lighted bridge over water at night time

Archive: January 2021

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ICTA announces advertisement ban on Pinterest, Twitter and Periscope

January 19, 2021

The Information and Communication Technologies Authority published a group of decisions relating to banning advertisements on social media platforms.

Turkish electricity market round-up 2020

January 18, 2021

2020 was an active year for the Turkish energy market.

Details of valuable residential real property tax revealed

January 16, 2021

The Turkish Ministry of Treasury and Finance published a general communique relating to controversial “valuable residential real property tax.”

Ministry of Treasury and Finance relaxes regime applicable to foreign currency denominated loans utilized by Turkish PPP project sponsors

January 06, 2021

In late 2020, the Ministry of Treasury and Finance adopted certain amendments to the Capital Movements Circular to introduce a more relaxed regime for project sponsors considering foreign currency denominated loans to fulfil the equity contribution obligations and financing needs of Turkish public-private partnership (PPP) projects.

The entry into force of the ICC 2021 Rules

January 02, 2021

New rules regarding the conduct of arbitration and case management for arbitral proceedings submitted to the International Chamber of Commerce (“ICC”) entered into force.