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TR-TR Tourism&Hospitality: New E-Commerce Rules for Travel Agencies in Turkey
The Ministry of Culture and Tourism (“Ministry”) has recently amended its longstanding Regulation on Travel Agencies. With the amendment, the … Read more
Financial Institutions
Capital Markets Board of Turkey Publishes Draft Communiqué on Significant Transactions and Right to Exit
The Capital Markets Board of Turkey (“CMB”) has published a Draft Communiqué No. II-23.3 on Significant Transactions and Right to … Read more
Legal Update: Thresholds in Public Procurement Law of Turkey Increased
Thresholds values and monetary limits specified in the Public Procurement Law of Turkey are increased by 7.36 percent.
Legal Update: Thresholds in Public Procurement Law of Turkey Increased
Thresholds values and monetary limits specified in the Public Procurement Law of Turkey are increased by 7.36 percent.
New Communiquén the Management and Auditing of Information Systems of Financial Leasing, Factoring and Financing Companies
The Banking Regulation and Supervision Agency (“the Agency”) issued the communiqué on the Management and Auditing of Information Systems (“the Communiqué”), which entered into force following its publication on the Official Gazette on 6 April 2019.
Financing the Commercialization: Corporate Partnerships
For many emerging technologies firms financing is a hurdle to overcome.
How to Secure Projects: The Significance of Insurance in Project Finance
Extended liquidated damages insurance In the last 5 or 6 years some projects have had the benefit of insurance which is designed to pick up the risk after the contractor’s liability has been exhausted, these kind of policies mirror the construction contra
Financial Leasing as a Method of Aircraft Financing
An aircraft financial leasing agreement simply consists of the lessor’s (financer) debt of transferring all the substantial risks and rewards of ownership concerning the aircraft to the lessee (customer) while receiving rental in exchange[1].
Direct Marketing Requirements Under the Data Protection Regulations
Direct marketing is a type of advertising that aims to bring an action in a selected group of consumers in response of a communication by the marketer.
Disabled-Friendly Banking Became Compulsory in Turkey
The seemingly endless discussions on disability discrimination that has lasted for over decades between disabled persons and the regulatory bodies in social life provide countless lessons for those offering services to public commonly.
A Quick Look at Turkey’s Domestic Incentives Mechanism for Investment
As a developing country, Turkey shines out as a good opportunity for foreign investors to make good use of their budgets. Investors’ primary expectations from a developing country like Turkey are a powerful and reliable legal system, confidentiality, se
How Can Turkish Banking Cope with the Changing Global Banking Dynamics?
2008 global economic meltdown had served as an important wake up call for the global banking industry. The complicated web of interrelated financial instruments created by investment banking gurus,
