Archive: February 2020

The US government will vet more foreign investments in US companies and assets starting February 13.

With a new Communiqué that entered into force on January 10, 2020, namely the Communiqué on Principals Regarding Revocation of Voting Privileges and Privileges to be Represented on the Board of Directors, the Turkish Capital Markets Board (the “CMB”) is now authorized to revoke voting privileges.

On January 31, 2020, France, the United Kingdom, and the United States announced a settlement with Airbus SE (Airbus), the French aircraft manufacturer, in relation to bribery allegations and, in the US and France, export control violations.

Olgu Kama, Partner with İnal Kama Attorney Partnership, Norton Rose Fulbright’s affiliated practice in Istanbul, and Vice Chair of Transparency International Turkey, recently moderated a panel entitled “Judiciary in the Fight against Corruption” which was organized by Transparency International Turkey.

With the globally increasing awareness of ESG (Environmental, Social and Governance) topics and the responsible investment movement, businesses and governments are being urged to consider the interests of all stakeholders.

The Communique on the E-Commerce Trust Badge, which has been in force since June 2017, now bears fruit: The first batch of online businesses start placing the trust badge on their websites in January 2020.

Turkey will attach more importance to Africa in 2020” stressed Turkey’s Trade Minister Ruhsar Pekcan on a visit to Nigeria and Morocco during the week of January 13, 2020.