Sponsored briefing: Hot topics in Turkish renewable energy market

As of February 2022, Turkey’s renewable energy capacity is approximately 53,500 MW amounting to just over half of Turkey’s total installed capacity. This was largely thanks to YEKDEM, Turkey’s USD-based feed-in tariff. Depending on the renewable energy source, this mechanism provided guaranteed purchase prices between US$7.3 and US$13.3 per KWh for the first ten years […]

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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 […]

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Work and Residence Permits in Turkey

In the light of the recent developments in Russia and Ukraine, we have come across companies that are willing to relocate their employees and/or freelancers, together with their immediate families, due to the current and expected difficulties and restrictions. In this respect, Turkey, as a neighbouring country, is considered as the most feasible option for […]

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Client Alert: Swift Amendments To The E-Money Regulations: Massive Hikes In Requirements For Institutions

The Central Bank of Republic of Turkey (“CBRT”) has decided to increase the minimum requirements with regard to the own funds1 of institutions set out in the E-Money Regulation2 (“Regulation”), which was published in the Official Gazette in December 2021. This comes as no surprise, as Turkey’s national currency, the Lira, took a huge hit in recent […]

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Your Debtor’s Assets Are Just A Click Away!

The Regulation on Investigating Asset, Right and Receivable through the National Judiciary Informatics System (the “Regulation”) has been published in the Official Gazette. The Regulation sets out the details of the amendments introduced to the Enforcement and Bankruptcy Code, which enables a creditor pursuing a debtor through execution proceedings, to investigate and ascertain the debtor’s […]

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