On September 17, 2018, the Treasury had made a press release which was expected to be clarified with further explanations. The alteration to the recently announced regulations and the press release was announced on Saturday, October 6, 2018, through the Communiqué. As per the newly published Communiqué, workplaces (employers) are obligated to have employment contracts based on foreign currency converted to Turkish Lira (TRY) based contracts in certain cases. The deadline to have the employment contracts amended to TRY is October 12, 2018.