The procedure for inviting the general assembly to meeting has been set forth in Article 410 of Turkish Commercial Code ("TCC") numbered 6102.

Turkey's Capital Markets Board has introduced new disclosure thresholds and free-float calculation methodologies that will fundamentally reshape transparency requirements for publicly traded companies. The regulatory changes lower material event disclosure thresholds from 5% to 3% and establish comprehensive daily monitoring of shareholding structures through the Central Securities Depository.

Daily cross border transactions, money transfers from one country to another and investments abroad are natural outcomes of the globalization.

As of 1 January 2013, in parallel with the entry into force of the New Capital Markets Law, secondary legislation is rapidly being issued by the Capital Markets Board with introducing novelties.

The 2024 Amendments to Turkish Commercial Code(Numbered 6102) introduces significant changes to working principles of the board of directors. New legal change should be examined by legal practitioners...

The Capital Markets Board of Türkiye has introduced significant changes to share ownership disclosure requirements and free float calculations for companies listed on Borsa İstanbul. The new regulations lower the minimum disclosure threshold from 5% to 3% and establish updated rules for how repurchased shares and indirect shareholdings affect free float calculations. These changes have important implications for direct shareholders, persons acting in concert, and those with indirect ownership stru

The Turkish economy, which aims to access funds from international markets has recognized the need for "good governance" after challenges faced in the past financial crises and corporate scandals. The concept of "corporate governance" has become an important subject for companies, especially for publicly held entities.

These changes should also be included in the interim activity reports.

We will assess these reforms adopted by the Communiqué in general in this newsletter.

The Corporate Sustainability Due Diligence Directive ("CSDDD") applies to certain European Union ("EU") companies and non-EU companies operating in the EU.

In Turkey, digitalization in corporate law practice has been significantly and gradually increasing in the last few years.

Electronic maintenance of commercial books unrelated to accounting of the business starts in Turkey. That is a sign of a new era in the field of Corporate Governance and Commercial in Turkey.

A joint-stock company is managed and represented by its board of directors as the compulsory legal management organ of the company.

With this regulation, as of July 1, 2025, the share ledger, board of directors' resolution book, board of managers' book, and general assembly meeting and negotiation book can be kept in electronic environment.

The Law Amending the Turkish Commercial Code and Other Laws numbered 7511 was published in the Official Gazette on May 29, 2024 and it has introduced significant changes and novelties in terms of the Turkish Commercial Code No. 6102 and Turkish corporate law practice.

Upon enactment of the new Capital Markets Law, the Capital Markets Board has issued new communiqués providing an insight into the implementation of the new capital market, including exit and delisting principles in 2014.

The Communiqué aims to regulate the technical and technological issues regarding the information systems to be used by payment and electronic money organizations.

As stated by the UN, environmental social and corporate governance (ESG) is not only an issue that concerns individuals but also a strategic priority of multinational enterprises...

Corporate governance is a concept that gained importance in the world in the early 1980s. In the 1980s, the statist economy was abandoned and the place of private sector organizations in the economy began to be strengthened.

The Capital Markets Board of Turkey has introduced a new framework for calculating shares in actual circulation for companies listed on Borsa İstanbul's Equity Market, fundamentally changing how free float ratios are determined. The updated regulations establish comprehensive exclusion criteria for certain shareholdings and introduce a novel approach that accounts for indirect shareholdings through hedge funds and other publicly traded entities. This regulatory shift requires monthly reporting obligati