News and Publications

Turkey has announced secondary legislation outlining details for the newly introduced automatic private pension scheme, which will take effect from 1 January 2017 (more). The details particularly address employer obligations for participating in the scheme, as well as dealing […]

Turkey’s Energy Market Regulatory Authority (“EMRA”) has introduced rules and establishment processes for distribution companies to now be permitted to distribute natural gas to districts located outside their existing natural gas distribution licenses, which have populations over ten thousand […]

Turkish legislation requires projects in the 2015 Investment Program’s additional investment list, as well as projects which are predicted to extend for more than one year and whose allocation is paid in lump sum, to only begin if the […]

First published in the IBA Antitrust Committee newsletter, December 2016. This year was busy for the Turkish Competition Authority (the ‘Authority’) and indications suggest this investigation-focused workload will continue into 2017. Among many other things, there have been significant […]

Turkey’s energy regulator has updated the natural gas regulatory regime. The updated regulations include general tariff principles, as well as procedures and principles for preparing, inspecting, approving, publishing and revising natural gas tariffs. The Energy Market Regulatory Authority (“EMRA”) […]

Turkey’s Ministry of Finance (“Ministry”) has amended secondary legislation to reflect recent changes to reporting requirements for suspicious transactions. Notification obligations apply to a wide range of entities, involved in both completed and attempted transactions (more). Such entities must […]

Turkey has taken a series of new measures involving companies and public institutions in the wake of the State of Emergency declared on 21 July 2016. Notable recent measures include shifting trustee duties for entities deemed to be connection […]

Turkey’s Ministry of Food, Agriculture and Livestock (“Ministry”) has published a Communiqué intended to encourage agriculture investments between 2016 and 2020. It outlines procedures and principals to improve rural incomes and develop capacity in rural communities. The Communiqué includes […]

Turkey’s Ministry of Energy and Natural Resources has prohibited unlicensed electricity generation applications for sites which are currently also in the application process for a production license or pre-license based on wind power. Such applications will be rejected and […]

Turkey has introduced regulations for manufacturing, categorizing, distributing and importing pyrotechnic substances. The new rules require pyrotechnic substances meet minimum composition and labeling standards, as well as comply with related European Union and international standards. The Regulation on Certification, […]