Recent Keynotes of September 2023

30.09.2023 İlayda Salkım
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International Agreements

  • The Resolution of the President dated 14.09.2023 and numbered 7611 on the Approval of the Agreement signed between the Government of the Republic of Turkey and the Government of Hungary on 06/04/2023 on Cooperation in the Field of Sports was published in the Official Gazette dated 15.09.2023 and numbered 32310.
  • The Resolution of the President dated 15.09.2023 and numbered 7635 on the Entry into Force of the Agreements Signed in Ankara on 8/8/2022 and 2/9/2022 on Grants in the Field of Health between the Government of the Republic of Turkey and the Government of the Turkish Republic of Northern Cyprus was published in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Resolution of the President dated 15.09.2023 and numbered 7638 on the Approval of the Memorandum of Understanding between the Government of the Republic of Turkey and the Government of the Republic of Indonesia on Cooperation in the Field of Environment was published in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Resolution of the President dated 15.09.2023 and numbered 7641 on the Approval of the Protocol between the Republic of Turkey and the Republic of Azerbaijan on the 10th Term Meeting of the Joint Economic Commission was published in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Resolution of the President dated 15.09.2023 and numbered 7643 on the Approval of the Administrative Agreement Regarding the Implementation of the Social Security Agreement signed between the Government of the Republic of Turkey and the Government of the Republic of Tunisia was published in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Resolution of the President dated 15.09.2023 and numbered 7645 on the Approval of the Agreement between the Government of the Republic of Turkey and the Government of the Republic of Angola on Cooperation in Agriculture was published in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Resolution of the President dated 15.09.2023 and numbered 7648 on the Approval of the Memorandum of Understanding between the Government of the Republic of Turkey and the Government of the Democratic People's Republic of Algeria in the Fields of Science, Technology and Innovation was published in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Resolution of the President dated 15.09.2023 and numbered 7649 on the Approval of the Cooperation Agreement between the Government of the Republic of Turkey and the Government of the Republic of Serbia in the Field of Innovation in Advanced Technologies was published in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Resolution of the President dated 15.09.2023 and numbered 7650 on the Approval of the Memorandum of Understanding between the Government of the Republic of Turkey and the Government of the Republic of Zambia on Cooperation in the Field of Fisheries and Livestock was published in the Official Gazette dated 16.09.2023 and numbered 32311.

Resolutions of the President

  • The Resolution of the President dated 30.08.2023 and numbered 7543 on the Amendment to the Import Regime Decree was published in the Official Gazette dated 31.08.2023 and numbered 32295. This Resolution enters into force on 01.09.2023.
  • The Resolution of the President dated 30.08.2023 and numbered 7544 on the Implementation of Additional Customs Duty on Imports was published in the Official Gazette dated 31.08.2023 and numbered 32295. This Resolution enters into force on 01.09.2023.
  • The Resolution of the President dated 30.08.2023 and numbered 7545 on the Implementation of Tariff Quotas on the Import of Certain Agricultural Products Originating from the United Arab Emirates was published in the Official Gazette dated 31.08.2023 and numbered 32295. This Resolution enters into force on 01.09.2023.
  • The Resolution of the President dated 30.08.2023 and numbered 7546 on the Implementation of Tariff Quotas on the Import of Certain Industrial Products Originating in the United Arab Emirates was published in the Official Gazette dated 31.08.2023 and numbered 32295. This Resolution enters into force on 01.09.2023.
  • The Resolution of the President dated 02.09.2023 and numbered 7550 on the Amendment to the Resolution on Treasury Support Provided to Credit Guarantee Institutions was published in the Official Gazette dated 03.09.2023 and numbered 32298. This Resolution enters into force on the date of its publication, effective as of 25.05.2023.
  • The Resolution of the President dated 06.09.2023 and numbered 7597 on the Approval of the Medium-Term Program (2024-2026) was published in the Official Gazette dated 06.09.2023 and bis numbered 32301.
  • The Resolution of the President dated 14.09.2023 and numbered 7613 on Agricultural Supports to be Made in 2023 and Support for the Use of Certified Seeds to be Applied in 2024 was published in the Official Gazette dated 15.09.2023 and numbered 32310. This Resolution enters into force on the date of its publication, effective as of 01.01.2023.

Legislation

  • The Communiqué on the Amendment to the Communiqué on the Procedures and Principles Regarding the Abandonment of Energy Consumption Fees under the State of Emergency entered into force through publication in the Official Gazette dated 22.08.2023 and numbered 32287.
  • The Regulation on the Amendment to the Regulation on the Use of Health Declaration in Food and Food Supplements entered into force through publication in the Official Gazette dated 23.08.2023 and numbered 32288.
  • The Regulation on the Amendment to the Implementation Regulation of Law No. 6306 entered into force through publication in the Official Gazette dated 24.08.2023 and numbered 32289.
  • The Resolution on Foreign Trade Capital Companies entered into force through publication in the Official Gazette dated 24.08.2023 and numbered 32289.
  • The Regulation on the Amendment to the Regulation on the Qualifications of Tourism Facilities entered into force through publication in the Official Gazette dated 29.08.2023 and numbered 32294.
  • The Regulation on the Amendment to the Mining Activities Permit Regulation entered into force through publication in the Official Gazette dated 29.08.2023 and numbered 32294.
  • The Regulation on the Amendment to the Regulation on the Trade of Second-Hand Motor Land Vehicles was published in the Official Gazette dated 31.08.2023 and numbered 32295. The provisions of this Regulation enter into force on different dates.
  • The Regulation on the Amendment to the Regulation on Real Estate Trade was published in the Official Gazette dated 31.08.2023 and numbered 32295. The provisions of this Regulation enter into force on different dates.
  • The General Communiqué on Real Estate Tax Law (Serial No: 83) was published in the Official Gazette dated 31.08.2023 and numbered 32295.
  • The Communiqué on the Implementation of Tariff Quotas on the Import of Certain Industrial Products Originating in the United Arab Emirates was published in the Official Gazette dated 31.08.2023 and numbered 32295. This Communiqué enters into force on 01.09.2023.
  • The Communiqué on the Implementation of Tariff Quotas on the Import of Certain Agricultural Products Originating in the United Arab Emirates was published in the Official Gazette dated 31.08.2023 and numbered 32295. This Communiqué enters into force on 01.09.2023.
  • The Regulation on Mediation Regarding Legal Disputes Arising from Agricultural Production Contracts entered into force through publication in the Official Gazette dated 01.09.2023 and numbered 32296.
  • The Regulation on the Amendment to the Implementing Regulation on Free Zones entered into force through publication in the Official Gazette dated 01.09.2023 and numbered 32296.
  • The Regulation on the Liberalization and Release of Radioactive Substances entered into force through publication in the Official Gazette dated 01.09.2023 and numbered 32296.
  • The Determination of Interest Rates to be Applied in Rediscount and Advance Transactions entered into force through publication in the Official Gazette dated 01.09.2023 and numbered 32296.
  • The Regulation on the Amendment to the Regulation on the Implementation of Articles 31, 32 and 33 of the Forest Law No. 6831 was published in the Official Gazette dated 02.09.2023 and numbered 32297. The provisions of this Regulation enter into force on different dates.
  • The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/24) entered into force through publication in the Official Gazette dated 02.09.2023 and numbered 32297.
  • The Seventh Term Collective Agreement on Financial and Social Rights for the Service Branches for the Years 2024 and 2025 was published in the Official Gazette dated 03.09.2023 and numbered 32298.
  • The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/23) entered into force through publication in the Official Gazette dated 05.09.2023 and numbered 32300.
  • The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/25) entered into force through publication in the Official Gazette dated 05.09.2023 and numbered 32300.
  • The Regulation on the Amendment to the Regulation on Building Inspection Implementation entered into force through publication in the Official Gazette dated 07.09.2023 and numbered 32302.
  • The Communiqué (Serial No: 47) on the Amendment to the Communiqué on the Value Added Tax General Implementation entered into force through publication in the Official Gazette dated 07.09.2023 and numbered 32302.
  • The Communiqué on the Amendment to the Communiqué on the Procedures and Principles Regarding the Electronic Determination of Building Inspection Organizations to Sign Building Inspection Service Contracts with Building Owners was published in the Official Gazette dated 08.09.2023 and numbered 32303. The provisions of this Communiqué enter into force on different dates.
  • The Regulation on the Amendment to the Regulation on Donations and Aids to be Made by Banks and Organizations Subject to Consolidated Audit entered into force through publication in the Official Gazette dated 09.09.2023 and numbered 32304.
  • The Communiqué on the Accreditation Usage Fee / Share to be Applied by the Turkish Accreditation Agency (TÜRKAK: 2023/1) entered into force through publication in the Official Gazette dated 09.09.2023 and numbered 32304.
  • The Regulation on the Amendment to the Regulation on Unlicensed Electricity Generation in the Electricity Market was published in the Official Gazette dated 12.09.2023 and numbered 32307. This Regulation enters into force on 01.10.2023.
  • The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/22) entered into force through publication in the Official Gazette dated 13.09.2023 and numbered 32308.
  • The Communiqué on the Amendment to the Communiqué on the Import of Used or Reconditioned Goods (Import: 2023/9) entered into force through publication in the Official Gazette dated 13.09.2023 and numbered 32308.
  • The Regulation on the Planning of Agricultural Production entered into force through publication in the Official Gazette dated 14.09.2023 and numbered 32309.
  •  The Communiqué (No: 2023/24) on the Amendment to the Communiqué on Reserve Requirements (No: 2013/15) was published in the Official Gazette dated 14.09.2023 and numbered 32309. This Communiqué enters into force on the date of its publication, effective as of 01.09.2023.
  • The Regulation on the Procedures and Principles of Production under Contract entered into force through publication in the Official Gazette dated 15.09.2023 and numbered 32310.
  • The Communiqué on Safeguard Measures in Imports (No: 2023/5) was published in the Official Gazette dated 15.09.2023 and numbered 32310. This Communiqué enters into force on 21.09.2023.
  • The Communiqué on Prevention of Unfair Competition in Imports (No: 2023/26) entered into force through publication in the Official Gazette dated 15.09.2023 and numbered 32310.
  • The Regulation on the Amendment to the Regulation on the Press Advertisement Agency entered into force through publication in the Official Gazette dated 16.09.2023 and numbered 32311.
  • The Communiqué (No. 2023/25) on the Amendment to the Communiqué on Supporting Conversion to Turkish Lira Deposit and Participation Accounts (No. 2021/14) entered into force through publication in the Official Gazette dated 18.09.2023 and numbered 32313.
  • The Communiqué (No.: 2023/26) on the Amendment to the Communiqué (No.: 2021/16) on Supporting the Conversion of Gold Accounts into Turkish Lira Deposit and Participation Accounts entered into force through publication in the Official Gazette dated 18.09.2023 and numbered 32313.
  • The Regulation on the Amendment to the Regulation on Tariff Implementation Principles in Compulsory Financial Liability Insurance for Motor Vehicles entered into force through publication in the Official Gazette dated 19.09.2023 and numbered 32314.
  • The Communiqué on Ship Agency Services Fee Tariff was published in the Official Gazette dated 19.09.2023 and numbered 32314. This Communiqué enters into force one month after its publication.
  • The Communiqué on the Prohibition of the International Surveillance Company (Product Safety and Inspection: 2023/29) was published in the Official Gazette dated 19.09.2023 and numbered 32314. This Communiqué enters into force 15 days after its publication.
  • The Communiqué (V-101.1.a) on the Amendment to the Communiqué on Measures to be Applied in Information Fraud and Market Fraud Investigations (V-101.1) entered into force through publication in the Official Gazette dated 19.09.2023 and numbered 32314.
  • The Regulation on the Amendment to the Regulation on the Procedures and Principles Regarding the Sale and Presentation of Tobacco Products and Alcoholic Beverages was published in the Official Gazette dated 20.09.2023 and numbered 32315. The provisions of this Regulation enter into force on different dates.
  • The Communiqué on the Amendment to the Communiqué on Import Control of Solid Fuels Controlled for Environmental Protection (Product Safety and Control: 2023/7) (Product Safety and Control: 2023/31) entered into force through publication in the Official Gazette dated 20.09.2023 and numbered 32315.

Mergers and Acquisitions

  • The Competition Board ("Board") decided that the acquisition of the sole control of Avebe Nişasta Sanayi ve Ticaret Ltd. by Brenntag Austria GmbH is not subject to authorization. (31.08.2023, 23-40/777-BD)
  • The Board authorized the establishment of a fully functional, new joint venture for integrated steel plate production by Baoshan Iron & Steel Co., Ltd., Saudi Arabian Oil Company and Public Investment Fund (31.08.2023, 23-40/782-274)
  • The Board authorized the acquisition of the intellectual property rights and other related assets of Trapmine Oü and Trapmine Siber Güvenlik Teknolojileri Anonim Şirketi by SonicWall International Designated Activity Company. (31.08.2023, 23-40/780-273)
  • The Board authorized the acquisition of sole control of Majorel Group Luxembourg S.A. by Teleperformance SE through a voluntary and public tender offer (31.08.2023, 23-40/761-266)
  • The Board authorized the acquisition of fixed assets of Gebze branch of Doğuş Oto Pazarlama ve Ticaret A.Ş. by Aykan Motor Servis A.Ş. (07.09.2023, 23-41/810-288)
  • The Board authorized the acquisition of the negative joint control of Livemedy Sağlık Platformu A.Ş. by İhlas Girişim Sermayesi Yatırım Ortaklığı A.Ş. and Halil Tuncay ALTINSU through share transfer. (07.09.2023, 23-41/805-285)
  • The Board authorized the transition of DG INVEST B.V. from joint control to single control through the acquisition of the shares of GLQ HOLDINGS (UK) LTD. by DHI INVESTMENT B.V. (07.09.2023, 23-41/800-284)
  • The Board authorized the acquisition of joint control of OMV Aktiengesellschaft and its direct and indirect subsidiaries by Abu Dhabi National Oil Company P.J.S.C. (ADNOC) through the acquisition of a certain portion of their shares. (07.09.2023, 23-41/789-278)
  • The Board authorized the acquisition of the sole control of Borusan Mannesmann Boru Yatırım Holding A.Ş., which is under the joint control of Borusan Holding A.Ş. and Salzgitter Mannesmann GmbH, by Borusan Holding AŞ. (14.09.2023, 23-43/832-294)
  • The Board authorized the acquisition of the sole control of Greeneco Enerji Elektrik Üretim AŞ by Saray Holding AŞ through the acquisition of some of the shares of Greeneco Enerji Elektrik Üretim AŞ by Türkiye İş Bankası A.Ş. (14.09.2023, 23-43/829-293)
  • The Board authorized the acquisition of four stores of Elbin Gıda İnşaat Tekstil Hayvancılık Sanayi ve Ticaret Limited Şirketi in Bilecik by Migros Ticaret AŞ through the transfer of the tenancy rights and fixed assets of three stores and the transfer of fixed assets and the establishment of a lease agreement on one store. (14.09.2023, 23-43/820-291)
  • The Board authorized the acquisition of the joint control of Weltec Holding GmbH by DWS Alternatives Global Limited and Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München through Bionic BidCo GmbH, a special purpose vehicle. (14.09.2023, 23-43/818-290)
  • The Board authorized the acquisition of sole control over Kahoot! ASA indirectly by Goldman Sachs & Co. LLC and ultimately by The Goldman Sachs Group, Inc. (14.09.2023, 23-43/817-290)

Energy

  • The Decision of Energy Market Regulatory Authority ("EMRA") dated 17.08.2023 and numbered 12022 was published in the Official Gazette dated 22.08.2023 and numbered 32287.
  • The Decisions of EMRA dated 24.08.2023 and numbered 12036, 12037 was published in the Official Gazette dated 26.08.2023 and numbered 32291. These Decisions enter into force on different dates.
  • The Decision of EMRA dated 14.09.2023 and numbered 12069 was published in the Official Gazette dated 16.09.2023 and numbered 32311. This Decision enters into force on the date of its publication, effective as of 01.01.2024.

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Have Form Requirements been brought for Engagements?
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United States Economic Sanctions Regime: Iran
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Regulation on Pilotage and Towage Services
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Approach to Trust Law from a Civil Law Perspective
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Operation of Economic Enterprises by Foundations
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Operation of Economic Enterprises by Foundations

Pursuant to Art. 101 of the Turkish Civil Code (“CC”) No. 4721, foundations are an ensemble of assets that have legal personality, which comprises of sufficient assets and rights that are allocated by real and legal persons for a determined and perpetual objective. Foundations are legal persons that have “ideal...

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Industry 4.0 and Its Impact in the Legal World
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Turkish Wealth Fund
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Turkish Wealth Fund
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