Business Law and Corporate Law

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Article
Newsletter On Shareholding Disclosures And Free-Float Shares
Turkey's Capital Markets Board has introduced new disclosure thresholds and free-float calculation methodologies that will fundamentally reshape transparency requirements for publicly traded companies. The regulatory changes lower material event disclosure thresholds from 5% to 3% and establish comprehensive daily monitoring of shareholding structures through the Central Securities Depository.
Turkey Commercial
BO
Bener Law Office
Article
Sermaye Piyasasi Kurulu’nun Halka Açik Şirket Pay Devirlerine İlişkin Yeni Düzenlemesi Hakkinda Bilgi Notu
Sermaye Piyasası Kurulu (“SPK”), 28.08.2026 tarihli ve 52/1589 sayılı kararı (“Karar”) ile VII-128.1 sayılı Pay Tebliği’ne (“Pay Tebliği”) atıfla, payları Borsada işlem gören ortaklıkların belirli pay sahipleri tarafından gerçekleştirilecek Borsa dışı pay devirlerine ilişkin yeni esaslar belirlemiştir. Pay Tebliği’nin 27. maddesi, belirli nitelikteki pay sahiplerinin herhangi bir 12 aylık dönemde ortaklık sermayesinin %10’unu aşan pay satışlarını Borsada gerçekleştirmeden önce SPK onaylı pay satış bilgi formu düzenlemelerini öngörmektedir.
Turkey Commercial
OA
Ozbilen Aykut Attorney Partnership
Article
Information Note On The Capital Markets Board’s New Regulation Regarding Share Transfers In Publicly Held Companıes
The Capital Markets Board (“CMB”), by its decision dated 28.08.2026 and numbered 52/1589 (“Decision”), has introduced new principles regarding off-exchange share transfers to be carried out by certain shareholders of companies whose shares are traded on the stock exchange, with reference to the Communiqué on Shares No. VII-128.1 (“Communiqué on Shares”).
Turkey Commercial
OA
Ozbilen Aykut Attorney Partnership
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Curated
Doğal Gaz Piyasasında Lisans Sahibi Şirketlerde Doğrudan Ve Dolaylı Pay Devirlerinde EPDK Onayı
Doğal gaz piyasasında lisans sahibi bir şirketin paylarının devri, yalnızca Türk Ticaret Kanunu çerçevesinde tamamlanacak bir şirketler hukuku işlemi değildir. Doğrudan veya dolaylı pay edinimleri, belirli oranların aşılması ya da altına düşülmesi, imtiyaz ve intifa hakkı tesis edilmesi gibi hâllerde işlem öncesinde EPDK onayı gerekebilir.
Turkey Commercial
SO
Sakar Law Office
Curated
EMRA Approval For Direct And Indirect Share Transfers In License-Holding Companies In The Natural Gas Market
The transfer of shares in a license-holding company operating in the natural gas market is not merely a corporate law transaction to be completed under the Turkish Commercial Code. Prior approval from the Energy Market Regulatory Authority may be required where, among other matters, direct or indirect share acquisitions cross above or below specified thresholds or privileges or usufruct rights are created.
Turkey Commercial
SO
Sakar Law Office
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Article
Newsletter On Shareholding Disclosures And Free-Float Shares
Turkey's Capital Markets Board has introduced new disclosure thresholds and free-float calculation methodologies that will fundamentally reshape transparency requirements for publicly traded companies. The regulatory changes lower material event disclosure thresholds from 5% to 3% and establish comprehensive daily monitoring of shareholding structures through the Central Securities Depository.
Turkey Commercial
BO
Bener Law Office
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Article
Commitments And Changing Market Conditions: The Yemeksepeti Case
The Turkish Competition Board has partially lifted commitments previously imposed on Yemeksepeti, finding that the online food delivery market has evolved from a near-monopoly to a competitive multi-player environment. This decision examines how binding commitments may be reassessed when market conditions materially change, and explores the treatment of most-favoured-nation clauses under both antitrust and abuse of dominance provisions.
Turkey Anti-trust
MA
Moroglu Arseven
Article
Tahkimde Hakemlerin Bağımsızlık Ve Tarafsızlığının Sağlanması Konusunda Şeffaflığa İlişkin Türk Tahkim Akademisi Kılavuz İlkeleri’nin Değerlendirilmesi
Türk Tahkim Akademisi (“TTA”), 5 Nisan 2021 tarihinde Cumhurbaşkanlığı Genel Sekreterliği, İbn Haldun Üniversitesi ve İstanbul Ticaret Üniversitesi arasında imzalanan “Tahkim Akademisi İş Birliği Protokolü” kapsamında kurulmuştur. TTA çatısı altında hazırlanan “Tahkimde Hakemlerin Bağımsızlık ve Tarafsızlığının Sağlanması Konusunda Şeffaflığa İlişkin Kılavuz İlkeler” (“TTA Kılavuz İlkeleri”), İstanbul Finans Merkezi’nde düzenlenen bir törenle İstanbul Tahkim Merkezi (“ISTAC”), İstanbul Ticaret Odası Tahkim ve Arabuluculuk Merkezi (“İTOTAM”), Türkiye Odalar ve Borsalar Birliği (“TOBB”) ve Enerji Uyuşmazlıkları Tahkim Merkezi (“EDAC”) tarafından
Turkey Litigation
Altay Law Office
Article
An Assessment Of The Turkish Arbitration Academy’s Guidelines On Transparency In Ensuring The Independence And Impartiality Of Arbitrators In Arbitration
The Turkish Arbitration Academy (“TTA”) was established within the framework of the “Arbitration Academy Cooperation Protocol” signed on 5 April 2021 between the Secretariat of the Presidency of the Republic of Türkiye, Ibn Haldun University, and Istanbul Ticaret University. The “Guidelines on Transparency in Ensuring the Independence and Impartiality of Arbitrators” prepared under the umbrella of TTA (“TTA Guidelines”), were signed by Istanbul Arbitration Centre (“ISTAC”), Istanbul Chamber of Commerce Arbitration and Mediation Center (“İTOTAM”), Union of Chambers and Commodity Exchanges of Türkiye (“TOBB”), and Energy Disputes Arbitration Center (“EDAC”) at a ceremony held at the Istanbul Finance Center and were published on 7 November 2025 (TTA Guidelines, pp. 1–8).
Turkey Litigation
Altay Law Office
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Article
Quick Read: Competition Law Updates In Türkiye – August 2026
The Turkish Competition Authority has issued several significant decisions in August 2026, including conditional approval of Paramount's acquisition of Warner Bros., acceptance of commitments from ETS Tur regarding exclusivity practices in tourism, and administrative fines against Babymall for vertical restrictions. New investigations have been launched into TEVA's patent strategies and information exchange in plant protection markets, while the preliminary pharmaceutical sector inquiry highlights competiti
Turkey Anti-trust
KST LAW
Article
The Turkish Competition Authority Releases A Leading Food Delivery Platform From Most Of Its Binding Commitments Following The Loss Of Its Dominance, But Keeps The Narrow Price Parity Commitment In Place For Two More Years
This article examines the Turkish Competition Board’s (“Board”) Yemek Sepeti Decision[1] (“Decision”), assessing a request for the removal of commitments made binding in 2021, under the “material change” condition of Article 43(4)(a) of Law No. 4054 on the Protection of Competition (“Law No. 4054”).
Turkey Anti-trust
P
Paksoy
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