Amendment To The ECLS Communiqué

In today's globalized trade environment, many companies engage in commercial relations with other firms and conduct international trade.

Turkish competition enforcement has entered a phase in which the Authority's most consequential interventions increasingly arrive before, rather than after, a finding of infringement. This Summer 2026 edition covers eight developments spanning digital markets policy, merger remedies, physical access to retail infrastructure, labour market information exchange, AI distribution channels, procedural cooperation obligations and the transition between fining regimes.

Oracle Corporation, the American technology giant, agreed to pay the U.S. Securities and Exchange Commission ("SEC") $22.9 million as the result of the investigation to resolve charges...

This article examines the establishment and continuing management of a foreign business presence in Türkiye. It compares subsidiaries, branches and liaison offices, and considers capital, corporate documentation, governance, representative authority, investment reporting, work authorisation and data protection. Judicial decisions concerning corporate organisation and management duties are considered in their relevant context. The analysis argues that the choice of vehicle should follow the proposed activity, ownership arrangements and expected life of the investment. Effective legal preparation connects incorporation with the company's subsequent compliance, financing, decision-making and exit arrangements rather than treating registration as the final objective.

One of the economic purposes of joint stock companies is to generate profits through their business activities and to distribute such profits among their shareholders in accordance with the rules stipulated by law and the articles of association.

The Capital Markets Board of Türkiye (“CMB” or the “Board”), through its principle decision No. i-SPK.15.2 (dated 03.09.2026 and numbered 54/1614) (“Resolution”), has lowered to 3% the minimum shareholding disclosure threshold under the Material Events Disclosure Commu-niqué No. II-15.1 (“Communiqué”). The Reso-lution will apply as from the end of the day on 11.09.2026.

Turkey's e-commerce sector achieved a historic milestone in 2025, with transaction volume reaching 4.57 trillion TL—a 52.2% year-over-year increase. The Ministry of Trade's comprehensive report reveals how artificial intelligence integration, quick commerce models, and sustainability initiatives are reshaping consumer behavior and business operations.

According to the first paragraph of Article 5 of the Communiqué on Share Buybacks No. II-22.1 (the "Communiqué"), a share buyback program can only be approved by a general assembly resolution.

In any high-stakes investment, Merger & Acquisition (M&A), or private equity deal in Turkey and real estate engagements, the financial statements of the target company are the primary focus. While accountants and financial analysts review these numbers for performance and profitability, an experienced corporate lawyer reads them differently.

Within the scope of the European Green Deal, which constitutes one of the key elements of the European Union’s (“EU”) policies to combat climate change, the EU aims to reduce greenhouse gas emissions and achieve a climate-neutral economy by 2050.

The Capital Markets Board of Türkiye ("CMB"), by its decision dated 6 February 2023, had prohibited short-selling transactions in the equity markets of Borsa İstanbul A.Ş. ("BIST").

Pursuant to the Regulation Amending the Regulation on Price Tags, which was published in the Official Gazette dated 30 January 2026 and numbered 33153 and entered into force ("Amending Regulation"), as of 30 January 2026...

Pursuant to the announcement made in accordance with the decision no. 11/417 published in the bulletin of the Capital Markets Board of Turkey dated 01.03.2026 and numbered 2026/11, certain temporary measures have been introduced in order to preserve market stability.

The Personal Data Protection Authority (“Authority”) has published a document entitled Use of Generative AI Tools in the Workplace, setting out a general framework for the use of third-party, publicly accessible GenAI tools in professional settings.

With its decision dated 30 December 2025 and numbered 58/2461, published in the Capital Markets Board Bulletin dated 31 December 2025 and numbered 2025/68, the Capital Markets Board of Turkey has increased the financial criteria ...

After the amendments to the Decree No. 32 on Protection of the Value of Turkish Currency by the President's Decree No. 85, published on the Official Gazette on 13 September 2018, it is no longer possible to denominate ...

Turkey's Remote Work Regulation has been amended to explicitly address hybrid work arrangements, requiring employers to specify in employment contracts which days employees will work remotely versus on-site.

With the Law on the Protection of the Value of the Turkish Currency and Amendments to Certain Laws and the Decree Law No. 635, published in the Official Gazette No. 32965 dated July 24, 2025, the title and content of Article 109 of the Labor Law No. 4857 have been changed.

With the Presidential Decision numbered 5752 published under the Official Gazette dated June 28, 2022 and numbered 31880 ("Decision"), the period of the withholding deduction applied...

Law No. 7222 on the Amendment of the Banking Law and Certain Laws ("Amendment Law") published in the Official Gazette dated February 25, 2020 and numbered 31050