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Moroğlu Arseven
Turkey has updated classification of goods and services for trademark application purposes, to be compatible with the World Intellectual Property Organization's 11th edition of the Nice Classification.
Moroğlu Arseven
Turkey's Central Bank has updated discount interest rates for commercial papers with expiry periods of three months or more. The revised rates are 8.75% for rediscount transactions and 9.75% for advance transactions.
Moroğlu Arseven
Turkey's Tobacco and Alcohol Market Regulatory Board has increased compliance and service fees by 3.83% for 2017.
Pekin & Bayar
Turkish Capital Markets Board (CMB) has introduced a couple of amendments to its Communiqué on Principles for the Investment Services, Activities and Ancillary Services No. III-37.1...
Kolcuoglu Demirkan Kocakli Attorneys at Law
The decision deals with the question as to whether the arbitral tribunal's failure to refer the calculation of damages to experts constitutes a violation of public policy.
Pekin & Bayar
Commodity finance in Turkish market was a long-standing concern of creditors due to the impracticable legislative ground on movable pledges.
Moroğlu Arseven
The Turkish Ministry of Health ("Ministry") and Social Security Institute ("Institute") announced that according to a new cost savings action plan, pharmaceuticals imported under named-patient sales will occur through the Institute, rather that the Turkish Pharmacists Association ("Association") from 2 May 2017.
Moroğlu Arseven
From 1 January 2017, banks in Turkey are not required to obtain statements of accounts for loans up to one million Turkish Lira.
Moroğlu Arseven
LPG license amendment fees will no longer apply in Turkey for address changes to lots, sections and parcels.
Moroğlu Arseven
Turkey has amended principles for health-related R&D tenders. The changes apply to procurement of R&D services by the Ministry of Health, within the scope of Article 3(f) of Public Tender Act number 4734.
Moroğlu Arseven
Turkey's Energy Market Regulatory Board ("Board") has amended certain requirements for the Petroleum Pipeline Corporation's (BOTAS) operation of the national natural gas transmission pipeline network.
Ersoybilgehan
We refer to our detailed article on the amendments to the Law on Stamp Duty published on our website and bring to your attention a further update on the same subject matter.
Moroğlu Arseven
Distribution companies must apply the subscriber connection fee determined by the Board.
Moroğlu Arseven
In Turkey, electricity consumers are only entitled to choose their electricity suppliers if their energy consumption at the location exceeds a certain threshold ("Eligible Consumers"; more).
Moroğlu Arseven
Turkey has introduced secondary legislation outlining details of major legislative changes to the pledge and assignment regime for commercial transactions.
Moroğlu Arseven
Turkey's Capital Markets Board has amended provisions governing the investments and activities of real estate investment companies.
Moroğlu Arseven
Turkey's Capital Markets Board has expanded the scope of permitted activity for portfolio management companies. With the changes, these companies can now be established to manage both venture capital, as well as real property investment funds.
Moroğlu Arseven
An overview of notable decrees by the Council of Ministers and communiqués by the Ministry of Economy regarding prevention of unfair competition in imports, made during January 2017.
Mazars
Vergi incelemesinde zaman aşımını kesmek için takdir komisyonuna sevk uygulaması hukuka aykırıdır.
ELIG, Attorneys-at-Law
An alternative dispute resolution method is expected to be introduced in Turkey shortly through the Draft Law on Labor Courts ("Draft Law"). The purpose of the Draft Law is to bring a functional and an effective judicial procedure for
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Moroğlu Arseven
Transparency International released its 2016 Corruption Perceptions Index ("CPI") on 25 January 2017. The annual CPI has become one of the most widely recognized indicators of corruption worldwide.
Deris IP Attorneys
Colors and sound marks have been included in the definition of signs which may be protected as a trademark. More importantly, the requirement of capability to be represented graphically...
Erdem & Erdem Law
Such models are structured under project agreements so as to attract lenders, and to provide the opportunity to the project company to obtain financing.
Moroğlu Arseven
The Turkish Constitutional Court has ruled that the Article 14 of Decree Law No. 556 on the Protection of Trademarks ("Trademark Decree Law") is contrary to provisions of the Turkish Constitution.
Deris IP Attorneys
In contrast to practice before the Turkish Patent Institute, the European Patent Office, the Korean Intellectual Property Office, and the World Intellectual Property Organization, . . .
Kolcuoglu Demirkan Kocakli Attorneys at Law
Turkish business environment has seen a great demand from private equity funds and venture capital firms in the last decade.
Guzeloglu Attorneys-at-law
Irrefutably, during the last five decades, the Turkish economy has witnessed the emergence of a blooming market with an unmatched access to major commercial hubs of the world.
Deris IP Attorneys
The Turkish Parliament enacted a totally new IP Law by December 22, 2016. The Law will enter into force once it is approved by the President and published in Official Gazette.
Deris IP Attorneys
Designs which are disclosed to the public in Turkey for the first time shall be protected as a non-registered design for three years as from the date of first disclosure.
ELIG, Attorneys-at-Law
In principle, the board of directors of a joint- stock company is entitled to manage the company. In other words, except for issues that are explicitly among the authorities of the general assembly, the board of directors is authorized to resolve any matter.
ELIG, Attorneys-at-Law
Movable property pledges are regulated under the Turkish Civil Law No. 4721 ("TCL"). The general rule is movable property pledges can only be established by delivery of the property.
Actecon
The Turkish Competition Authority ("TCA"), being quiet active in the previous months, has concluded investigations in a number of cases.
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