The “Communiqué Amending the Communiqué on the Procedures and Principles Regarding the Implementation of Article 376 of the Turkish Commercial Code No. 6102” which includes regulations for companies in case of capital loss and insolvency situations, was published in the Official Gazette on October 31, 2023. The amendment published in the Communiqué is related...

  The Information Technologies and Communication Authority (“BTK”) with the Board Decision dated September 5, 2023 approved, accepted, and decided the “Procedures and Principles for Confirmation Procedures Prior to Individual New Subscription Establishment for Internet/TV and Fixed Telephone Services” (“Procedures and Principles”) to be published in the Official Gazette. The Procedures and Principles will enter into...

The Personal Data Protection Authority (KVKK) published the “Guideline on Matters to be Considered in the Processing of Genetic Data” (“Guideline”) on 13.10.2023, which is an important resource for data controllers and data subjects regarding the processing of genetic data. The Guideline covers various topics such as the definition of genetic data, processing purposes, legal...

The Central Bank of the Republic of Turkey (“CBRT“) published the “Regulation Amending the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers” (“Amending Regulation”) and the “Communiqué Amending the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services of Payment Service Providers in Payment Services” (“Amending...

The Regulation on Partial Payment in the Individual Pension System (“Regulation“) issued by the Insurance and Individual Pension Regulatory and Supervisory Authority (“SEDDK“) was published in the Official Gazette on 26 September 2023. The Regulation stipulates the application of participants (“participants“) in the individual pension system (“IPS“) to exercise their right to partial payment, the...

  The Information Technologies and Communication Authority (“BTK”) with the Board Decision dated September 5, 2023 approved, accepted, and decided the “Procedures and Principles for Confirmation Procedures Prior to Individual New Subscription Establishment for Internet/TV and Fixed Telephone Services” (“Procedures and Principles”) to be published in the Official Gazette. The Procedures and Principles will enter...

  The Communiqué Amending the General Communiqué of the Financial Crimes Investigation Board (Serial No: 19) (“Communiqué“) (Serial No: 24) (“Amending Communiqué“) has been published in the Official Gazette dated 11.08.2023 and numbered 32276. With the Amending Communiqué, the provisions on remote authentication provided in the Communiqué have been updated. With the third article of...