Turkish Regulator Published New Communiqué On Significant Transactions And Right To Exit

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 Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions (the “Law”) and the Regulation on Payment Services, Electronic Money Issuance and Payment Service Providers...

As per Turkish law, joint-stock companies are defined under the Turkish Commercial Code No. 6102 ("TCC" or "Law") as "companies with a fixed capital and divided into shares...

The Decree Amending the Decree No. 32 on the Protection of the Value of the Turkish Currency (the "Amendment Decree"), was published in the Official Gazette dated 15 March 2025 and numbered 32842.

The Republic of Türkiye's Ministry of Treasury and Finance published amendments to Communiqué No. 2008-32/34 ("Communiqué") regarding Decree No. 32...

Venture Capital Investment Funds are non-incorporated assets established by portfolio management companies and managed on behalf of investors based on the principles of fiduciary ownership, through funds collected from qualified investors ...

In the Official Gazette dated 2 July 2024 and numbered 32590, the Law on Amendments to the Capital Markets Law No. 7518 introduced additions concerning crypto assets to various articles of the Capital Markets Law No. 6362.

The procedure with respect to the exercise of squeeze-out and sell-out rights in public companies has been structured in a more detailed manner.

The Law No. 7511 on the Amendment of the Turkish Commercial Code and Some Other Laws ("Law") was published in the Official Gazette dated 29 May 2024, and numbered 32560.

Capital Markets Board of Turkey published Amendment Regulation re. Istanbul Takas ve Saklama Bankası A.Ş. Central Counterparty Regulation ("CCP Regulation")...

On 2 July 2024, with the Law on Amending the Capital Markets Law numbered 7518, published in the Official Gazette numbered 32590, amendments were made to various articles of the Capital Markets Law numbered 6362 ("CML") regarding cryptocurrency assets.