Authors:
Türkiye | Publication | March 2023
As businesses focus on technological transformation, rapid regulatory change, data complexity and unforeseen crises, among many other areas, compliance rules are constantly evolving to keep pace with change.
In this third issue of our Compliance Quarterly, we continue to inform our clients about the global and local compliance rules and regulations which impact Turkish businesses. We highlight legal developments taking place in Turkey and in major jurisdictions where Turkish entities operate, including the US, EMEA and China, drawing on the knowledge of lawyers in the Norton Rose Fulbright offices around the world.
Our readers will once again find useful information on a range of areas, including data governance and cybersecurity; environmental, social and governance; health regulations and employment; competition and antitrust; capital markets; and numerous others.
We hope that you find the information in this third issue of the Compliance Quarterly useful for your business. Please contact us with any questions you may have about the topics covered.
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Most incidents handled by our Norton Rose Fulbright cyber team originate from the customer’s service provider. In many cases it is the service provider’s systems, infrastructure and environment which proves to be the most vulnerable to cyber breaches and security issues.
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Canada and the European Union signed a Security and Defence Partnership (SDP), which formalizes a mutual intent to foster closer ties by establishing a framework for dialogue and cooperation across the full security and defence spectrum.
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The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is now half way through its first phase of compliance, while the supporting regulatory frameworks constituting the building blocks for the CORSIA and Article 6 markets are incrementally being cemented in place and the market is developing fair mechanisms for managing key gap risks.
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