The Regulation Amending the Regulation on Remote Identification Methods to be Used by Banks and Establishment of Contractual Relationship in Electronic Environment (“Amendment Regulation”) has been published in the Official Gazette dated 25.05.2023 and numbered 32201. With the Amending Regulation, the definitions of “Real Beneficiary,” “Central Registry Registration System (MERSIS),” “Trade Registry Gazette” and “Legal...

The European Council (“Council”) has published a press release on 16 May 2023, announcing that the Markets in Crypto-Assets Regulation (“MiCA”) which was proposed by the European Commission on 24 September 2020 has been approved. With this long-awaited approval, the European Union (“EU”) regulates crypto-assets, crypto-asset issuers and crypto-asset service providers under a legal framework...

In April 2023, the Competition Authority published the “Reflections of Digital Transformation on Competition Law” (“Guide”). The Guide aims to provide a forward-looking roadmap on the application of Turkish competition law in digital markets and the challenges and policy changes needed in these markets, which will be of interest to a wide range of stakeholders,...

The Regulation Amending the Regulation on Private Pension System (“Amending Regulation”) has been published in the Official Gazette dated 28.03.2023 and numbered 32146. The Amending Regulation amended the Regulation on Private Pension System (“Regulation”) published in the Official Gazette on 01.12.2021. With the Amending Regulation, an addition has been made to Article 10, which stipulates...

The Regulation Amending the Regulation on Principles Regarding the Establishment and Activities of Pension Mutual Funds (“Amending Regulation”) was published in the Official Gazette dated 10.03.2023 and numbered 32128. The Amending Regulation amended the Regulation on Principles Regarding the Establishment and Activities of Pension Mutual Funds (“Regulation”) published in the Official Gazette on 13.03.2013. Paragraph...

The Information and Communication Technologies Board Decision (“Decision”) has been published in the Official Gazette on 01.04.2023 by the Information and Communication Technologies Authority (“Authority”) regulating the procedures and principles regarding social network providers. The Decision aims to determine the obligations of the social network provider and the procedures and principles regarding the implementation of...