News & Insights

Search with filters

For further information,
please contact:

News & Insights

August 20, 2019

TİTCK Announces Amendments to Cosmetics Regulation

Legal Alerts
Healthcare

Recent Development The Turkish Medicines and Medical Devices Agency (“TİTCK“) announced that it is currently working on an amendment to the Cosmetics Regulation (“Regulation“). The amendment adds new substances to Annexes II, III, V and VI of the Cosmetics Regulation for harmonization with the EU Regulations 2018/1847, 2019/680, 2019/681 and 2019/698, all of which amended […]

August 9, 2019

Ministry of Treasury and Finance Granted New Investment Authorities

Legal Alerts
Mergers & Acquisitions

Recent Development The Presidential Decree on Amendments to Certain Presidential Decrees was published on the Official Gazette on August 7, 2019 (“Decree“). The Decree revises and amends the authorities and duties of the ministries and departments within the organization of the Presidency, including the Ministry of Treasury and Finance (“Ministry“). What Does the Decree Say? […]

August 9, 2019

New Amendments to the Investment Incentive Legislation

Legal Alerts
Tax

Recent Developments Important amendments were made to the investment incentives legislation through The “Presidential Decree No. 1402 Amending the Decision on Subsidies in Investments” (“Decree No. 1402“) and The “Presidential Decree No. 1403 Amending the  Decision on Supporting Investments on a Project Basis” (“Decree No. 1403“), both published in the Official Gazette No. 30855 dated […]

August 8, 2019

Turkey Publishes Industrial Zones Regulation

Legal Alerts
Real Estate

Recent Development The Ministry of Industry and Technology (“Ministry“) published the Regulation on the Industrial Zones (“Regulation“) in the Official Gazette on August 6, 2019. The Regulation contains detailed provisions on the establishment, management and operation of mixed/specialized industrial zones, exclusive investment sites and private industrial zones. What’s New? Mixed/Specialized Industrial Zones Specialized industrial zones […]

August 8, 2019

Cosmetics Safety: Turkey Continues Cracking Down on Unsafe and Non-Compliant Cosmetic Products

Legal Alerts
Healthcare

Recent Developments The Turkish Medicines and Medical Devices Agency (“TİTCK”) recently announced the results of its cosmetics sector market surveillance and inspection conducted between April and June 2019. Of the 225 cosmetic products inspected by the TİTCK’s Cosmetics Supervision Department, 76 were non-compliant and 13 were unsafe. A total fine of TRY 510,491 (approximately USD […]

August 8, 2019

Amendments to the Regulation Regarding Media Organizations’ Commercial Communication Revenue

Legal Alerts
IT & Communications

Recent Development The Radio and Television Supreme Council (“RTÜK“) amended the Regulation on the Supervision of Media Service Providers’ Commercial Communication Revenue and Revenue Declaration and Collections Payable to the Supreme Council (“Regulation“) on August 1, 2019. Pursuant to the amendments, the commercial communication revenues of media service providers holding a license for broadcasting services […]

August 2, 2019

RTÜK Publishes Regulation on the Presentation of Radio, Television and On-Demand Broadcasting on the Internet

Legal Alerts
IT & Communications

Recent Development The Radio and Television Supreme Council (“RTÜK“) published the Regulation on the Presentation of Radio, Television and On-Demand Broadcasting on the Internet (“Regulation“) in the Official Gazette on August 1, 2019. The Regulation provides detailed provisions regarding broadcast services, broadcasting transmission, the broadcasting license and transmission authorization, as well as the supervision of […]

August 2, 2019

TİTCK Publishes Guidelines for Renewal of Manufacturing Site Permits

Legal Alerts
Healthcare

Recent Developments The Turkish Medicines and Medical Devices Agency (“TİTCK”) published the Guidelines for the Renewal of Manufacturing Site Permits on July 19, 2019 (“Guidelines”). The Guidelines aim to provide guidance for companies regarding their applications to the TİTCK for the renewal of manufacturing site permits. What’s New? In 2017, the TİTCK started to issue […]

August 1, 2019

Amendments to Price Tag Regulation and the 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“) introduced amendments to the Price Tag Regulation (“Regulation“) and the Communiqué on the Use of Domestic Production Logos on Product Price Tags (“Communiqué“) on July 27, 2019. The Ministry’s amendments unified the provisions of the Regulation and the Communiqué and revised the provisions regarding the obligation to place […]

July 31, 2019

Court Of Appeals Disambiguates Penalty Clauses in Employment Agreements

Legal Alerts
Employment

Recent Development The Court of Appeals’ General Assembly of Civil Chambers on the Unification of Decisions ruled in its decision dated March 8, 2019 and No. 2017/10 E. – 2019/1 K. that with respect to an employment agreement executed as definite-term but deemed an indefinite-term agreement due to the absence of an objective reason, the […]