Av. Faruk Aktay, Esq. is qualified as a lawyer in Istanbul, New York and London with in-depth knowledge of Turkish, American and English law.

Turkish Competition Authority has published a new Block Exemption Communiqué for the Vertical Agreements in the Motor Vehicle Sector on 24 February 2017, updating terms of the block exemption...

The Banking Regulation and Supervision Agency ("BRSA") on 21th of November 2018 published recent amendments in relation to the Regulation on Restructuring of Debts Owed to Financial Sectors in the Official Gazette.

Last week, Regulation on Railway Coordination Board ("Regulation") has been published in the Official Gazette dated 2 June 2017 and numbered 30084.

Capital markets play a crucial role in managing and regulating investments for economic activities.

The Banking Regulation and Supervisory Authority in Turkey (the "BRSA"), with the aim of protecting Turkish lira from the increasing speculative attacks and preventing its unusual loss of...

With a view to increasing the scope of pledge on movable properties, claims and other rights and allowing for alternative remedies in the event of default, Law No. 6750 on Pledge on Movables...

Joint ventures ("JVs") are one of the most frequently used legal vehicles in the business world especially for cross-border operations. JVs can be defined as partnerships whereby two or more real persons or legal entities combine their services and assets with a view to achieving a common purpose.

Article 7 of the Law prohibits merger or acquisition transactions which establish or reinforce a dominant position resulting in significant reduction in competition in the market for some good or service in part or whole Turkey.

Under the provisions of the Land Registry Law No. 2644, acquisition of an immovable property in Turkey is possible for foreign real persons and entities; however, there are also certain restrictions.

In today's rapidly evolving landscape of software and financial technologies, payment systems and electronic money transactions are gaining increasing significance.

The banking industry in Turkey has been undergoing a transformation for a number of years due to the rise of digital banking.

This memorandum provides detailed information on the foreign currency ("FX") denominated loan ("FX Loan") regime in Turkey with a special focus on cross-border intercompany loans, in light of recent changes in the applicable legal framework.

The Regulation is published by the Ministry of Health with a view to regulating the standards of service to be provided within the scope of international health tourism services and the authorization and supervision of health institutions.

TCA has concluded its preliminary inquiry launched against Mercedes-Benz Turk AS and determined that their findings yielded "sufficient" and "serious" evidence that merited a formal investigation.

On August 11, Turkish Competition Authority announced that it has reached a verdict on its preliminary investigation into the poultry production sector, pursuant to complaints claiming abuse of Article 4 of Law 4054 On the Protection of Competition.

We prepared this information note to discuss the new legal changes on crypto assets entitled The Law Amending The Capital Markets Law No. 7518, which was published in the Official Gazette...

Kişisel Verilerin Korunması Kanunu, özel hayatın gizliliği başta olmak üzere, kişilerin temel hak ve özgürlüklerini korumayı ve kişisel verileri işleyen gerçek ve tüzel kişilerin yükümlülükleri ile uyacakları usul ve esasları düzenlemeyi amaçlar.

Banking Regulation Comparative Guide for the jurisdiction of Turkey, check out our comparative guides section to compare across multiple countries

A guide to the assessment of negative clearance and exemption under Turkish Competition Law.