In Turkey, many of the governmental authorities shall apply to procurement of goods, services or works under Public Procurement Law #4734 (PPL). In the same manner, the contracts in public purchase of goods, services and works refer to this law’s “con
The turning point for regulating the market dates back to 2001 for Turkish banking industry after a major banking crisis in Turkey. The remediation efforts of government authorities have been supported by private banks and Turkey has had a new code on ban
Turkish banking industry is considered one of the strongest in Europe. The crisis ridden global banking industry had experienced numerous difficulties following the 2008 market collapse,
PECR is the Privacy and Electronic Communications Regulations. The full title is The Privacy and Electronic Communications (EC Directive) Regulations 2003. The legislation derived from European Law. It implements European Directive 2002/58/EC, also known
The United States is still by far the leading country in defense spending, allocating a sizable portion of its GDP to produce cutting edge military technologies. However recent reports indicate a decline in American exports in military hardware. There are
Mixed signals are recently coming from the Turkish Banking sector. The industry, on the one hand, has recently seen an unprecedented level of volume which is estimated to be USD$ 855 billion to dwarf the economic might of 22 of the 28 EU
The American aerospace and defense industries have recently found themselves in an odd situation of simultaneous growth and decline. To be more precise the non defense related component of the industry; the civilian aviation industries are bent on a cours
One of the most intricate aspects of the United States’ export regime that regulates the export of defense related items is the issue of re-export of the U.S defense items to the third countries. Since the issue has beyond commercial ramifications related
Critical infrastructures are functional structures that provide the essential services that enable the smooth operations of every kind of activities we take for granted. They are the functional foundations of a nation’s economy, security, welfare, and h
Derivatives act a key role in global capital markets through their functionality on hedging the risk. Notwithstanding a stock exchange, OTC (” Over The Counter”) market derivatives’ transactions are directly substantiated between two parties which do not
TTIP, the free trade agreement that is currently being negotiated between the United States and the European Union, if successfully concluded by both parties will create the single most important common market in the world where more than one third of the
International Traffic in Arms Regulations (ITAR) is one of the key components of the United States’ export regime regulating the defense related items and the items that have dual use features. The main purpose of ITAR is to implement the provisions of th
Kustepe Mahallesi, Mecidiyekoy Yolu Caddesi, Trump Towers, Ofis Kule:2 Kat:18, No:12, Sisli Mecidiyekoy, Istanbul, Turkey
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