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October 18, 2018

Turkey Publishes Draft Regulation on Medical Devices

Legal Alerts
Healthcare

Recent Developments The Turkish Medicines and Medical Devices Agency (“TİTCK“) recently published on its website the draft Regulation on Medical Devices (“Regulation“). Within the scope of harmonization with EU legislation, the Regulation is based on the EU Directive No. 2017/745 (“Directive“). The TİTCK will collect public opinion for the Draft Regulation until December 16, 2018. […]

October 17, 2018

Details of Conversion into Turkish Lira in Employment Agreements Clarified

Legal Alerts
Employment

Recent Development The Ministry of Treasury and Finance (“Ministry”) published a press release regarding agreements denominated in foreign currencies or indexed to foreign currencies. The press release includes answers to frequently asked questions (“FAQs”). The press release clarified the currency conversion process for employment agreements. The FAQs provide a sample calculation for the conversion of […]

October 17, 2018

Data Controllers’ Registry Open for Registrations

Legal Alerts
IT & Communications

Recent Developments The Data Protection Authority launched the Data Controllers’ Registry (“VERBİS“) on October 1, 2018, enabling data controllers subject to the registration requirements under the Regulation on the Data Controllers’ Registry to fulfill their obligations through the online system. What’s New? Pursuant to Article 16 of Law No. 6698 on the Protection of Personal […]

October 16, 2018

Ministry of Trade Publishes Communiqué on the Use of Domestic Production Logos on Product Price Tags

Legal Alerts
International Commercial and Trade

Recent Development The Ministry of Trade (“Ministry“) published the Communiqué on the Use of Domestic Production Logos on Product Price Tags (“Communiqué“) in the Official Gazette on October 5, 2018. The Communiqué requires the use of domestic production logos on the labels and price lists of the goods that are produced in Turkey and offered […]

October 15, 2018

Changes to the Administrative Sanctions Regulation of the Information Technologies and Communication Authority

Legal Alerts
IT & Communications

Recent Development The Information and Communication Technologies Authority (“BTK“) made several amendments to the Regulation on Administrative Sanctions (“Regulation“). The amendments were entered into force and published in the Official Gazette No. 30550 on 29 September 2018. What’s New? Before the amendment, administrative fines for Calling Line Identification (CLI) violations were limited to a maximum […]

October 15, 2018

Ministry of Treasury and Finance Publishes Turkish Lira Conversion Calculation for Agreements Denominated in Foreign Currency

Legal Alerts
Real Estate

Recent Development The Ministry of Treasury and Finance (“Ministry”) published a press release regarding agreements denominated in foreign currencies or indexed to foreign currencies. The press release includes answers to frequently asked questions (“FAQs”). The FAQs provide a sample calculation for the conversion of foreign currency payments into Turkish lira including the calculation of the […]

October 15, 2018

FX Payment Ban in Employment Agreements

Legal Alerts
Employment

Recent Development The amendments to the Decree No. 32 Regarding the Protection of the Value of the Turkish Currency (“Decree No. 32“) published in the Official Gazette on September 13, 2018 introduced a ban on FX and FX-indexed payments for employment agreements executed between Turkish residents. Following the entry into force of these restrictions, the […]

October 11, 2018

Turkey Publishes Draft Regulation Regarding RTÜK Supervision of Internet Content

Legal Alerts
Intellectual Property
IT & Communications
Tax

Recent Development Subsequent to the recent amendments to the Law No. 6112 on the Establishment of Radio and Television Enterprises and Media Services (“Broadcasting Law“), the Radio and Television Supreme Council (“RTÜK“) and the Turkish Telecommunications Authority (“BTK“) have been working on the draft Regulation on the Presentation of Radio Television and On-Demand Publications on […]

October 10, 2018

FX Payment Ban for Resident and Roofed Workplace Lease Agreements Explained in Eight Questions

Legal Alerts
Real Estate

Recent Development The Ministry of Treasury and Economy (“Ministry”) Communiqué No. 2008-32/34 on the Decree No. 32 Regarding Protection of the Value of the Turkish Currency (“Communiqué”) with regard to the Decree No. 32 Regarding the Protection of the Value of the Turkish Currency introduced a ban on FX payment (“Decree No. 32”) was published […]

October 7, 2018

Exemptions to FX Payment Ban Announced

Legal Alerts
Banking & Finance

Recent Development The amendments to the Decree No. 32 Regarding the Protection of the Value of the Turkish Currency (the “Decree No. 32“) published in the Official Gazette on September 13, 2018 introduced a ban on FX and FX-indexed payments for certain agreements between Turkish residents. The Ministry of Treasury and Economy (the “Ministry“) was […]

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