The Central Bank of the Republic of Turkey (“CBRT”) issued the Communiqué on the Redetermination of the Minimum Equity Amount of Payment and Electronic Money Institutions (“Communiqué”) and amended the minimum equity requirement set out in the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (“Regulation”). Following the amendment, the minimum...

The Personal Data Protection Authority (“Authority”) published Guidelines on the Processing of Turkish Republic Identity Numbers (“Guidelines”) on January 16, 2024. The Guideline emphasizes that the Authority has received many complaints that the direct processing of Turkish Republic ID numbers is being preferred by data controllers/processors while other methods are possible. In this context, since...

With the decision dated October 11, 2023, and numbered E: 2020/76, K: 2023/172 (“Decision”), published in the Official Gazette dated 10 January 2024 and numbered 32425, the Constitutional Court (“Constitutional Court”) annulled certain provisions of the Law No. 5651 on the Regulation of Publications on the Internet and Combating Crimes Committed through These Publications (“Internet...

  The Competition Authority (“Authority”) published the “Regulation on Cooperation for the Purpose of Uncovering Cartels” in the Official Gazette dated December 16, 2023 and numbered 32401. The Regulation” (“Regulation”) was published in the Official Gazette dated February 15, 2009 and numbered 27142 and thus the regulation with the same name (“Repealed Regulation”), which was...

  On 22 December, the Personal Data Protection Authority (“Authority”) published the Recommendations for Privacy Protection in Mobile Applications (“Recommendation Text”). We summarize the important points in the Recommendations Text under the relevant headings below: Purpose and Scope The scope of the Recommendation Text is applications used on smartphones and tablets, and its purpose is...

  An amendment was made to the Regulation on the Principles and Rules to be Applied in Retail Trade (“Regulation”) via the Amendment Regulation on the Regulation on the Principles and Rules to be Applied in Retail Trade (“Amendment Regulation”) published in the Official Gazette dated 14 December 2023 and numbered 32399. The provisions of...

  With the Regulation on Amendments to the Official Announcement and Advertisement Regulation (“Amendment Regulation”) published in the Official Gazette dated 8 December 2023 and numbered 32393, regulations regarding the BIK Analytics software of the Press Advertisement Agency (“Agency”) were introduced. Regulations regarding BIK Analytics entered into force as of the date of publication of...

  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...