Turkey: Recent Keynotes Of June 2019

Resolutions of the President

  • The Resolution (No: 1130) on the Amendment to the Resolution on the Application of Additional Financial Obligation on the Import of Certain Goods Originating in the United States of America was published in the Official Gazette dated 22.05.2019 and numbered 30781. This Resolution enters into force on 21.05.2019.
  • The Resolution (No: 1144) on the Amendment to the Additional Decision of the Decision on the Import Regime entered into force through publication in the Official Gazette dated 14.06.2019 and numbered 30801.
  • The Resolution (No: 1148) on the Amendment to the Resolution of the Council of Ministers dated 14.05.2018 and numbered 2018/11750 entered into force through publication in the Official Gazette dated 15.06.2019 and numbered 30802.
  • The Resolution (No: 1149) on the Amendment to the Additional Resolution of the Resolution of the Council of Ministers dated 28.08.1998 and numbered 98/11591 on the Determination of the Ratios of Bank and Insurance Transactions Taxes in Article 33 of the Law on Expense Taxes, dated 13.07.1956 and numbered 6802, was published in the Official Gazette dated 15.06.2019 and numbered 30802. This Resolution enters into force on the day following the date of publication.

Legislation

  • Law numbered 7172 on the Approval of the Ratification of the Protocol on Amendments to the Air Transportation Agreement Concluded between the Governments of the Republic of Turkey and the Republic of Uzbekistan on 23.06.1994 entered into force through publication in the Official Gazette dated 22.05.2019 and numbered 30781.
  • Law numbered 7173 on the Approval of the Ratification of the Agreement on Reciprocal Incentive and Protection of the Investments between the Governments of the Republic of Turkey and the Republic of Kirghiz entered into force through publication in the Official Gazette dated 22.05.2019 and numbered 30781.
  • The Communiqué (No: 2019/17) on the Prevention of Unfair Competition in Importation entered into force through publication in the Official Gazette dated 23.05.2019 and numbered 30782.
  • The Regulation on the Amendment to the Customs Regulation was published in the Official Gazette dated 24.05.2019 and numbered 30783. Various provisions of this Regulation enter into force on different dates.
  • The Communiqué on Annulment of the Communiqué on Application of the Resolution regarding Collection of Additional Financial Obligations on the Import of Certain Goods Entered Into Force Through the Resolution of Council of Ministers numbered 2017/10926 entered into force through publication in the Official Gazette dated 24.05.2019 and numbered 30783.
  • The Communiqué (Import: 2017/4) on Annulment of the Communiqué regarding Rules and Procedures with regard to the Application of Additional Import Custom Taxes entered into force through publication in the Official Gazette dated 24.05.2019 and numbered 30783.
  • Communiqués (No: 2019/14 and No: 2019/18) on the Prevention of Unfair Competition in Importation entered into force through publication in the Official Gazette dated 25.05.2019 and numbered 30784.
  • The Communiqué (No: 2019/9) on Amendment to the Communiqué on Required Reserves (No: 2013/15) was published in the Official Gazette dated 28.05.2019 and numbered 30787. This Communiqué entered into force on its publication date and became effective as of 17.05.2019.
  • The Regulation on the Starting Procedure of the Legal Proceedings on the Pecuniary Claims Arising from Subscription Contracts was published in the Official Gazette dated 29.05.2019 and numbered 30788. This Regulation enters into force on 01.06.2019.
  • The Communiqué (Serial: VIII, No: 51) on Amendment to the Communiqué (Serial: VIII, No: 78) as to the Rating Activities in the Capital Markets and Principles on Rating Agencies entered into force through publication in the Official Gazette dated 30.05.2019 and numbered 30789.
  • The General Communiqué (No: 507) on Tax Procedure Law entered into force through publication in the Official Gazette dated 01.06.2019 and numbered 30791.
  • The Communiqué (No: 2019/19) on the Prevention of Unfair Competition in Importation entered into force through publication in the Official Gazette dated 07.06.2019 and numbered 30794.
  • The Tariff of Advance on Expenses of Concordat entered into force through publication in the Official Gazette dated 13.06.2019 and numbered 30800.
  • The Communiqué (Customs Transactions) (Serial No: 159) on the Amendment to the Customs General Communiqué (Customs Transactions) (Serial No: 98) entered into force through publication in the Official Gazette dated 13.06.2019 and numbered 30800.
  • The Communiqué on the Amendment to the General Communiqué on Public Tenders entered into force through publication in the Official Gazette dated 13.06.2019 and numbered 30800.
  • The Regulation on the Amendment to the Regulation on Insurance Arbitration entered into force through publication in the Official Gazette dated 15.06.2019 and numbered 30802.
  • The Regulation on the Amendment to the Electricity Market Import and Export Regulation entered into force through publication in the Official Gazette dated 15.06.2019 and numbered 30802.
  • The Communiqué on Supervision in Imports (No: 2019/2) was published in the Official Gazette dated 15.06.2019 and numbered 30802. This Communiqué enters into force on the 30th day following the date of its publication.
  • The General Communiqué on Collection (Series: B Sequence No: 12) entered into force through publication in the Official Gazette dated 18.06.2019 and numbered 30805.
  • The Regulation on Personal Medical Data entered into force through publication in the Official Gazette dated 21.06.2019 and numbered 30808.

Competition Board Decisions

  • The Competition Board ("Board") granted individual exemption to the Frame Agreement signed between JTI Yaprak Tütün Sanayi ve Ticaret A.Ş., Prestij Tütün Sanayi ve Ticaret A.Ş. and İsmet ÇAKIN. (19-07/81-33, 13.02.2019)
  • The Board decided not to initiate an investigation on the claim that the franchise agreement signed between Bfit Sağlık ve Spor Yatırım ve Tic. A.Ş. and the complainant has unlawful provisions. (19-06/64-27, 07.02.2019)
  • The Board decided not to initiate an investigation in consequence of analyzing the price increases in the fertilizer sector. (19-08/96-39, 21.02.2019)
  • The Board decided not to initiate an investigation regarding the predatory pricing of Habaş Sınai ve Tıbbi Gazlar İstihsal Endüstrisi A.Ş. (19-11/125-53, 07.03.2019)
  • The Board decided not to initiate an investigation on the claim that ready-mixed concrete companies that operate in Yozgat have violated Law numbered 4054 by setting prices. (19-12/145-66, 13.03.2019)

Mergers and Acquisitions

  • The Board authorized the acquisition of the sole control over Ekol Lojistik A.Ş. by Ahmet MUSUL. (19-10/118-49, 28.02.2019)
  • The Board authorized the acquisition of the sole control over Coty Inc. by JAB Cosmetics B.V., the indirect subsidiary of JAB Holding Company S.a.r.l, via Cottage Holdco B.V. (19-12/140-63, 13.03.2019)
  • The Board authorized the acquisition of all of the shares of INVISTA Resins & Fibers GmbH by Indorama Ventures Pcl via its subsidiary company, Indorama Netherlands B.V. (19-10/110-43, 28.02.2019)
  • The Board authorized the acquisition of some assets of Baylas Otomotiv A.Ş. regarding the sale of Citroen brand vehicles, and the service provided to these vehicles, by Groupe PSA Otomotiv Pazarlama A.Ş. (19-12/143-64, 13.03.2019)

Energy

  • The Energy Market Regulatory Authority ("EMRA") Decisions dated 05.2019 and numbered 8587 and 8589 entered into force through publication in the Official Gazette dated 21.05.2019 and numbered 30780.
  • The EMRA Decision dated 05.2019 and numbered 8591 entered into force through publication in the Official Gazette dated 22.05.2019 numbered 30781.
  • The EMRA Decisions dated 05.2019 and numbered 8631-3, 8634, 8636, 8637, 8638, 8639, 8640, 8646 and 8647-2 entered into force through publication in the Official Gazette dated 01.06.2019 numbered 30791.
  • The EMRA Decision dated 05.2019 and numbered 8601-2 entered into force through publication in the Official Gazette dated 15.06.2019 numbered 30802.

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