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By Faruk Aktay, Dr. Eren Gunay, Tutku Sen
On November 16, 2018, Turkish Competition Board ("Board") announced its final decision on the formal investigation of
By Faruk Aktay, Tutku Sen
The Banking Regulation and Supervision Agency ("BRSA") on 21th of November 2018 published recent amendments in relation to the Regulation on Restructuring of Debts Owed to Financial Sectors in the Official Gazette.
By Faruk Aktay
Ministry of Finance and Treasury published a communiqué numbered 2018-32/52 amending Article 8 of Communiqué No: 2008/32-34, which regulates matters related to the restrictions imposed on ...
By Aktay Legal
İşbu bilgi notu, mevzuattaki değişiklikler ışığında, Türkiye'deki döviz kredisi rejimi altında, sınır ötesi şirketler arası döviz kredisi kuralları özelinde detaylı bilgi sunmaktadır.
By Aktay Legal
This memorandum provides detailed information on the foreign currency ("FX") denominated loan ("FX Loan") regime in Turkey with a special focus on cross-border intercompany loans, in light of recent changes in the applicable legal framework.
By Faruk Aktay, Selin Sınar
Under the provisions of the Land Registry Law No. 2644, acquisition of an immovable property in Turkey is possible for foreign real persons and entities; however, there are also certain restrictions.
By Faruk Aktay, Selin Sınar
Pursuant to the Regulation on the Implementation of Turkish Citizenship Law ("Regulation") published in the Official Gazette dated 6 April 2010 and numbered 27544, in the event of exceptional circumstances,
By Faruk Aktay, Dr. Eren Gunay, Selin Sınar
Ministry of Finance and Treasury ("Ministry") published a communiqué ("Communiqué") amending Article 8 of Communiqué No: 2008/32-34, which regulates matters left to the Ministry's discretion by Decree No: 32 on Protection of the Value of Turkish Currency ("Decree").
By Faruk Aktay, Selin Sınar
Decree No. 32 regarding the Protection of the Value of the Turkish Lira has been amended by the new presidential decree dated 12/08/2018 in respect of Amending to Decree No. 32 on the Protection of the Value of the Turkish Lira
By Faruk Aktay
Yatırım ortamının iyileştirilmesi amacına hizmet eden hukuksal süreçler için oluşturulan 7101 sayılı İcra ve İflas Kanunu ve Bazı Kanunlarda Değişiklik Yapılması Hakkında Kanun 15 Mart 2018 Tarihli ve 30361 Sayılı Resmî Gazete Resmî Gazete yayımlanmıştır.
By Faruk Aktay
A guide to the assessment of negative clearance and exemption under Turkish Competition Law.
By Dr. Eren Gunay, Faruk Aktay
Article 7 of the Law prohibits merger or acquisition transactions which establish or reinforce a dominant position resulting in significant reduction in competition in the market for some good or service in part or whole Turkey.
By Faruk Aktay
Joint ventures ("JVs") are one of the most frequently used legal vehicles in the business world especially for cross-border operations. JVs can be defined as partnerships whereby two or more real persons or legal entities combine their services and assets with a view to achieving a common purpose.
By Faruk Aktay, Dr. Eren Gunay
On August 11, Turkish Competition Authority announced that it has reached a verdict on its preliminary investigation into the poultry production sector, pursuant to complaints claiming abuse of Article 4 of Law 4054 On the Protection of Competition.
By Faruk Aktay, Dr. Eren Gunay
Sahibinden has been subject of a preliminary inquiry in response to allegations of excessive pricing of corporate memberships for vehicle listings in 2014, but TCA ruled on February 19, 2015 that there was no cause to pursue formal inquiries against the company.