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REPEATED ACCIDENTS IN A WORKPLACE LEADS TO AGGRAVATED RESPONSIBILITY
REPEATED ACCIDENTS IN A WORKPLACE LEADS TO AGGRAVATED RESPONSIBILITY

The employer is legally and criminally liable for the occupational accident as a result of the employer's obligation to take all necessary precautions and to supervise the employee. In recurrent occupational accidents, the employer's aggravated responsibility emerges.

AUGUST 2022
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RESTRICTIONS FROM BRSA FOR BORROWING COMMERCIAL LOANS IN TURKISH LIRAS
RESTRICTIONS FROM BRSA FOR BORROWING COMMERCIAL LOANS IN TURKISH LIRAS

With its decision No. 10250 and dated June 24, 2022, the Banking Regulatory and Supervisory Authority has introduced a restriction for borrowing cash commercial loan in Turkish Liras for non-financial institution companies subject to independent audit.

JULY 2022
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MANDATORY USE OF TURKISH LIRA IN MOVABLE SALE CONTRACTS
MANDATORY USE OF TURKISH LIRA IN MOVABLE SALE CONTRACTS

According to the Communiqué numbered 2022-32/66, payment obligations in movable sale contracts signed between persons resident in Turkey, with the exception of vehicles sale contracts, may still be determined in foreign currency whereas payments concerning those contracts shall be made in Turkish Lira.

JUNE 2022
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ISSUANCE AND TRANSFER OF SHARE CERTIFICATES (JOINT STOCK COMPANIES)
ISSUANCE AND TRANSFER OF SHARE CERTIFICATES (JOINT STOCK COMPANIES)

Provisions in the Turkish Commercial Code regarding the issuance and transfer of share certificates by joint stock companies has been amended with the Communiqué issued by the Turkish Ministry of Commerce.

MAY 2022
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NEW AMENDMENTS REGARDING INTERMEDIARY SERVICE PROVIDERS
NEW AMENDMENTS REGARDING INTERMEDIARY SERVICE PROVIDERS

The Law on the Amendment of Consumer Protection Law and Property Ownership Law has been published on the Official Gazette numbered 31796 and dated April 1, 2022 and new regulations for intermediary service providers have been effected under Consumer Protection Law.

APRIL 2022
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RECENT REGULATION CHANGE ON MERGERS AND ACQUISITIONS
RECENT REGULATION CHANGE ON MERGERS AND ACQUISITIONS

With the amendments and regulations made under the Communiqué No. 2022/2, it is aimed to eliminate the deficiencies noticed in practice, to accelerate the permission process, to comply with current national and international legislation.

MARCH 2022
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