In its decision dated 14/3/2024 and numbered 2023/69 E., 2024/82 K. published in the Official Gazette dated 19/4/2024 and numbered 32522 (Decision), the Constitutional Court (AYM) ruled that the Additional Corporate Tax introduced by Law No. 7440 for the amounts exempted and deducted in the corporate tax return for the year 2022 and discounted corporate...Read More

The Communiqué (Amending Communiqué) Amending the Communiqué on Decree No. 32 on the Protection of the Value of the Turkish Currency (Communiqué No: 2008-32/34) (Communiqué) prepared by the Ministry of Treasury and Finance entered into force after being published in the Official Gazette on February 28, 2024. As it is known, with the amendment made...Read More

Communiqué on Redetermination of Minimum Equity Amounts of Payment and Electronic Money Institutions was published in the Official Gazette on January 27, 2024 The Central Bank of the Republic of Turkey (CBRT) amended the Communiqué on the Redetermination of the Minimum Equity Amount of Payment and Electronic Money Institutions (Communiqué) published on 27/01/2024 and the...Read More

At the meeting of the Advertisement Board numbered 341 held on 9 January 2024, an important principle decision was taken regarding discount sale advertisements with the amendment made to the “Guideline on Advertisements Containing Price Information and Discount Sale Advertisements and Commercial Practices” in order to prevent consumer grievances through misleading advertisements and practices that...Read More

European Parliament and the Council of Europe reached a provisional agreement on the Artificial Intelligence Act (Act) that will be the first regulation on artificial intelligence on 09/12/2023. Act aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI. On the Act, Artificial Intelligence System...Read More

In response to appeals by Union de la Bijouterie Horlogerie and Pellegrin & Fils, France’s competition authority, the Autorité de la concurrence (Autorité), fined Rolex France for prohibiting its retailers from selling Rolex watches online for more than a decade. The selective distribution agreement regulating the dealings between Rolex and its retailers prohibited retailers from...Read More

Within the scope of compliance with the amendments made in the Law No. 585 on the Regulation of Retail Trade, the “Regulation Amending the Regulation on the Principles and Rules to be Applied in Retail Trade” (Regulation) was published in the Official Gazette dated 14 December 2023 and numbered 32399 to enter into force on...Read More

What protection does the “Fair and Equitable Treatment” (FET)-clause, which can be found in most contemporary International Investment Agreements, offer to foreign investors? The most important usage of international minimum standart has been its inclusion as the relevant standart in over thousands bilateral investment treaties. It is most commonly put in terms of fair and...Read More

The importance of interpretation of CISG can be understood as function existing itself. One of the reason why CISG is existed is that trying to overcome legal differences as well as facilitating business transactions between parties. Furthermore, as we look at the preamble of CISG, which says that ‘’The States Parties to this Convention (..)...Read More

Law is still a service business but we are at the beginning to experience much more productization in law, including the legal tech startups and ongoing innovation efforts within the traditional provider ecosystem. Thus, particularly as applied to the productization in law, implementing lessons from the discipline of user centered design will prove to be...Read More