Recent Keynotes of November 2024
International Agreements
- The Resolution of the President dated 01.11.2024 and numbered 9076 on the Approval of the Host Country Agreement between the Government of the Republic of Türkiye and the Turkish Investment Fund, was published in the Official Gazette No. 32710 on 02.11.2024.
- The Resolution of the President dated 01.11.2024 and numbered 9080 on the Enforcement of the Memorandum of Understanding on Cooperation in the Exchange of Financial Intelligence on Money Laundering, Related Prior Crimes and Financing of Terrorism between the Republic of Türkiye Ministry of Treasury and Finance Financial Crimes Investigation Board (MASAK) and the Financial Reporting Center (FRC) of the Federal Republic of Somalia was published in the Official Gazette dated 02.11.2024 and numbered 32710. The Memorandum of Understanding subject to this Decision enters into force on the date of the last notification.
- The Resolution of the President dated 14.11.2024 and numbered 9140 on the Approval of the Memorandum of Understanding on Law Enforcement Training Cooperation between the Government of the Republic of Türkiye and the Government of the State of Palestine was published in the Official Gazette dated 15.11.2024 and numbered 32723.
Resolutions of the President
- The Resolution of the President dated 23.10.2024 and numbered 9063 on the Amendment to the Resolution on the Pricing of Medicinal Products for Human Use was published in the Official Gazette dated 24.10.2024 and numbered 32702. This Resolution enters into force 1 day following the date of publication.
- The Resolution of the President dated 29.10.2024 and numbered 9070 on the Amendment to the Import Regime Decree was published in the Official Gazette dated 30.10.2024 and numbered 32707. This Resolution enters into force on the 30th day following the date of publication.
- The Resolution of the President dated 29.10.2024 and numbered 9071 on the Amendment of the Statute of the Association of Payment and Electronic Money Institutions of Türkiye entered into force through publication in the Official Gazette dated 30.10.2024 and numbered 32707.
- The Resolution of the President dated 29.10.2024 and numbered 9072 on the Determination of Cannabis Cultivation Quotas for the Production of Active Pharmaceutical Substances entered into force through publication in the Official Gazette dated 30.10.2024 and numbered 32707.
- The Resolution of the President dated 31.10.2024 and numbered 9075 on the Withholding Rates in the Provisional Article 67 of the Income Tax Law No. 193 was published in the Official Gazette dated 01.11.2024 and numbered 32709. The provisions of this Resolution enter into force on different dates.
- Due to the Earthquakes that occurred on 06.02.2023 in Kahramanmaras Province, the ongoing force majeure in Adıyaman, Hatay, Kahramanmaras and Malatya Provinces and Islahiye and Nurdağı Districts of Gaziantep Province, The Resolution of the President dated 01.11.2024 and numbered 9078 on the Restructuring of Certain Credits and Amendments to Certain Laws No. 7256 and the Restructuring of Certain Credits and Amendments to Certain Laws No. 7326 and the Redetermination of the Installment Payment Periods in the Law on the Restructuring of Certain Credits and Amendments to Certain Laws No. 7326 entered into force through publication in the Official Gazette dated 02.11.2024 and numbered 32710.
- The Resolution of the President dated 01.11.2024 and numbered 9079 on the Implementation of Additional Financial Obligation on the Import of Certain Products was published in the Official Gazette dated 02.11.2024 and numbered 32710. This Resolution enters into force on the 30th day following the date of publication.
- The Resolution of the President dated 10.11.2024 and numbered 9124 on the Amendment to the Resolution on Granting Project-Based State Aid to Investments entered into force through publication in the Official Gazette dated 11.11.2024 and numbered 32719.
- The Resolution of the President dated 13.11.2024 and numbered 9126 on the Amendment to the Resolution on the Determination of Value Added Tax Rates Applicable to Goods and Services was published in the Official Gazette dated 14.11.2024 and numbered 32722. This Resolution enters into force on the day following its publication.
- The Resolution of the President dated 13.11.2024 and numbered 9128 on the Procedures and Principles Regarding the Procurements to be Made by the Guidance and Inspection Directorate of the Ministry of Labor and Social Security within the Scope of Subparagraph (b) of Article 3 of the Public Procurement Law No. 4734 entered into force through publication in the Official Gazette dated 14.11.2024 and numbered 32722.
Legislation
- The Regulation Amending the Regulation on Green Certificates for Buildings and Settlements entered into force through publication in the Official Gazette dated 21.10.2024 and numbered 32699.
- The Regulation on the Amendment to the Regulation on the Implementation of the Law on Private Security Services entered into force through publication in the Official Gazette dated 22.10.2024 and numbered 32700.
- The Ministry of National Education Regulation on Distance Education Institutions entered into force through publication in the Official Gazette dated 22.10.2024 and numbered 32700.
- The Regulation on the Amendment to the Type Approval Regulation (Ab/2019/2144) on the General Safety of Motor Vehicles and Their Trailers and Components, Systems and Separate Technical Units Designed for Them and Protection of Unprotected Road Users and Passengers entered into force through publication in the Official Gazette dated 22.10.2024 and numbered 32700.
- The Regulation Amending the Regulation on Charging Service entered into force through publication in the Official Gazette dated 23.10.2024 and numbered 32701.
- The Regulation on the Withdrawal of Medicinal Products for Human Use and Foods for Special Medical Purposes entered into force through publication in the Official Gazette dated 23.10.2024 and numbered 32701.
- Code of Civil Procedure Expense Advance Tariff entered into force through publication in the Official Gazette dated 23.10.2024 and numbered 32701.
- Code of Civil Procedure Arbitrator Fee Tariff entered into force through publication in the Official Gazette dated 23.10.2024 and numbered 32701.
- Code of Civil Procedure Witness Fee Tariff entered into force through publication in the Official Gazette dated 23.10.2024 and numbered 32701.
- The Regulation on the Amendment to the Regulation on Dormitory Services of the Ministry of Youth and Sports entered into force through publication in the Official Gazette dated 25.10.2024 and numbered 32703.
- The Regulation on the Amendment to the Central Government Expenditure Documents Regulation entered into force through publication in the Official Gazette dated 26.10.2024 and numbered 32704.
- The Presidential Circular No. 2024/13 on Circular No. 2018/7 entered into force through publication in the Official Gazette dated 26.10.2024 and numbered 32704.
- The Resolution of the Directorate of Privatization Authority dated 24/10/2024 and numbered 2024/ÖİB-K-13 was published in the Official Gazette dated 26.10.2024 and numbered 32704.
- The Law on the Amendment to the Law on the Protection of Consumers and Certain Laws was published in the Official Gazette dated 30.10.2024 and numbered 32707. The articles of this Law enter into force on different dates.
- The Regulation on the Amendment to the Regulation on Family Medicine Contract and Payment (Decree Number: 9073) was published in the Official Gazette dated 30.10.2024 and numbered 32707. This Regulation enters into force on 01.11.2024.
- The Regulation on the Amendment to the Regulation on Higher Education Private Accommodation Services entered into force through publication in the Official Gazette dated 30.10.2024 and numbered 32707.
- The Regulation on Market Surveillance and Inspection of Products Placed on the Market through Remote Communication Tools was published in the Official Gazette dated 30.10.2024 and numbered 32707. This Regulation enters into force on 01.04.2025.
- The Communiqué Amending the Value Added Tax General Implementation Communiqué (Serial No: 52) was published in the Official Gazette dated 31.10.2024 and numbered 32708. The articles of this Communiqué enter into force on different dates.
- The Regulation Amending the Petroleum Market License Regulation entered into force through publication in the Official Gazette dated 01.11.2024 and numbered 32709.
- The Regulation on the Amendment to the Regulation on the Procedures and Principles on the Implementation of the Labor Force Compliance Program entered into force through publication in the Official Gazette dated 02.11.2024 and numbered 32710.
- The Communiqué on the Amendment to the Communiqué on the Social Security Institution Health Implementation was published in the Official Gazette dated 02.11.2024 and numbered 32710. The provisions of this Communiqué enter into force on different dates.
- The Regulation on the Application of the Authorizations and Duties Given to the Ministry of Culture and Tourism by the Tourist Guidance Profession Law No. 6326 entered into force through publication in the Official Gazette dated 07.11.2024 and numbered 32715.
- The Regulation on Tourist Guidance Profession entered into force through publication in the Official Gazette dated 07.11.2024 and numbered 32715.
- The Communiqué (Serial No: 5) on the Amendment to the General Communiqué on Electronic Ledger (Serial No: 1) was published in the Official Gazette dated 08.11.2024 and numbered 32716. The provisions of this Communiqué enter into force on different dates.
- The Communiqué on the Amendment to the Communiqué on the Tariffs and Instructions and the Operating Procedures and Principles of the State-Supported Commercial Receivables Insurance System was published in the Official Gazette dated 09.11.2024 and numbered 32717. The provisions of this Communiqué enter into force on different dates.
- The Communiqué on National Profession Standards (No: 2024/32) entered into force through publication in the Official Gazette dated 10.11.2024 and numbered 32718.
- The Communiqué (No: 573) on the Amendment to the General Communiqué on Tax Procedure Law (Serial No: 509) was published in the Official Gazette dated 12.11.2024 and numbered 32720. The provisions of this Communiqué enter into force on different dates.
- The Regulation on the Amendment to the Regulation on the Implementation Procedures and Principles of the Integrated Public Financial Management Information System entered into force through publication in the Official Gazette dated 13.11.2024 and numbered 32721.
- The Communiqué on the Amendment to the Communiqué on Strategic Priority and Technical Evaluation of Investment Projects entered into force through publication in the Official Gazette dated 13.11.2024 and numbered 32721.
- The Law No. 7531 on the Amendment to Certain Laws was published in the Official Gazette dated 14.11.2024 and numbered 32722. The provisions of this Law enter into force on different dates.
- The Regulation on the Amendment to the Regulation on Environmental and Drive Unit Performance Requirements for Type Approval of Two or Three Wheeled Vehicles and Four Wheeled Motorcycles (EU/134/2014) entered into force through publication in the Official Gazette dated 16.11.2024 and numbered 32724.
- The Communiqué Amending the Customs General Communiqué (Transit Regime) (Serial No: 4) (Serial No: 16) was published in the Official Gazette dated 16.11.2024 and numbered 32724. This Communiqué entered into force on 17.11.2024.
- The Communiqué on the Amendment to the Communiqué on the Regulation of the Last Source Supply Tariff was published in the Official Gazette dated 16.11.2024 and numbered 32724. The provisions of this Communiqué enter into force on different dates.
- The Regulation on the Amendment to the Ports Regulation was published in the Official Gazette dated 17.11.2024 and numbered 32725. The provisions of this Regulation enter into force on different dates.
Mergers and Acquisitions
- The Competition Board (“Board”) authorized the acquisition of sole control of Acronis AG by EQT AB through EQT Fund Management S.à r.l. (24.10.2024, 24-43/1021-436)
- The Board authorized the acquisition of sole control of Veriforce LLC by Apax Partners LLP through Viper Bidco, Inc. (24.10.2024, 24-43/1020-435)
- The Board authorized the acquisition of the joint control of France LNG Shipping SAS by Marigold ACP SARL, Geogas Maritime SAS, Nippon Yusen Kabushiki Kaisha and Ocean Yield AS. (24.10.2024, 24-43/1016-434)
- The Board decided that the final acquisition of ERG Kontrol Sistemleri Sanayi ve Ticaret A.Ş. by ERG Controls Inc. is not in scope. (31.10.2024, 24-44/1034-BD)
- The Board authorized the acquisition of sole control of Navig8 TopCo Holdings Inc. by ADNOC Logistics & Services PLC through its wholly owned subsidiary Abu Dhabi Marine Business and Services Company PJSC. (31.10.2024, 24-44/1044-447)
- The Board authorized the indirect acquisition of sole control of Pelican Topco Limited by Lloyd's Register Foundation through its subsidiary Lloyd's Register Group Limited. (31.10.2024, 24-44/1042-446)
- The Board authorized the acquisition of the sole control of Volt Yönetim Danışmanlığı A.Ş., currently controlled by Abdulhaluk SANCAK, Abdulhamit SANCAK, Mesut SANCAK, Seyfettin SANCAK, Metin SANCAK and Sadi SANCAK, by WEG Holding B.V., currently controlled by WEG S.A. (31.10.2024, 24-44/1041-445)
- The Board authorized the acquisition of a certain portion of the shares and sole control of Çinigaz Doğal Gaz Dağıtım Sanayi ve Ticaret A.Ş. by Sel-Tan İnşaat Ticaret ve Sanayi A.Ş. (31.10.2024, 24-44/1039-444)
- The Board authorized the indirect acquisition of the joint control of Hargreaves Lansdown plc by Platinum Ivy B 2018 RSC Limited, CVC Capital Partners plc and Nordic Capital Xl Limited. (31.10.2024, 24-44/1033-443)
- The Board authorized the acquisition of a certain percentage of the shares representing the total capital of Stembio Kök Hücre Teknolojileri A.Ş. by Koç Holding A.Ş. (31.10.2024, 24-44/1032-442)
- The Board authorized the acquisition of Kale Gıda Sanayi ve Ticaret A.Ş.'s retail and out-of-home fast moving consumer goods business line by Bidfood Dağıtım ve Pazarlama A.Ş. (31.10.2024, 24-44/1028-438)
- The Board authorized the acquisition of all shares of BHL Turkey Teknoloji A.Ş. and its subsidiaries Koalay Com Sigorta ve Reasürans Brokerliği A.Ş. and Hesap Kurdu Sigorta Aracılık Hizmetleri A.Ş. controlled by BHL Eurasia Ltd. by Sipay Holding B.V. (07.11.2024, 24-45/1064-454)
- The Board authorized the acquisition of the shares of TP Petrol Dağıtım A.Ş. by Altınbaş Petrol ve Ticaret A.Ş. (07.11.2024, 24-45/1063-453)
- The Board authorized the acquisition by The Carlyle Group Inc. through CP Spruce Holdings SCSp of Vantive Holding B.V., Vantive Mexico LLC, Vantive Health LLC, Gambro Renal Products, Inc, RTS Worldwide Holdings, Inc., Vantive Health GmbH and Vantive Holding Limited, the renal care division of Baxter International Inc. (07.11.2024, 24-45/1060-452)
- The Board authorized the establishment of a new joint venture by TAV Havalimanları Holding A.Ş. and Fraport AG Frankfurt Airport Services Worldwide, dedicated to the operation of food and beverage areas at Antalya Airport. (07.11.2024, 24-45/1048-449)
- The Board authorized the acquisition of the majority shares and sole control of D-Market Elektronik Hizmetler ve Ticaret A.Ş., which is under the sole control of Hanzade Vasfiye Doğan BOYNER, by Joint Stock Company Kaspi.kz. (13.11.2024, 24-46/1075-459)
Energy
- The Decisions of the Energy Market Regulatory Board (“EMRA”) dated 07.11.2024 and numbered 12980, 12981, 12987 and 12993 entered into force through publication in the Official Gazette dated 09.11.2024 and numbered 32717.
- The decision of the EMRA dated 07.11.2024 and numbered 12989 was published in the Official Gazette dated 16.11.2024 and numbered 32724. This decision enters into force on 01.01.2025.
- The decision of the EMRA dated 14.11.2024 and numbered 13003 was published in the Official Gazette dated 16.11.2024 and numbered 32724. This Decision shall enter into force on 01.01.2025.
- The decision of the EMRA dated 14.11.2024 and numbered 13004 was published in the Official Gazette dated 16.11.2024 and numbered 32724. This Decision shall enter into force on 01.01.2025.
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Other Contents
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