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Replacing the existing Data Protection Directive, General Data Protection Regulation will come into effect in May 2018. Exactly 3 months ahead for the enforcement, enterprises are currently in a hurry providing the compliances foreseen by the GDPR. This l
In recent years, Turkey has seen a boost in the use of loans both in individual and in corporate level. Apparently, Turkish households took out loans to afford their expenses like never before in the past couple of years.
A Snapshot of the Industry Turkey’s ever-growing energy needs relocates the mining industry to the center stage in Turkey’s energy policy. However, as the Turkish mining industry still commands the center stage for the satisfaction of Turkey’s energy need
There are several multilateral investment treaties and conventions which aim to protect foreign investment such as International Centre of Settlement of Disputes (ICSID), the North American Free Trade Agreement (NAFTA), Association of Southeast Asian Nati
The Financial Crimes Investigation Board (MASAK), which is a main service unit of the Ministry of Finance, having the mission of making policies and carrying out investigation and research to convey the information and the results to relevant authorities
The Turkish Petroleum Law, a touchstone for goals of attracting foreign investors to Turkish petroleum industry entered into force on 11 June 2013 and has been introduced as a revolution in oil and gas industry as it was leveling the playing field for for
Tourism mentality has been in a change in the world in recent years. The term “medical tourism” as a part of “alternative tourism” has been taking part also in Turkey. Especially the diversity of natural resources such as thermal waters and investments in
European Union and the United States are currently negotiating the biggest free trade agreement in history. If concluded the new agreement will create a free trade zone that will include more than 800 million inhabitants as consumers and together with the
The necessity of Bilateral Investment Treaties came up with the technological improvements allowing the commercial goods to be transported easily around the world. Developing countries that are aiming to attract other countries to invest in their lands, s
FIDIC, (Federation Internationale Des Ingenieurs Conseils), International Federation of Consulting Engineers aims to find a resolution in construction sector. There are five different FIDIC contracts in different colors that regulates different and separa
Turkey’s expansion of Information and Communication Technologies (ICT) sector for 2015have been estimated by some recent researches. In following years, thanks to technologies such as Big Data, Cloud, Mobility and Social Work, there is being expected a
On 06 February 2014, Turkish Parliament has enacted a 6518 Omnibus Bill, gazetted February 19th 2014, which adjoins a provision to article 3 of the Law No 4734 Public Procurement Law (“Law”) stipulating that purchase of goods and services provided to
Kustepe Mahallesi, Mecidiyekoy Yolu Caddesi, Trump Towers, Ofis Kule:2 Kat:18, No:12, Sisli Mecidiyekoy, Istanbul, Turkey
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