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  • Article

    Mandatory Obligation To Make Payments In Turkish Lira Introduced For Sales Of Movable Properties

    Communiqué Amending the Communiqué (Communiqué No: 2022-32/66) by the Ministry of Treasury and Finance on the Decision No. 32 on the Protection of the Value of the Turkish Currency...
    TurkeyFinance and Banking
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Limitations Were Implemented On Terms On Consumer Credits And Minimum Payment Of Credit Cards

    In the press releases of the Ministry of Treasury and Finance ("Ministry") on 9 June and 10 June 2022, it was stated that the fight against inflation remains the top priority...
    TurkeyConsumer Protection
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Turkey Provided 1-Month Period To Foreign Investors Before The Value Of The Real Estate, Which Must Be Purchased In Order To Apply For Turkish Citizenship, Is Increased From 250.000,00 Dollars To 400.000,00 USD

    At the Presidential Cabinet Meeting held on April 12, 2022 under the Presidency of President Recep Tayyip Erdoğan, it was decided to increase the value of the real estate that must be purchased for Exceptional Turkish Citizenship.
    TurkeyFinance and Banking
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    The Law Amending The Attorneyship Law And The Law Of Obligations Entered Into Force On June 11, 2022. A Provisional Article Added To The Turkish Law On Obligations About Residential Leases

    Provisional Article 1 was added to the Turkish Code of Obligations No. 6098 with the 4th Article of the Law No. 7409 on the Amendment of the Turkish Code of Obligations and the Law on Attorneyship, which was published in the Official Gazette ...
    TurkeyReal Estate and Construction
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    The Communiqué Amending ‘The Communiqué On The Procedures And Principles Regarding The Implementation Of Article 376 Of The Turkish Commercial Code Numbered 6102' Has Been Published

    With the "Communiqué on the Amendment of the Communiqué on the Procedures and Principles Regarding the Implementation of Article 376 of the Turkish Commercial Code No. 6102" ...
    TurkeyFinance and Banking
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Decision On Imposing Sanctions On Incumbent Supply Companies Regarding Non-Performance Of Payments Of Unlicensed Electricity Generation Companies

    The Procedures and Principles Regarding Non-Payments in the Scope of Unlicensed Generation has been adopted with the decision of the Energy Market Regulatory Board numbered 11008 and dated 9 June 2022 was published in the Official Gazette ...
    TurkeyCorporate/Commercial Law
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    The General Communiqué Of The Financial Crimes Investigation Board No. 21 Prepared By The Board Of Investigation Of Financial Crimes Was Published In The Official Gazette Dated 17.11.2022 And Numbered 32016

    FCIB defines "politically exposed persons" among the high-risk groups that should be subject to strict measures.
    TurkeyGovernment, Public Sector
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    The Communiqué On The Required Reserves Is Amended And The Communiqué On Turkish Lira Securities Maintenance For Foreign Currency Liabilities Is Published By The Central Bank Of The Republic Of Turkey

    The Central Bank of the Republic of Turkey ("CBRT") has; (i) amended the Communiqué on Required Reserves ("Required Reserves Communiqué") with the Communiqué on Amending the Communiquée on Required Reserves ("Amendment Communiqué") and ...
    TurkeyCorporate/Commercial Law
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Sermaye Piyasasi Kurulu Tarafindan Sermaye Piyasasi Araçlarinin Teminatli İhracina İlişkin Tebliğ Yayimlandi

    Tebliğ ile teminatlı sermaye piyasası aracı ihracına ilişkin usul ve esaslar düzenlenmiştir.
    TurkeyFinance and Banking
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    The Communiqué On Issuance Of Secured Capital Market Instruments Has Been Introduced By The Capital Markets Board

    The Communiqué on the Procedures and Principles Regarding the Issuance of Secured Capital Market Instruments ("Communiqué") numbered I-31/B.1 has been introduced by the Capital Markets Board...
    TurkeyCorporate/Commercial Law
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    A Communiqué On Issuance Of Secured Capital Market Instruments Has Been Introduced By The Capital Markets Board

    The Communqiué entered into force through its publication in the Official Gazette dated 26 January 2022 and numbered 31713.
    TurkeyFinance and Banking
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    The Invasion Of Ukraine Is Catastrophic For The Russian Economy. Now What? Investment Arbitration?

    When the Russian Federation unleashed its deadly invasion of Ukraine, it was fully aware unprecedentedly severe sanctions would be imposed.
    TurkeyInternational Law
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    The Invasion Of Ukraine Is Catastrophic For The Russian Economy. Now What? Arbitration: Has Russia Violated Its Promises To Turkish Investors Under The Turkey-Russia Bilateral Investment Treaty?

    When the Russian Federation unleashed its deadly invasion of Ukraine, it was fully aware unprecedentedly severe sanctions would be imposed .
    TurkeyLitigation, Mediation & Arbitration
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Responsibility Arising From The Lawyer's Report In Public Offerings

    Pursuant to the Capital Markets Law No. 6362, the ability to offer capital market instruments to the public or to be traded on the stock exchange is subject to the complete fulfillment of the legally obligatory procedures and principles.
    TurkeyFinance and Banking
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Debt Restructuring In Turkey: Use Of "Framework Agreements"

    In the following article ASC Law addresses the use of standardized "Framework Agreements" – prepared by the highly-regarded Banking Association of Turkey – in debt restructuring negotiations.
    TurkeyInsolvency/Bankruptcy/Re-Structuring
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Trends And Developments In Turkish Litigation - 2021

    The Turkish economy, already stagnant for years, continues to suffer from a nearly decade-long depreciation of its currency, coupled with, more recently, the severe blow of Covid-19.
    TurkeyCoronavirus (COVID-19)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Alişveriş Merkezleri Hakkinda Yönetmelikte Değişiklik Yapilmasina Dair Yönetmelik 18.08.2022 Tarihinde 31927 Sayili Resmi Gazete'de Yayimlanarak Yürürlüğe Girdi

    Alışveriş Merkezleri Hakkında Yönetmelikte Değişiklik Yapılmasına Dair Yönetmelik ("Yönetmelik") ile özellikle de ortak gider konularında yoğunluk olmak üzere değişikliklere gidilmiştir.
    TurkeyMedia, Telecoms, IT, Entertainment
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Lisanssiz Elektrik Üretim Şirketlerinin Yapilmayan Ödemelerine İlişkin Görevli Tedarik Şirketlerine Yaptirim Uygulanmasina Karar Verildi

    Enerji Piyasası Düzenleme Kurulu'nun 11008 sayılı ve 9 Haziran 2022 tarihli kararı ile kabul edilen Lisanssız Üretim Kapsamında Yapılmayan Ödemelere İlişkin Usul ve Esaslar 15 Haziran 2022 tarihli ve 31867 sayılı Resmi Gazete'de yayımlanmıştır.
    TurkeyCorporate/Commercial Law
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    6102 Sayili Türk Ticaret Kanunu'nun 376'nci Maddesinin Uygulanmasina İlişkin Usul Ve Esaslar Hakkinda Tebliğde Değişiklik Yapilmasina Dair Tebliğ Yayinlandi

    08.11.2022 tarih ve 32007 sayılı Resmi Gazete'de yayımlanarak yürürlüğe giren "6102 Sayılı Türk Ticaret Kanununun 376'ncı Maddesinin Uygulanmasına İlişkin Usul ve Esaslar Hakkında Tebliğde Değişiklik Yapılamasına Dair Tebliğ" ...
    TurkeyFinance and Banking
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
  • Article

    Mali Suçlari Araştirma Kurulu Başkanliği Tarafindan Hazirlanan 21 Sira No.Lu Mali Suçlari Araştirma Kurulu Genel Tebliği 17.11.2022 Tarih Ve 32016 Sayili Resmi Gazete Yayimlandi

    Türkiye'nin 1991 yılından bu yana tarafı olduğu FATF (Financial Action Task Force) tarafından 2003 yılında yayımlanan ve üye ülkelere tavsiye edilen 40 Tavsiye'sinde (40 Recommendations) de belirtilen ve sahip oldukları pozisyon ...
    TurkeyTechnology
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)
    Aksu Caliskan Beygo Attorney Partnership (“ASC Law”)

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