Turkey Enhances Regulatory Impact Assessment Framework For Considering Draft Laws And Regulations

Turkey has changed its legislative procedures for preparing regulations. A full regulatory impact assessment is required if the probably annual pecuniary effects of a Draft Law or Decree Law are more than TRY 30 million. A partial assessment is required for draft legislation which falls below this threshold. Previously, the threshold was set at TRY 10 million and the Prime Ministry had discretion regarding whether an impact assessment was required for drafts below this threshold.

The Amendment Regulation on the Regulation on Principles and Procedures of Preparing a Regulation of Council of Ministers Decision No: 2016/8590 ("Amendment Regulation"), was published in Official Gazette number 28658 on 19 March 2016.