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  • Article

    Regulation Regarding Systemically Important Banks

    The Banking Regulation and Supervision Agency has recently published the Regulation Regarding Systemically Important Banks on the Official Gazette, dated February 23, 2016 and numbered 29633.
    TurkeyFinance and Banking
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    New Legislation on Manufacturing Plants of Human Medicinal Products

    Following the enforcement of the new Communiqué on Pricing of Human Medicinal Products last September, the Ministry of Health ("Ministry") rolled up its sleeves for a new regulation concerning human medicinal products: The Regulation on Manufacturing Plants of Human Medicinal Products ("Regulation").
    TurkeyFood, Drugs, Healthcare, Life Sciences
    ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
  • Article

    An Overview Of White Collar Irregularities Under The Turkish Legal System

    White collar irregularities, described as “a crime committed by a person of respectability and high social status in the course of his occupation” are recognized in Turkey, and are especially likely to occur during the daily business decisions and practices of foreign corporations’ Turkish branches or their affiliates.
    TurkeyGovernment, Public Sector
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Quarterly Update On Anti-Dumping Cases In Turkey (July 2017)

    In Turkey, the authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio, is given to the Ministry of Economy ("Ministry"). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
    TurkeyInternational Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Examination On Various Supreme Court Precedents Regarding Rental Agreements To Study The Burden Of Merchants' Obligation To Act Prudent In Their Dealings

    A tenant request for re-determination of the rent amount in line with reason and equity.
    TurkeyLitigation, Mediation & Arbitration
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Increased Scrutiny On Internet Actors For Prevention Of Money Laundering: New Law Proposal

    In the realm of anti-money laundering legislative efforts, a particular law proposal that is pending before Commission review at the Grand National Assembly of Turkiye strikes ...
    TurkeyMedia, Telecoms, IT, Entertainment
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Draft Regulation on the Data Controllers' Registry

    The "Draft Regulation on the Data Controllers' Registry" ("Draft Regulation") was published on the official website (wwwlcvkk.gov.tr) of the Data Protection Authority ("DPA"), and the DPA opened it to public comment between 5 May 2017, and 20 May 2017.
    TurkeyPrivacy
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    The Turkish Competition Board's Ferrero Decision: A Closer Look To Commitments In The Hazelnut Market

    Turkish Competition Board (the "Board") issued its decision ("Decision") regarding the investigation launched against Ferrero Fındık İthalat İhracat ve Tic. AŞ ("Ferrero Fındık")...
    TurkeyAntitrust/Competition Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Distribution Of Advance (Interim) Dividend

    Communiqué on Distribution of Advance Dividend, introduced by the Ministry of Customs and Trade, regulates the procedures and principles of distribution of advance dividend within the relevant fiscal year in . . .
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Joint Control And Ancillary Restraints In Turkish Merger Control: The Canopius Decision

    The Turkish Competition Board, recently granted unconditional approval to the transaction concerning the establishment of joint control by Samsung Fire & Marine Insurance Ltd. and Fidentia Fortuna Holdings Ltd. over Fortuna Topco Limited, which is currently under the sole control of Centerbridge Partners LP through Fidentia Fortuna Holdings Ltd (the "Decision").
    TurkeyAntitrust/Competition Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    A No-Go Decision Was Granted By The Turkish Competition Board To A "Joint To Sole Control" Transaction: TIL / Marport

    The notified transaction concerned the acquisition of 50% of the shares and the sole control of Marport by TIL, from Arkas Group.
    TurkeyAntitrust/Competition Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    The Turkish Competition Board Approves The Acquisition Of Brotek Tech By Kariyer.net With Commitments

    On July 2, 2025, Turkish Competition Authority published the Turkish Competition Board's reasoned decision concerning the acquisition of sole control over Brotek Teknoloji AŞ by Kariyer.net Elektronik Yayıncılık ve İletişim Hizmetleri AŞ.
    TurkeyAntitrust/Competition Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    The Turkish Competition Board Did Not Grant An Exemption To The Restriction Of The Sales Of Food Supplements In E-Commerce Channels

    On June 3, 2022, the Turkish Competition Board ("Board") published its reasoned decision dated September 9, 2021 and numbered 21-42/611-298, rejecting Solgar Vitamin ve Sağlık ...
    TurkeyAntitrust/Competition Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Where To Draw The Line? - Shifting Alliances Under Turkish Merger Control Regime

    The Turkish Competition Board ("Board") determined that the transaction concerning the acquisition of 51% of the shares in Andar Elektromekanik Sistemler Sanayi ve Ticaret AŞ ("Andar") by H. Ibrahim Bodur Holding AŞ ("HIB Holding") does not constitute a concentration under Turkish merger control regime given that the transaction results in a shifting alliances structure post-transaction.
    TurkeyAntitrust/Competition Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Recent Measures And Amendments Introduced In Employment Law Due To COVID-19

    The novel COVID-19 pandemic continues to have substantial impacts on our lives in various ways.
    TurkeyCoronavirus (COVID-19)
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    New Era For Material Transactions And Exit Right

    In this article, our aim is to summarize significant provisions of the Communiqué.
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Standards Of Corporate Compliance Programs Based On Recent Trends Of The DOJ

    Admittedly, all corporate compliance professionals, regardless of the country they practice in, might at one point find themselves having to monitor extra-territorial applicability of the United States laws and regulations, ...
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    The Court Of Appeals Sheds Light On "Just Cause" For Termination, Exit Right And Squeeze-Out Of Shareholders

    Article 636 of the TCC lists the circumstances in which a limited liability company shall be terminated
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Banking Regulation And Supervision Agency's Guidance: How To Deal With Global Players And Bitcoin In Turkey?

    It is safe to say that electronic money and payment services are creating one of the fastest growing markets worldwide.
    TurkeyFinance and Banking
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    2018 FCPA Enforcement Actions And Highlights

    In April 2018, the DOJ closed its investigation with regard to the Insurance Corporation of Barbados Limited
    TurkeyGovernment, Public Sector
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
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