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Parties to a commercial agreement usually reduce into writing their mutual understanding and try to set forth penalties and other clauses in deterrent nature...

In BOT project financing, it is generally the contractor, which takes full liability for the construction risks according to the commonly accepted rule that risks, should be borne by the party best able to take responsibility for them or manage them.

The fourth amendment to the ICSID rules entered into force on July 1, 2022. This change is the most comprehensive review to date.

The income generated from renting commodity and rights, which are indicated in the 70th Article of the Income Tax Law, is defined as "estate capital revenue"...

Pursuant to Article 160/A of the Tax Procedure Law ("Law number 213") taxpayers who are determined by the relevant departments of the Ministry of Treasury and Finance

Fintech is described by the FSB as "technology-enabled innovation in financial services that could result in new business models, applications, processes or products with an associated material effect on the provision of financial services".

Pursuant to Law No. 5549 on the Prevention of Laundering Proceeds of Crime, those defined as obligated parties are required to report suspicious transactions...

The expanding volume of global trade is having a profound impact on world shipping, especially container shipment traffic.

Despite a slowdown in 2013 with 13% decline by sukuk volume, it is most likely to witness a distinct expand in next year since it will lie beyond Gulf region.

The Capital Markets Board of Turkey has introduced its Amendment on the Communiqué on Market Abuse Serial No. VI-104.1.a, which was published on 18 February 2017 in the Official Gazette...

With the "Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers" ("Regulation") published in the Official Gazette dated October 7, 2023 and numbered 32332...

09.09.2025 tarihli ve 33012 sayılı Resmî Gazete'de yayımlanan 10382 sayılı Cumhurbaşkanı Kararı ile, 492 sayılı Harçlar Kanunu'na bağlı (8)...

"Hurdaya Ayrılan Türk Bayraklı Gemilerin Yerlerine Yeni Gemi İnşa Edilmesinin Teşvikine Dair Yönetmelikte Değişiklik Yapılmasına Dair Yönetmelik" Ulaştırma Alt Yapı Bakanlığı tarafından 18 Haziran 2022 tarih ve 31870 sayılı Resmi Gazete'de yayımlanarak yürürlüğe girmiştir.

With its decision published in the Capital Markets Board Bulletin dated 30 December 2022 and numbered 2022/74 (the "Decision"), the Capital Markets Board (the "CMB") amended...

Sermaye Piyasası Kurulu tarafından 13 Haziran 2020 tarihli ve 31154 sayılı Resmi Gazete'de VII-128.8 sayılı Borçlanma Araçları Tebliği'nde Değişiklik Yapılmasına İlişkin Tebliğ (VII-128.8.a) ...

The obliged parties failing to comply with any obligation shall be punished with an administrative fine or sentenced to imprisonment subject to the type of failure.

Factoring refers a financial transaction where a business sells their account receivable to a third party which is called a factor at a discount in exchange for immediate money with finance continued business.