Electronic Signatures and Their Evidential Value

Economic globalization is the increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, services, technology and capital. As a result of the increased economic global interactions, international trade has grown. Simultaneously, the speed of life in every aspect such as communication, logistics and access to information

Announcement re. Legal Entity Identifier Code

A new announcement has recently been made on the official website of Capital Markets Board (“the Board”) re. Legal Entity Identifier (“LEI”) Code for issuers on February 18, 2022. According to the fourth paragraph of Article 87 of the Capital Market Law No. 6362 (“Law”), “ In order to increase efficiency in data storage, the

Legal Alert re. Issuance of Signature Declarations Abroad

This Legal Alert aims at providing you with an update on an amendment as introduced by the Communique amending the Communique on Signing the AoAs at Trade Registry Directorates, published in the Official Gazette numbered 31193 and dated July 22, 2020 (the “Communique”). Please note that this Legal Alert is intended for general information purposes

Law on Reducing Effects of Covid-19

Law No. 7244 on Reducing the Effects of COVID-19 Pandemic on Economic and Social Life is published in the Official Gazette today. As per the Law, certain measures are introduced and amendments are made accordingly which will have effect in different sectors. The below novelties in relation to Labor Law and Turkish Commercial Code are

Financial Measures re. Covid-19

A meeting has been held on March 18, 2020 to discuss measures to be taken in order to provide financial stability and to reduce the effects of COVID-19 pandemic. Below is a brief summary of such presented measures, among others, which may directly concern businesses: • The April, May and June payments in relation to

Postponement of the Deadline for the Registration to the Data Controllers Registry

A new announcement has recently been made on the official website of the Data Protection Authority (www.kvkk.gov.tr) re. Decision No. 2019/387 of Personal Data Protection Board (“Board”) on “Postponement of the commencement date and deadline for the registration to the Data Controllers Registry” which was published in the Official Gazette numbered 30992 and dated December