Author's Contents

Elvan Galatalı works as an Associate in Competition and Compliance Department of Erdem & Erdem. Elvan mainly provides legal consultancy on competition law matters including investigations and mergers and acquisitions.

Elvan Galatalı represents a wide variety of leading multinational corporations operating in a wide range of geography including Turkey, Europe and United States in connection with competition law aspects of mergers and acquisitions. She also advises many multinational and local companies on competition law matters. She further represents undertakings in annulment lawsuits and appeals pertaining to decisions of the Competition Board.

Recent Keynotes of February 2024 Newsletter Articles
Recent Keynotes of February 2024

The Resolution of the President dated 23.01.2024 and numbered 8123 on the Approval of the Amendment Protocol signed by the Exchange of Letters dated 6/12/2023 and 20/12/2023 between the Government of the Republic of Türkiye and the European Commission on the Amendment to the Financing Agreement...

Other 29.02.2024
Recent Keynotes of November 2023 Newsletter Articles
Recent Keynotes of November 2023

The Resolution of the President dated 24.10.2023 and numbered 7731 on the Approval of the Protocol on Cooperation in the Field of Social Assistance and Social Services between the Government of the Republic of Türkiye and the Government of the Turkish Republic of Northern Cyprus was published in the...

Other 30.11.2023
A Public Announcement on Personal Data Processing Activities of Research Companies by Dialing Random Numbers was published Legal Developments
A Public Announcement on Personal Data Processing Activities of Research Companies by Dialing Random Numbers was published

On 26.08.2024, the Personal Data Protection Authority published a Public Announcement on “Personal Data Processing Activities of Research Companies Using ‘Random Number Dialing and Telephone Interview Method’ for Statistical Research”...

Personal Data Protection 27.08.2024
Special Consumption Tax Rates for Vehicles with Electric Motors and Vehicles That Can Be Recharged from Outside the Vehicle Amended Legal Developments
Special Consumption Tax Rates for Vehicles with Electric Motors and Vehicles That Can Be Recharged from Outside the Vehicle Amended

Law No. 7521 on the Amendment of Certain Laws and Statutory Decrees (Law) was published in the Official Gazette dated 26.07.2024 and numbered 32613. With the enactment of the law, amendments have been made to List II attached to the Special Consumption Tax Law, and the Special Consumption Tax rates for...

Tax Law 31.07.2024
Recent Keynotes of May 2024 Legal Developments
Recent Keynotes of May 2024

The Resolution of the President dated 26.04.2024 and numbered 8407 on the Approval of the Annexed Financing Agreement for the NEXT Mediterranean Basin (NEXT MED) Cooperation Program (Interreg VI-B) signed on behalf of the Republic of Türkiye in Ankara on 13 October 2023 was published in the Official...

Other 31.05.2024
Amendments to Law No. 4054 on the Protection of Competition Legal Developments
Amendments to Law No. 4054 on the Protection of Competition

Law No. 7511 on Amendments to the Turkish Commercial Code and Certain Laws (Law) was published in the Official Gazette dated 29.05.2024 and numbered 32560. Law amended (Amendment) various articles of the Law No. 4054 on the Protection of Competition (Law No. 4054). The relevant provisions of the Law...

Competition Law 30.05.2024
Public Announcement on the Draft Regulation on the Procedures and Principles Regarding the Transfer of Personal Data Abroad Legal Developments
Public Announcement on the Draft Regulation on the Procedures and Principles Regarding the Transfer of Personal Data Abroad

On 09.05.2024, the Turkish Personal Data Protection Authority (Authority) published the Draft Regulation on the Procedures and Principles Regarding the Transfer of Personal Data Abroad (Draft) and opened the Draft for public opinion and assessment. In this context, opinions and suggestions regarding the...

Personal Data Protection 16.05.2024
Cooperation Protocol Signed between the Turkish Personal Data Protection Authority and the Personal Data Protection Board of the Turkish Republic of Northern Cyprus Legal Developments
Cooperation Protocol Signed between the Turkish Personal Data Protection Authority and the Personal Data Protection Board of the Turkish Republic of Northern Cyprus

On 18.04.2024, it was announced that a cooperation protocol (Protocol) was signed between the Turkish Personal Data Protection Authority and the Personal Data Protection Board of the Turkish Republic of Northern Cyprus...

Personal Data Protection 25.04.2024
The Article on “Responsible Governance Principles” Added to the Guidelines on Investment Funds Legal Developments
The Article on “Responsible Governance Principles” Added to the Guidelines on Investment Funds

The Capital Markets Board Decision dated February 16, 2024 and numbered 11/255 (Board Decision) was published in the Capital Markets Board Bulletin dated 16.02.2024 and numbered 2024/11. Pursuant to the Board Decision, the Principles of Responsible Management (Principles) were added to the Guidelines on...

Capital Markets Law 26.02.2024
Railway Operation Authorization Regulation Entered Into Force Upon Publication Legal Developments
Railway Operation Authorization Regulation Entered Into Force Upon Publication

Railway Operation Authorization Regulation (Regulation) entered into force through publication in the Official Gazette dated 16.02.2024 and numbered 32462. The Regulation repeals the Railway Operation Authorization Regulation published in the Official Gazette dated 19.08.2016 and numbered 29806...

Other 19.02.2024
Information Note on Processing of Personal Data on the Legal Ground of Being Stipulated by Laws was Published Legal Developments
Information Note on Processing of Personal Data on the Legal Ground of Being Stipulated by Laws was Published

On 12.02.2024, the Information Note on Processing of Personal Data on the Legal Ground of Being Stipulated by Laws (Information Note) was published. The Information Note aims to clarify the scope and meaning of the personal data processing legal ground of “being expressly stipulated by law” in Article 5/2(a) of...

Personal Data Protection 15.02.2024
Inflation Accounting Application in Capital Market Instrument Issuance Applications in Light of the Recent Board Decision Legal Developments
Inflation Accounting Application in Capital Market Instrument Issuance Applications in Light of the Recent Board Decision

The announcement (Announcement) made pursuant to the Capital Markets Board Decision dated 08.02.2024 and numbered 9/221 (Board Decision) was published in the Capital Markets Board Bulletin dated 08.02.2024 and numbered 2024/9. The Announcement includes explanations regarding the application...

Capital Markets Law 09.02.2024
The Amendment to the Reserve Requirement Ratios Legal Developments
The Amendment to the Reserve Requirement Ratios

The Communiqué (No: 2024/2) Amending the Communiqué on Reserve Requirements (No: 2013/15) (Communiqué) has been published in the Official Gazette dated 30.01.2024 and numbered 32445. The Communiqué entered into force on the date of its publication, effective from 19.01.2024. The amendments made...

Banking and Finance 31.01.2024
Communiqué Amending the Communiqué on the Printing Method of Checkbooks and Determination of the Amount that Banks are Obliged to Pay to the Bearer Legal Developments
Communiqué Amending the Communiqué on the Printing Method of Checkbooks and Determination of the Amount that Banks are Obliged to Pay to the Bearer

The Communiqué (No: 2024/1) Amending the Communiqué (No: 2010/2) on the Printing Method of Checkbooks and Determination of the Amount that Banks are Obliged to Pay to the Bearer (Communiqué) was published in the Official Gazette dated 27.01.2024 and numbered 32442. The Communiqué enters...


Banking and Finance 30.01.2024
Communiqué on Redetermination of Minimum Equity Amounts for Payment and Electronic Money Institutions Legal Developments
Communiqué on Redetermination of Minimum Equity Amounts for Payment and Electronic Money Institutions

The Communiqué on Redetermination of Minimum Equity Amounts for Payment and Electronic Money Institutions (Communiqué) has been published in the Official Gazette dated 27.01.2024 and numbered 32442. The Communiqué enters into force on 30.06.2024 and amends the minimum equity amounts...

Banking and Finance 30.01.2024
Deepfake Information Note by Turkish Personal Data Protection Authority Legal Developments
Deepfake Information Note by Turkish Personal Data Protection Authority

On 19.01.2024, the Personal Data Protection Authority published the Deepfake Information Note (Information Note). The purpose of the Information Note is to provide a better understanding of what Deepfake technology is, which is formed from the words deep learning and fake. The key points in the Information Note...

Personal Data Protection 22.01.2024
Guidelines on the Processing of Republic of Türkiye Identity Numbers Published Legal Developments
Guidelines on the Processing of Republic of Türkiye Identity Numbers Published

On 16.01.2024, the Personal Data Protection Authority published Guidelines on the Processing of Republic of Türkiye Identity Numbers (Guidelines). The purpose of the Guidelines are to provide guidance to data controllers by setting out the provisions of the legislation envisaging the processing of Turkish...

Personal Data Protection 19.01.2024
Thresholds for Public Offering and Transition to the Registered Capital System are determined for 2024 with the Capital Markets Board Decision Legal Developments
Thresholds for Public Offering and Transition to the Registered Capital System are determined for 2024 with the Capital Markets Board Decision

The Capital Markets Board Decision (Decision) dated 28.12.2023 and numbered 81/1811 is published in the Capital Markets Board Bulletin dated 29.12.2023 and numbered 2023/82. With the Decision, the amounts subject to revaluation in the Capital Markets Law No. 6362 and other regulations issued based on...

Capital Markets Law 04.01.2024
The Communiqué on the Default Interest Rate to be Applied in Late Payments in the Supply of Goods and Services and the Minimum Expense Amount that may be Requested for the Collection of Receivables Legal Developments
The Communiqué on the Default Interest Rate to be Applied in Late Payments in the Supply of Goods and Services and the Minimum Expense Amount that may be Requested for the Collection of Receivables

The Communiqué on the Default Interest Rate to be Applied in Late Payments in the Supply of Goods and Services and the Minimum Expense Amount that may be Requested for the Collection of Receivables (Communiqué) is published in the Official Gazette dated 02.01.2024 and numbered 32417. The Communiqué...


Commercial Law 03.01.2024
Regulation on Electricity Market Measurement Systems Legal Developments
Regulation on Electricity Market Measurement Systems

The Regulation on Electricity Market Measurement Systems (Regulation) was published in the Official Gazette dated 28.12.2023 and numbered 32413.The Regulation articulates the issues regarding the determination, installation, and operation of all measurement systems, including meters within the scope...

Energy Law 28.12.2023
Regulation on Loan Operations of Banks and Regulation on Determination of Risk Groups and Credit Limits Legal Developments
Regulation on Loan Operations of Banks and Regulation on Determination of Risk Groups and Credit Limits

The Regulation on Loan Operations of Banks (Loan Operations Regulation) and the Regulation on Determination of Risk Groups and Credit Limits (Risk Groups Regulation) (together Regulations) are published in the Official Gazette dated 21.12.2023 and numbered 32406. The Regulations will mostly enter into force...

Banking and Finance 25.12.2023
The Rates Regarding Delay Interest, Default Interest and Penitence Interest have been Amended Legal Developments
The Rates Regarding Delay Interest, Default Interest and Penitence Interest have been Amended

Through the promulgation of Presidential Decision No. 7782 (Decision), published in the Official Gazette dated 14th November 2023 and No. 32369, the delay interest rate, regulated under Article 51/1 of Law No. 6183 on the Procedure for Collection of Public Receivables, has been determined as 3.5% per month...

Tax Law 14.11.2023

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