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News & Insights

January 3, 2018

The Data Protection Authority Publishes the Regulation on Data Controllers Registry

Uncategorized
IT & Communications

Recent Development The Regulation on Data Controllers Registry (the “Regulation”), prepared by the Data Protection Authority (the “Authority”), was published on December 30, 2017. The Regulation entered into force on January 1, 2018. Background The Regulation establishes the obligation to register with the Data Controllers Registry (the “Registry”) provided in Article 16 of the Law […]

November 1, 2017

Regulation on Employee Inventions: New Provisions Favor Employees

Legal Alerts
Employment
Healthcare
Intellectual Property

Recent Development Based on the new Industrial Property Law No. 6769 (the “IP Law”), the new Regulation on Employee Inventions, University Inventions and Inventions Created in State Funded Projects (the “Employee Inventions Regulation”) entered into force on September 29, 2017. With the provisions clarifying employee remuneration amounts and the calculation of such remuneration, as well […]

October 31, 2017

Capital Markets Board to Regulate Crowdfunding

Legal Alerts
Capital Markets

Recent Development In our recent alert dated October 10, 2017, we mentioned that the Capital Markets Board (the “CMB”) will regulate crowd funding. A draft bill submitted to the Parliament sheds light on the details. ​What’s new? The Capital Markets Law No. 6362 (the “Law”) will define crowdfunding, thereby introducing a new type of funding […]

October 30, 2017

Turkey Revises Pricing Rules on Medicinal Products for Human Use

Legal Alerts
Healthcare

Recent Development The Ministry of Health (“MoH“) Communiqué on the Pricing of Medicines for Human Use (the “Pricing Communiqué“) entered into force on September 15, 2017, repealing the previous communiqué of June 15, 2015. The new Pricing Communiqué sets out the implementation principles of the Council of Ministers ‘ Decision No. 2017/9901 on the Pricing […]

October 27, 2017

Major Changes in Labor Proceedings: Mandatory Mediation

Legal Alerts
Employment

Recent Development The Labor Courts Code (the “Code“) was published in the Official Gazette on October 25, 2017 and entered into force. The Law abolished the Law No. 5521 on Labor Courts (“Abolished Law“) and brought numerous amendments. ​What Changes Does the Code Bring? 1. Mediation as a Pre-Condition to a Lawsuit Starting from January 1, […]

October 27, 2017

Turkey Makes Over Cosmetics Sector Guidelines

Legal Alerts
Healthcare

Recent Development The Turkish Medicines and Medical Devices Agency (the “TİTCK”) recently published on its website various new or updated guidelines (collectively the “Guidelines“) regarding the cosmetics sector based on the Cosmetics Law and the Cosmetics Regulation. What’s new? The TİTCK recently published the following Guidelines: the Guidelines on Cosmetotextile Products Version 3.0 (available here […]

October 27, 2017

Collateral Monitoring Improved for Leveraged Transactions

Legal Alerts
Capital Markets

Recent Development The Capital Markets Board (“CMB”) published the Communiqué Amending the Communiqué on the Principles of Investment Services, Activities and Ancillary Services No. III-37.1 in the Official Gazette dated October 20, 2017 and No. 30216. The changes will be effective as of December 25, 2017. ​What’s new? The communiqué defines “Gross Asset” as a […]

October 25, 2017

Borsa Istanbul Continues to Stimulate Markets

Legal Alerts
Capital Markets

Recent Development In our recent alerts dated August 8 and 18, 2017, we explained the implications of the recent changes to the listing requirements of Borsa İstanbul A.Ş. (“Borsa Istanbul”) and its product range. On October 13, 2017, a new amendment to the Borsa Istanbul Listing Directive (the “Directive”) entered into force further relaxing the […]

October 13, 2017

Turkey Updates Guidelines on Package Information, Manuals and Tracking of Medicinal Products for Human Use

Legal Alerts
Healthcare

Recent Development The Turkish Medicines and Medical Devices Agency (the “TİTCK”) recently announced updates to the Guidelines on the Regulation on Package Information, Manuals and Tracking of Medicinal Products for Human Use (the “Guidelines”). The updates concern the requirement to include animal sources in product manuals. Background In April of 2017, the TİTCK published the […]

October 12, 2017

Turkish Patent and Trademark Office Updates Proof of Use Guideline

Legal Alerts
Intellectual Property

New Developments Following the enactment of the Industrial Property Law No. 6769 (“IP Law“) on January 10, 20171, the secondary regulations and guidelines on implementation of the IP Law have been published. One of the new procedures brought with IP Law is requesting proof of use in trademark oppositions.  Turkish Patent and Trademark Office (“TPTO“) […]

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