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Topic: Compliance

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Norton Rose Fulbright announces alliance with Pekin Bayar Mizrahi in Turkey

October 22, 2021

Global law firm Norton Rose Fulbright has bolstered its client offering in Turkey by forming a new alliance with leading Turkish firm Pekin Bayar Mizrahi.

Global Rules on Foreign Direct Investment - Turkey

August 18, 2021

Increasingly, cross-border transactions are triggering foreign direct investment (FDI) screening requirements.

Returning to the workplace: Turkey chapter in a global comparative survey

September 01, 2020

As Turkey’s economy continues to respond to the challenges posed by the COVID-19 global pandemic, domestic and international companies are seeking a safe return to full operations in the country.

US President issues Executive Order expanding sanctions relating to China and revoking Hong Kong’s preferential status

August 12, 2020

On July 14, 2020, US President Donald Trump issued Executive Order 13936 (the “Order”), which authorizes the imposition of sanctions on additional persons determined to be involved in China’s new national security law (the “National Security Law”) and revokes Hong Kong’s preferential trade treatment.

Notable developments: Communiqué on the implementation of digital services tax entered into force

April 14, 2020

A digital services tax entered into force in Turkey on March 1, 2020. Pursuant to the Law No. 7194 on Digital Services Tax and Amendment to Certain Laws and Law Decree No. 375 (the “Law”) promulgated in December 2019.

Details of the commercial electronic communication management system are introduced

April 08, 2020

Amendments to the Regulation on Commercial Communications and Commercial Electronic Messages (the “Regulation”) were published in the Official Gazette on January 4, 2020.

Sensitive data under Turkish data protection law

March 02, 2020

Personal data relating to race, ethnic origin, political opinion, philosophical belief, religion, religious sect or other belief, clothing and appearance, membership in associations, foundations or trade-unions, data concerning health, sexual life, criminal convictions and security measures, biometric and genetic data are defined as sensitive data in Turkish data protection legislation.

Expanded reviews of US in-bound investments

February 28, 2020

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

Transparency International Turkey’s Panel on Judiciary in the Fight against Corruption

February 24, 2020

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.

Introduction: ESG is no longer optional

February 20, 2020

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.