Independent Audit Thresholds Have Been Raised

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...

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.

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.

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.

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.

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.

New regulations have been introduced in relation to joint-stock companies with bearer shares according to the Law on Prevention of Proliferation of Weapons of Mass Destruction numbered 7262.

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.

Turkey has introduced comprehensive amendments to Law No. 5651, establishing the country's first sector-specific regulatory framework for digital gaming platforms. The new legislation imposes obligations on gaming platforms including age rating requirements, mandatory appointment of Turkish representatives, parental control tools, and information disclosure to authorities, backed by a graduated system of administrative fines and bandwidth restrictions for non-compliance.

Turkey's Ministry of Energy and Natural Resources has announced major renewable energy tenders for 2026, offering 900 MWe of solar capacity across 14 projects and 1,500 MWe of wind capacity across 7 projects.

This article examines the Turkish Competition Board’s (“Board”) Yemek Sepeti Decision[1] (“Decision”), assessing a request for the removal of commitments made binding in 2021, under the “material change” condition of Article 43(4)(a) of Law No. 4054 on the Protection of Competition (“Law No. 4054”).

Turkey's Ministry of Energy and Natural Resources has announced major renewable energy tenders for 2026, offering 900 MWe of solar capacity across 14 projects and 1,500 MW of wind capacity across 7 projects. These YEKA tenders present strategic opportunities for investors to participate in Turkey's expanding renewable energy infrastructure through competitive bidding processes with 20-year power purchase agreements.

Welcome to the 2026 Winter edition of the Paksoy Turkish Competition Law Newsletter series. The Turkish competition landscape keeps evolving, with significant enforcement actions...

The long-anticipated Cybersecurity Law No. 7545 came into force in Türkiye following its publication in the Official Gazette on 19 March 2025.

With the Regulation Amending the Regulation on Real Estate Trade, which was published in the Official Gazette dated 29 April 2026 and numbered 33238, the use of the secure payment system in real estate sale transactions had been made mandatory as of 1 July 2026. However, with the Regulation Amending the Regulation on Real Estate Trade, published in the Official Gazette dated 1 October 2026 and numbered 33387, the date for the mandatory implementation of the secure payment system was postponed to 1 December 2026.

On 8 April 2026, the Turkish Competition Board (“Board”) published its decision dated 11 September 2025 and numbered 25-34/810-474 concluding a broad multi-party investigation into anti-competitive conduct..

Türkiye İlaç ve Tıbbi Cihaz Kurumu tarafından yapılan düzenlemeler, biyobenzer ilaçların geliştirilmesini hızlandırırken, tıbbi cihazlar, kozmetik ürünler ve klinik araştırmalara ilişkin...