A range of legislative changes have been made in Turkey within
the scope of the 90 days of State of Emergency declared throughout
the country on 21 July 2016. Notable aspects include the Presidency
of Telecommunication and Communication being closed down, measures
introduced for assets transfers from closed institutions to
government bodies, as well as the suspension period being extended
to 30 days for transactions suspected of being related to money
laundering or terror financing.
Presidency of Telecommunication and Communication
Many amendments have been made to the Law No. 5651 on Regulation
of Publications on the Internet and Suppression of Crimes Committed
by Means of Such Publications.
The Presidency of Telecommunication and Communication was
previously authorized to determine and listen to communication
conducted via telecommunications. However, the body has now been
closed down, with all duties and authority moved to the Information
and Communication Technologies Authority.
Measures for assets of institutions have been closed and
transferred to the General Directorate for Foundations or
Many institutions, entities, private radio and television
channels, newspapers, magazines, publishing houses and distribution
channels have been closed down after the coup attempt.
The activities of these entities have ceased and they will be
deregistered from the trade registry. The assets of these
institutions apart from those transferred by the General
Directorate for Foundations or the Ministry of Finance will be
deemed as transferred to the Treasury without any charge.
Parties who are owed debts or obligations by these closed
institutions can apply to the General Directorate for Foundations
or the Ministry of Finance by 16 October 2016, supplying convincing
records, papers and documents to support their claim.
The General Directorate for Foundations and Ministry of Finance
are respectively authorized to determine the movables, immovable,
assets, receivables, rights, documents and records for closed
institutions (transferred assets). They can also designate the
scope of assets as deemed fit, together with administration and
actual transfer of assets to public bodies.
Suspension Period for Suspicious Transactions Extended to
The Minister of Finance is authorized to suspend a transaction
for seven working days if it is suspected of being connected to
money laundering or terror financing. The suspension period has
been extended to 30 working days during the State of Emergency,
without needing any further court decision.
Please see these links for the full text of relevant legislation
(only available in Turkish).
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