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Turkey | Publication | September 2021
By Utku Ünver, H. Alper Tüzün and Mert Müstecaplioğlu, İnal Ünver Attorney Partnership (in association with Norton Rose Fulbright in Turkey)
This Q&A guide to Retail Investment Funds in Turkey provides a high-level overview of the sector; including types, structures, regulatory environment, legislation, tax treatment and much more.
Reprinted with permission from Thomson Reuters Practical Law Institute
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In this edition of Regulation Around the World we review the position regarding beneficial ownership registers which has come into the spotlight following work by the Financial Action Task Force and the introduction of reforms in a number of jurisdictions.
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The European Union’s Foreign Subsidies Regulation (the FSR) entered into force on 12 January 2023 and creates a new regime aimed at combating distortions of competition on the EU internal market caused by foreign subsidies. It imposes mandatory notification and approval requirements for acquisitions of significant EU businesses and large EU public tenders, and gives the European Commission (EC) extensive powers to launch ex officio investigations. The notification requirements go live on 12 October 2023.
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