Insights

The EU Deforestation Regulation (EUDR), which comes into force in 2023, aims to stop deforestation-related products from entering the EU market.

12.03.2024 tarih ve 32487 sayılı Resmi Gazete’de yayımlanan 6698 sayılı Kişisel Verilerin Korunması Kanununa ilişkin değişiklikler, 01.06.2024 tarihinde yürürlüğe girecektir. Bültenimizde söz konusu kanun hakkında yapılan değişiklikleri özetle sizlere aktarmak isteriz.

We are proud to announce that our co-founder, Nafiz Özgür Rifaioğlu, has been appointed as a Member of the Arbitration Board of the Turkish Football Federation. We wish him all the best in this important role and hope it will be beneficial for both him and Turkish football.

As Verda Law, we provided legal consultancy services during the public offering of Onur Yüksek Teknoloji A.Ş. shares and their listing on Borsa İstanbul.

Tek bir dünyada yaşıyor olmamız bilincinin uyanması ve yaygınlaşması, daha geniş anlamıyla küreselleşmenin ulaştığı aşama, evrensel bir hukuk oluşturma düşüncesini oldukça hızlandırmıştır.

We have successfully completed an exciting process with our esteemed client, with whom we have been working for a long time.

According to the report published by the Court of Auditors of the European Union on September 16, 2024, the “EU revenue system based on non-recycled plastic packaging waste” is not working properly.

26.08.2024 tarihinde Kişisel Verileri Koruma Kurumu tarafından ‘’Rastgele Numara Çevirme Yöntemi’’ ile kişisel veri işleme faaliyetlerine ilişkin önemli bulgular içeren kamuoyu duyurusu yayımlanmıştır.

In its Bulletin No. 2024/48 dated September 19, 2024, the Capital Markets Board (SPK) published a new Principle Decision regarding crypto-assets.

The Communiqué (III-52.4.C) on Amendments to the Communiqué (III-52.4) On Principles of Venture Capital Investment Funds ("Amendment") was published in the Official Gazette on September 21, 2024, and has entered into force.

The article titled "Turkey’s Foreign Direct Investment Strategy (2024-2028) and Its Impact on the White Goods Sector: Technology and Industry Perspective" written by one of our firm’s attorneys, Arzu Güncü, has been published in the 137th issue of the BEYSAD magazine.

Ofisimiz avukatlarından Arzu Güncü tarafından kaleme alınan ’"Türkiye’nin Enerji Verimliliği Yol Haritası: Sürdürülebilir Gelecek İçin Yeşil Adımlar" başlıklı makale, BEYSAD Beyaz Eşya dergisinin 136. sayısında yayınlanmıştır.

Anayasa Mahkemesi,18.04.2024 tarihli Resmi Gazetede yayımlanan 14.03.2024 tarihli kararı ile 6325 sayılı Hukuk Uyuşmazlıklarında Arabuluculuk Kanunu’nun 18/A maddesinin 11 numaralı fıkrasında yer alan kuralın iptaline karar vermiş olup söz konusu hüküm fıkrası şöyledir...

Yapay zekânın güvenli kullanımını düzenleyen ilk bağlayıcı uluslararası anlaşma imzalandı...

The Regulation on the Amendment of the Regulation on Unlicensed Electricity Production in the Electricity Market, which will be carried out by the Energy Market Regulatory Authority, was published in the Official Gazette on October 1, 2022 and entered into force on the same date.

Electronic Incentive Application and Foreign Capital Information System is an application used in the activities of companies with foreign capital. Here we would like to share some important information about E- IAFC to be a reminder in terms of foreign capital notifications:

Before moving on to the guide, we would like to first mention some of the basic information;

Personal Data Protection Authority’s Principle Decision on Online Payment Services of Municipalities

The updated rules for arbitration, mediation, conciliation, and fact-finding are published for resolving international investment disputes, which come into effect on July 1, 2022. The objective is determined as, to make ICSID cases more efficient for parties, to broaden access to ICSID’s facilities and services, and to ensure greater public transparency in the conduct and outcome of proceedings.

Public Announcement on Technical and Administrative Measures Recommended for Data Controllers Regarding User Security

The Draft Law on the Amendment of the Turkish Penal Code and Other Related Laws (numbered 7406), which includes regulations regarding the prevention of violence against women and healthcare workers, was accepted by the Grand National Assembly of Turkey.

In our previous bulletin (2022-04), we have examined the concept of international data transfer and the European Data Protection Board (EDPB) Guidelines in terms of “territorial scope”. Accordingly, we have mentioned that the importers should be prepared to cooperate in the development of a transfer instrument: the new set of Standard Contractual Clauses -SCC’s).

The draft Regulation on Charging Station Services has been prepared by the Energy Market Regulatory Authority (EMRA). The purpose of this (draft) Regulation ...

On April 24, 2021 the European Court of Human Rights (“ECtHR”) announced that, upon Italy’s ratification, Protocol No.15 (“Protocol”) of the European Convention of Human Rights (“ECHR”) has been fully ratified by all the Member States of the Council.

Briefly, the Companies will be able to enter into distance remote identification and contract relation via electronic environment.

A comprehensive report on digitalization in payment services and the finance sector was published by the Competition Authority on December 9, 2021.

The European Data Protection Board (EDPB) has issued the final version of its guidelines on the concept of controllers and processors under the GDPR which also aims to clarify the fundamental concepts (of joint controller and processor).

Referring to mediation (whether compulsory or optional) became much easier through UYAP (Ulusal Yargı Ağı Bilişim Sistemi; National Judiciary Informatics System-NJIS) updates. Still, there are significant details that should be noted in order to successfully complete a mediation submission.

According to the “Decision” of the Banking Regulation and Supervision Agency (“BRSA”), published in the Official Gazette (bis) on July 2, 2021, upon inspection of the information and documents submitted by some companies that have applied to the BRSA for adapting to the provisions of the Financial Leasing, Factoring and Financing Companies Law ...

According to the regulations of the “Communiqué Amending the Communiqué on Registered E-Mail Directory and Registered E-Mail Account Addresses”, which was published in the Official Gazette on July 3, 2021 ...

On June 4, 2021, the Regulation on Disclosure of Client Information has been published in the Official Gazette by the Banking Regulatory and Supervisory Authority (“BRSA”).

Le règlement publié le 1er mai au Journal Officiel établit de nouvelles mesures pour les opérateurs du secteur des communications électroniques. L’Autorité turque des Technologies de l’information et de la Communication ...

On May 1, 2021, the Information Technologies and Communications Authority (the "Authority"), has published amendments on the regulation on the authorization in the electronic communications market, in the Official Gazette. We have listed the prominent amendments hereunder:

The Communiqué No. 2020/4 on the Procedures and Principles Regarding Fees Banks Can Charge Corporate Clients published on the Official Gazette No. 31035 dated February 10, 2020 ("Communiqué") was amended via the Official Gazette No. 31351 dated December 31, 2020.

According to the press releases, a huge natural gas reserve was found in the Mediterranean. Exxon Mobil announced on 28.02.2019, Thursday that it has made the world’s third-biggest natural gas discovery in two years in the Eastern Mediterranean at the Glaucus-1 well.

We are excited to share this very first legal bulletin of 2019. By this occasion, we wish you a happy and a prosperous new year!...

RWE and E.ON are both energy companies based in Germany and the two companies are engaged in a complex asset swap.

Our weekly newsletter containing changes and improvements occurred in Turkish Energy Market that we’ve compiled for industry enthusiasts, are hereinbelow.

We have summarized the changes brought by the "Regulation on the Amendment of the Guarantee Certificate Regulation" published in the Official Gazette on November 5, 2020.

In June 2020, with the amendment in the Competition Law, de Minimis rule was included in our law.

"By-Law Amending the Regulation on Sales, Advertisement and Promotion of Medical Devices" ("By-Law") has been published in the Official Gazette...

"The Regulation on the Amendment of the By-Law on Union of Turkish Bar Associations Attorney’s Law" has been published in the Official Gazette dated 02.09.2020.

In this bulletin, we would like to share the prominent articles regarding the Amendment on Internet Law numbered 5651 which has been published in the Official Gazette dated 31.07.2020, in which certain obligations for social media platforms entered into force.

Personal Data Protection Authority has released a public announcement regarding its Board decision dated 23.06.2020 and numbered 2020/481 about several applications..

We have prepared a brief evaluation of the amendments in the Competition Law published in the Official Gazette on June 24, 2020.

Due to the COVID-19 outbreak, distance education system started to be implemented, through which –personal data -that is evaluated as biometric data such as voice and image- are processed.

According to the Citizenship Law, one of the ways to acquire Turkish Citizenship is through purchasing a real estate within Turkey.

People whose personal datas’ are damaged by data controller may apply for complaint via...

The Regulation on the Amendment of the Regulation on Commercial Communication and Commercial Electronic Messages (“Regulation”) is published on 04.01.2020.

Pursuant to 5th paragraph of article 12 regarding Data Security Obligations of the Data Protection Law No. 6698, “if the processed personal data is –illegally- obtained by others, the data officer...

We would like to share our initial assessments in regards to the “Legislative Proposal for Amendments to Income Tax Law and Some Other Laws”...

The Competition Board has announced that it has decided to initiate a sector review on electricity wholesale and retail markets in its meeting held on 13.12.2018.

DABUS, a patented Artificial Intelligence (AI) system that was developed by Stephen Thaler, is a creativity machine referring particular type of connectionist artificial intelligence.

Pursuant to Article 12(5) of the Law on the Protection of Personal Data No. 6698, in the event that the processed data are obtained by third parties by unlawful...

COVID-19 outbreak, which emerged in the People’s Republic of China and declared a pandemic by the World Health Organization...

“The regulation on the Generation and Use of TR QR Code in Payment Services” (“Regulation”) was published by the Central Bank in the Official Gazette dated 21.08.2020...

The by-law on the Identity Information System has been published in the Official Gazette on 21.08.2020.

Starting from 01.01.2019, the target periods determined in accordance with the Regulation on the Determination and Implementation...

According to the amendment in the Competition Law in June 2020, “Commitment” procedure has been brought and with this new procedure, which was also mentioned...

The International Chamber of Commerce (ICC) has released revised Rules of Arbitration that will take effect in January 1, 2021.