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  • Article

    Dividend Distribution Limitation Period Is Extended

    Provisional Article 13 introducing certain limitations on capital companies' dividend distributions was added to the Turkish Commercial Code on 17 April 2020.
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Import Of Gas To Turkey How Liberal Is Turkey

    In the 2000s, Turkey embarked on a liberalisation process in the energy sector and identified natural gas imports as one of the key areas within this process.
    TurkeyEnergy and Natural Resources
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    The Constitutional Court Finds Turkish Competition Board's On-site Inspections Unconstitutional.

    In its decision published on 20 June 2023, the Constitutional Court decided that on-site inspections conducted by the Competition Board without a judicial award...
    TurkeyAntitrust/Competition Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Minimum Share Capital Requirements Have Been Amended

    In accordance with the presidential decision, which was published on 25 November 2023, and the rectification letter, which was published on 26 November 2023...
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Omnibus Law: Limitations On Dividend Distribution

    Law No. 7244 on Reducing the Effects of the Novel Coronavirus (COVID-19) Pandemic on Economic and Social Life and the Amendment of Certain Laws was published in the Official Gazette last Friday, 17 April 2020.
    TurkeyCorporate/Commercial Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    After Two-Year Transition Period: Foreign Currency Payments In Workplace Lease Contracts

    In September 2018, a presidential decree amended Decree No. 32 on the Protection of the Value of Turkish Currency...
    TurkeyFinance and Banking
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Exceptions To Foreign Currency Loan Usage Expanded

    The Central Bank of the Republic of Türkiye has published amendments to the Capital Movements Circular, pursuant to the letter of the Ministry of Treasury and Finance dated 4 November 2025.
    TurkeyFinance and Banking
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    The Transition Period To Comply With The New Payment Services Legislation Extended Until 30 April 2023

    On 1 December 2021, the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers and the Communique on Information Systems of Payment and Electronic Money Institutions and ...
    TurkeyFinance and Banking
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Amendment To The Duties And Responsibilities Of The Cyber Security Presidency

    The Cyber Security Presidency was established under Presidential Decree No. 177 on the Cyber Security Presidency, which determined the institutions' duties, authorities, and responsibilities.
    TurkeyTechnology
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Amendments To The Regulation On Commercial Communication And Commercial Electronic Messages

    With the Regulation on the Amendment of the Regulation on Commercial Communication and Commercial Electronic Messages (the "Regulation"), which is published in the Official Gazette...
    TurkeyMedia, Telecoms, IT, Entertainment
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    New Law On Short-Term Leases

    The Law on Lease of Residential Properties for Tourism Purposes and Amendments to Certain Laws (the "Law") was published in the Official Gazette on 2 November 2023.
    TurkeyReal Estate and Construction
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Notaries Public Can Now Issue Real Estate Sales Agreements

    On 28 June 2022, an amendment was made to Notary Law No. 1512 to authorize the notaries public to issue real estate sales agreements.
    TurkeyReal Estate and Construction
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Turkish Competition Authority’s New Initiatives In Digital Markets

    The Turkish Competition Authority (“TCA”) has recently announced two significant initiatives concerning digital markets: (i) a sector inquiry into the artificial intelligence (“AI”) ecosystem and (ii) a study titled “Competition Policies in the Digital Era”. Taken together, these two initiatives demonstrate the TCA’s continued efforts to closely monitor developments in digital markets and to proactively shape competition policy in this rapidly evolving area.
    TurkeyAntitrust/Competition Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    An Alternative Financing Tool: Convertible Bonds

    Given the current macroeconomic outlook and the solid impacts of COVID-19 on the Turkish market, it has become much harder for Turkish companies to satisfy their financing needs by accessing...
    TurkeyFinance and Banking
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Extension Of The Capital Markets Board Measures Regarding The Equity Markets

    Pursuant to the Capital Markets Board's ("CMB") Decision dated 18 April 2025 and numbered 24/733, the durations set forth in Decision No. 18/574, as announced in the CMB's bulletin dated 23 March 2025...
    TurkeyFinance and Banking
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Procedures And Principles For Social Network Providers

    To clarify the scope and implementation of the obligations set out under Law No. 5651, the ICTA published its decree of 29 September 2020 on the "Procedures and Principles for Social Network Providers", ...
    TurkeyMedia, Telecoms, IT, Entertainment
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Principle Decision On Processing Biometric Data For Timekeeping Purposes

    The Personal Data Protection Board, through its Principle Decision dated 29 April 2026 and numbered 2026/921, has determined that practices involving the processing of biometric data for employee timekeeping purposes are, as a general rule, unlawful data processing activities.
    TurkeyPrivacy
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    New Regulations On Urban Transformation Are Enacted

    Omnibus Law numbered 7471 was published in the Official Gazette on 9 November 2023. The law regulates the amendments aiming to accelerate the demolition and reconstruction process after the 6 February...
    TurkeyReal Estate and Construction
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    A Landmark Decision On Investment Commitments In Turkish Merger Control

    Investment commitments are gaining attention as a novel approach to merger control, reflecting a global shift in how competition authorities assess the long-term effects of the transactions.
    TurkeyAntitrust/Competition Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli
  • Article

    Turkish Competition Authority Published Guidelines On Examination Of Digital Data

    The Law Amending the Law on Protection of Competition entered into force in June 2020. Following the amendment to Article 15/1(a) titled "On-Site Inspection"...
    TurkeyAntitrust/Competition Law
    Kolcuoglu Demirkan Koçakli
    Kolcuoglu Demirkan Koçakli

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