News & Insights
Helping clients navigate the evolving and increasingly complex Turkish regulatory environment across the full spectrum of industries
-
Amendments by Capital Markets Board and Amendments to Turkish Commercial Code
Capital Markets Board's new Communiqué on Exclusion from Partnership and Selling Rights and amendments to the Turkish Commercial Code regarding bearer shared entered into force.
-
Prohibition on Assignment of Receivables Under Insurance Policies
Law on Amendments to Certain Laws and Civil Procedure Law, dated 22 July 2020, numbered 7251, incorporated a new clause to the Turkish Insurance Law dated 3 June 2017, numbered 5684.
-
Application Deadline for Domestic Component* Additional Price is Extended
The Law on Renewable Energy Support provides additional tariffs for the investors that use domestically manufactured mechanical and/or electro-mechanical components
-
Commercial Electronic Messages Management System (IYS) Has Been Extended
The deadlines for the registration date of service providers in the Commercial Electronic Messages Management System (IYS) and uploading the current approvals has been extended.
-
Renewable Energy Support Mechanism (YEKDEM) Deadline Has Been Extended
According to the Presidential Decree (“Decree”) published on 18 September 2020, the operational deadline to benefit from YEKDEM has been extended until 31 June 2021.
-
The Application Period for Short-Term Working Allowance Has Been Extended
Official Gazette dated 1 December 2020 and numbered 31321, extended the application period for short-term working applications to 31 December 2020 due to Covid-19.