removing the environmental controls drastically and by domestic mining investors for being radically open to foreign investors. This Article deals with some of the important aspects of the recently enacted pieces of legislation.

Turkish Lira (TRY) has been alarmingly losing its value for the last couple of months. Indeed, it lost well over 70% of its value against, for instance, US Dollar.