News and Publications

The Turkish Competition Authority announced last week that it has launched an investigation into the economic unity which consists Türk Telekom A.Ş. and TTNET A.Ş. (“TTNET”). The investigation is launched following a preliminary investigation where a complainant alleged that […]

Turkey’s Environmental and Urbanisation Ministry has introduced new principles for wind and solar power plants (“WPP” and “SPP” respectively). The rules outline restrictions on existing and new generation facilities in protected natural areas, as well as criteria where the […]

Turkey’s Public Oversight, Accounting and Auditing Standards Authority (“Authority”) has softened restrictions for individuals working as independent auditors. The new rules clarify the prohibition on individual auditors which prevents them from working for or being a shareholder, manager or […]

Turkey’s Tobacco and Alcohol Market Regulatory Board has increased compliance and service fees by 3.83% for 2017. Increases apply to compliance and service fees for Certificates of Compliance for building new facilities, as well as Project Alterations for the […]

Turkey’s Ministry of Customs and Trade (“Ministry”) has added the “World Customs Organization Harmonized System’s Classification Decisions” to the Customs General Communiqué Serial No: 24, in an effort to ensure uniform enforcement of Turkish Customs Tariffs. The products that […]

Turkey’s Capital Market Board (“Board”) has continued amendments for real estate matters (more), now focusing on real estate certificates. Changes apply to rights and obligations for both issuers and holders of such certificates. A two-year fee waiver is introduced […]

The Turkish Competition Authority recently published a decision about a negative clearance/individual exemption application for an agreement between two competing insurance companies. The Competition Board’s (“Board”) decision signals that co-insurance and re-insurance agreements between competitors should be considered competition […]

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 March 2017. Expiry Review Investigation Launched Into Anti-Dumping Duty on Chinese Air Conditioners […]

Turkey’s energy regulator has updated the electricity market license regulatory regime. The changes relate to integration of general principles for production licenses and pre-licenses for Renewable Energy Resource Areas (“RERA”) within the existing licencing regime (more). The Energy Market […]

Turkey has updated its regulatory regime for food labelling and nutrition information, to become in line with the European Union’s approach. The new regulations outline responsibilities, mandatory label information, as well as certain limits on nutrition claims. Two pieces […]