A majority of companies in Turkey are family owned companies as their equivalents around the world.

Financial developments and promising financial and technological progresses in energy, tourism and infrastructure have attracted foreign investors' interest.

Heightened regulatory expectations and evolving corporate governance standards have placed internal investigations at the centre of corporate compliance frameworks.

The amounts specified under subparagraphs (a) and (b) of Article 5, paragraph two of the Communiqué on Corporate Governance No. II-17.1 ("Communiqué") have been redetermined in the announcement ("Announcement") published in the Capital Markets Board's ("Board") Bulletin No. 2025/3 dated 16.01.2025.

Turkey's Capital Markets Board has introduced new regulations requiring major shareholders of publicly traded companies to obtain regulatory approval before conducting off-exchange share sales above specified thresholds. The rules establish different percentage thresholds based on a company's free float ratio and apply to shareholders holding more than 20% of share capital or those with privileged board appointment rights. These requirements mark a significant expansion of existing disclosure obligations, t

In Winter 2002 , we presented an article on TÜSIAD’s<SUP>1</SUP> efforts in introducing a Corporate Governance Code of Best Practice that aims to provide guidelines for professionals and corporations in connection with the effective application of corporate governance principles by Turkish companies. Within the scope of these efforts, a number of select businessmen and lawyers have recently founded the Corporate Governance Association in order to pioneer the establishment, adoption and developme

A brief examination of a number of firms' specimens of signature reveals that the authority to represent a firm is limited with the subject matter and extent and the authority to represent such firm in all aspects...

Limited liability companies are managed by their board of directors. As per the Turkish Commercial Code No. 6102, the board of directors is composed of at least one director, who could be a Turkish or a foreign real person or legal entity, ...

Parties entering into a partnership in Turkey usually execute Shareholders' Agreement ("SHA"), to secure their rights and obligations.

The Capital Markets Board (the "CMB") published the Draft Communiqué on the Companies whose Shares will be Traded on the Venture Capital Market ("Draft Communiqué")...

The year 2011 was introduced as a "revolution year" in Turkish commercial life since the new commercial law was expected to regulate from A to Z in commerce however during the time elapsed several amendments and changes in effectiveness of the particular provisions manifested the realities of daily business life.

Implications of the 2025 Decision on Amending the Criteria for Independent Audit in Turkey should be throughly kept in mind by corporate managements.

With the Draft Communiqué on Principles Regarding Companies Whose Shares Will Be Traded on the Venture Capital Market ["Draft Communiqué"] published in the Official Gazette...

Turkey’s struggle as a candidate country to join the European Union ("<B>EU</B>"), has gained stream during the last years. Many reforms have been realized especially in areas underlined in the Regular Report on Turkey’s progress towards accession pertaining to the year 2003 ("<B>Regular Report 2003</B>").

The Capital Markets Board of the Republic of Turkey has initiated preliminary discussions with companies in 2016 and has commenced its studies in respect of corporate governance compliance reporting.

Under the TCC, shares in an LLP can be transferred only by executing a written agreement before the notary public.

In a transformative development for European ESG regulations, the Corporate Sustainability Due Diligence Directive mandates extensive due diligence by large companies...

The Capital Markets Board (CMB) amended ("Amendment") the Corporate Governance Communiqué ("Communiqué") to ensure that public companies take concrete steps to ensure sustainability.

The Communiqué on Companies whose Shares will be Traded on the Venture Capital Market ("Communiqué") entered into force through publication in the Official Gazette dated 18 May 2023.

Our article explores the evolving perspective on Ethics and Compliance, navigating a transition from a focus on risk-centric concerns to strategically cultivating a competitive advantage.