Insights

Amendments to align the regulations with existing EU standards on medical devices and in vitro diagnostic devices, ensuring their applicability in Türkiye, were published on August 17, 2024.

Our new article provides a thorough examination of internal investigations in Türkiye. It covers key topics such as whistleblowing mechanisms, labor law issues, data protection, and data transfers, offering a detailed and comprehensive overview.

Yönetmeliklerin tıbbi cihazlar ve in vitro tanı cihazlarına ilişkin mevcut AB standartlarıyla uyumlu hale getirilmesi ve bu standartların Türkiye'de uygulanabilirliğinin sağlanmasına yönelik değişiklikler, 17 Ağustos 2024 tarihinde yayımlanmıştır.

This article outlines hosting providers' key legal duties under Turkish law, including handling copyright issues and content removal. It highlights how meeting these requirements enhances hosting operations and manages legal outcomes effectively.

In our article, where we comprehensively examine the settlement mechanism in competition law with a comparative approach to EU legislation, we analyze the conditions and reasons for applying for settlement, detail the settlement procedure and outcomes, and emphasize the importance of pre-application assessments.

This article examines how the commercialization of personal data intersects with competition law, emphasizing the impact of big data on market dynamics and highlighting Türkiye’s collaborative approach to addressing privacy and competition challenges.

This article delves into the enforcement of arbitral awards in Türkiye, with a focus on strategies for enforcing foreign awards. It examines the interplay between local and international legislation, addressing procedural requirements and key legal considerations.

Effective July 25, the EU Corporate Sustainability Due Diligence Directive (CSDDD), which has an indirect yet vital impact on Turkish companies, requires proactive management of human rights and environmental impacts. Companies must first conduct due diligence, establish effective codes of conduct, invest in green transformation, develop reporting mechanisms, and engage in regular reporting. The CSDDD is not merely a compliance obligation but also provides an ethical framework and business opportunities, significantly contributing to long-term success.

This article examines the accountability of diplomatic missions for the personal data they acquire and process in the receiving State. It focuses on Türkiye's Law No. 6698 on the Protection of Personal Data and how these responsibilities intersect with their immunities under public international law, highlighting the complexities of balancing data protection with diplomatic privileges.

The EU AI Act, effective August 1, 2024, establishes stringent standards for AI risk management, transparency, and oversight. In response, regular training and policy updates are crucial for ensuring compliance and maintaining a competitive edge. This alert explores the Act’s key elements and their impact on EU businesses, highlighting the importance of risk assessment, data management updates, and dynamic strategies.

Our article examines the role of carbon markets in reducing emissions, focusing on the UN's Clean Development Mechanism and voluntary markets. It also explores global carbon pricing systems, from the EU’s CBAM to Türkiye’s forthcoming Emissions Trading System, highlighting challenges and advancements.

The Suspicious Transaction Reporting Guideline for Crypto Asset Service Providers has been updated by the Turkish Financial Crimes Investigation Board (MASAK) and came into force on July 26, 2024. The revised guidelines cover additional sector-specific and suspicious transaction types to address evolving crime typologies, enhancing preventive measures against financial crimes. Our article provides a detailed overview of these updates.

This article explores the critical necessity for multinational corporations to adhere to ESG regulations and the potential risks of failing to protect workers' rights. Through a detailed case study of a lawsuit against a multinational company, we highlight the impacts of the French Corporate Duty of Vigilance Law and the EU Corporate Sustainability Due Diligence Directive (CSDDD) on corporate operations, emphasizing the significance of meeting global responsibilities.

25 Temmuz itibariyle yürürlüğe giren ve Türk şirketleri üzerinde de dolaylı ancak hayati bir etkisi bulunan AB Kurumsal Sürdürülebilirlik Durum Tespiti Direktifi (CSDDD), şirketlerin insan hakları ve çevre üzerindeki etkilerini proaktif bir şekilde yönetmelerini zorunlu kılmaktadır. Bu kapsamda, şirketlerin öncelikle durum tespiti yaparak, etkili davranış kuralları oluşturması, yeşil dönüşüme yatırım yapması, raporlama mekanizmaları geliştirmesi ve düzenli raporlama yapması gerekmektedir. CSDDD, sadece bir uyum yükümlülüğü değil, aynı zamanda etik bir çerçeve ve iş fırsatları sunarak uzun vadeli başarıya önemli bir katkı sağlamaktadır.

Our article explores the FCPA and FEPA, detailing their objectives, challenges, and impact on global business and employment. It emphasizes the importance of compliance and the potential consequences of violations.

This article provides a streamlined overview of capital increases for limited liability companies in Türkiye through capital contributions (equity injections). It covers essential steps and requirements, offering guidance on capital determination, application procedures, necessary documentation, and registration to help ensure compliance with recent regulatory changes. Capital increases through contributions in kind or bonus issues (e.g., share premiums) will be analyzed in our following articles.