a. Minimum Wage

In The press release dated July 01, 2022, the Ministry of Labor along with the Minimum Wage Determination Committee have announced the minimum wage to be effective as of July 01, 2022, as shown in the table below.

The Law on Amending the Code of Judges and Prosecutors (In Turkish) and Some Laws ("Law") was published in the Official Gazette dated June 28, 2022 and numbered 31880.

The Law, which brought regulations in different laws, also made changes in the Notary Law No. 1512 (In Turkish).

• From the date of January 1, 2023, Notaries will be able to make a preliminary real estate contract and real estate sales contract. If one of the parties requests this contract and pays its fees and expenses, it can or may not annotate the land registry through the land registry information system (In Turkish), and notary publics will be responsible for these transactions.

Small information files stored on internet browsers by visited websites are called cookies. While some types of cookies are absolutely necessary for the functioning of the website visited, some types of cookies can be used to store information such as language preference or location of website visitors.

The Draft Guideline on Cookies Applications(in Turkish) was published by the Turkish Personal Data Protection Authority ("Authority") and presented to the public. On June 20, 2022, the Guideline on Cookies Applications ("Guideline") has been published on the website of the Authority for both data processors and data controllers.

It has been stated that the Guide will also be valid for desktop and mobile websites or web applications and it is aimed to create a guiding document as practical advice for all data controllers who operate a website. The Guideline also includes recommendations regarding personal data processed through cookies within the scope of the Turkish Personal Data Protection Law ("Law").

The amendment made to the Law on Amendment the Turkish Code of Obligation ("Law") (In Turkish) is as follows:

"In terms of house rents, agreements regarding the rental price to be applied in renewed rental periods between the date of entry into force of this article and July 1, 2023 (including this date) are valid, provided that it does not exceed twenty-five percent of the rental price of the previous rental year. If the rate of change in the consumer price index of the previous rental year is below twenty-five percent compared to the twelve-month averages, the rate of change is valid. This rule also applies to lease agreements for more than one year. Agreements made to exceed these rates are invalid in terms of excess amount. The provision of this paragraph is also applied for the decisions to be made by the judge in accordance with the second paragraph of Article 344." The regulation entered into force as of June 11, 2022.