The Constitutional Court (“Court”) invalidated the “Subject matter exceeds one hundred thousand Turkish liras” section of the 1st paragraph of Article 3 of Administrative Procedural Law No. 2577 (“Law”), ruling it contrary to Art. 13 and 36 of the Constitution and the rest of the provision due to paragraph (4) of Art. 43 of Law…

Capital Markets Board (“CMB”)announced that it has updated the revaluation amounts in accordance with the Capital Markets Law for the year 2024. The criteria for public offerings of companies have been tightened as of the decision dated 29.12.2023 and published in the Weekly Bulletin dated 29/12/2023. In accordance with the provisions of the “Equity Communiqué”…

A new decision published in the Official Gazette dated January 18, 2024 officially defines the concept of ‘mobile homes.’ According to the decision, mobile homes are officially recognized as vehicles with O2 class type approval certificates, designed as accommodation units, capable of being towed by a motorized vehicle, and subject to the provisions of the…

The Regulation (“Regulation”) on Amendment to the Regulation on Payment Services and Electronic Money Issuance and Payment Service Providers (“Payment Services Regulation”) has been published in the Official Gazette dated 7 October 2023 and numbered 32332. Thus, digital wallet was defined and the the possibility for payment institutions to act as an interface provider was…

Mevcut uygulamada, 5271 Sayılı Kanun’un 273. maddesinin (1) numaralı fıkrasının birinci cümlesi uyarınca istinaf istemi, hükmün açıklanmasından itibaren yedi gün içinde hükmü veren mahkemeye bir dilekçe verilmesi veya zabıt katibine beyanda bulunarak yapıldığı durumlarda bu beyanın tutanağa geçirilerek hakime onaylatılması suretiyle işleme konulmaktaydı. Hüküm fıkrasının duruşmada hazır bulunanlara tefhim edildiği ancak gerekçesinin henüz tutanağa geçirilmediği…

The Regulation Amending the Regulation on the Implementation of the Turkish Citizenship Law (“Regulation”) entered into force after being published in the Official Gazette dated December 12, 2023 and numbered 32397. The Regulation limits the types of immovable property foreseen in the Regulation On The Application Of The Turkish Citizenship Law for the acquisition of…