News and Publications

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. Changes apply to time limits for End of Day Trade, notifications regarding capacity transfers […]

Turkey’s Constitutional Court recently considered a claim that unclear statements in a lower court’s decision about a party’s final date of employment had breached his constitutional right to a fair trial. The Constitutional Court upheld the employee’s claim, holding […]

Turkey’s Energy Market Regulatory Authority (“Authority”) has introduced changes to official names, types and Custom Tariff Statistics Position (“CTSP”) numbers, as well as classifications for marketable petroleum products. The Authority has also announced official names for marine and aviation […]

Turkey has updated the financial support scheme which is available to the foreign entities of Turkish companies. The scheme offers support packages for rental of stores, warehouses, offices, showrooms, product display/exhibition areas, as well as promotion activities undertaken by […]

Certain public companies owned and partially owned by the Turkish Treasury have been transferred to the recently established Sovereign Wealth Fund (more). In addition, 3 billion Turkish Lira which was previously owned or used by the Defence Industry Support […]

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 February 2017. Anti-Dumping Duty Will Continue For Chinese Imports of Flux-Cored Wires for […]

Turkey has changed merger control requirements for mergers and acquisitions. Changes introduce new circumstances when parties can notify the Competition Board (“Board”) after a transaction has realized. Certain transactions within a three-year period will now be viewed as a […]

Turkey’s Energy Market Regulatory Board (“Board”) has announced procedures and principles for natural gas connection and service fees, as well as maximum connection rates and service fees for 2017. Decisions numbered 6807 and 6810 were issued on 26 December […]

Turkey’s Ministry of Customs and Trade (“Ministry”) has increased the monetary limits for disputes which can be bought to consumer arbitration boards. Administrative fines under the Consumer Protection Law No: 6502 will also increase 3.83% from 1 January 2017. […]

Turkey has amended legislative arrangements for electricity consumer tariffs. Changes apply to pricing methods for consumers to use electricity distribution systems, expanded definitions for technical and non-technical electricity leakage and losses (now including losses caused by illegal uses), as […]