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Turkish Commercial Code

 
22October2021

Amendment to the Regulation on Associations

Regulation Amending the Regulation on Associations ("Regulation") is published in the Official Gazette numbered 31635 and dated 21.10.2021.

With the Regulation, it is possible to hold the general assembly and board of directors’ meetings of associations electronically, and some critical changes are made about risk analysis and auditing of associations.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Turkish Commercial Code

01June2021

Have You Completed Your IYS Registration?

There are certain periods and deadlines stipulated in the Law on Regulation of Electronic Commerce no 6563 (E-commercial Law) for Message Management System (IYS) registration according to the official announcement made by the Ministry of Trade on 30.11.2020. According to the official announcement, for service providers with commercial electronic message approvals of over 150 thousand, the deadline of submitting confirmations has been postponed to 31 December 2020; for service providers with commercial electronic message approvals of 150 thousand or less, the deadline for submitting confirmations has been postponed to 31 May 2021. The deadlines which were determined with the announcement is not postponed and the deadline for registration has been finalized hereof.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Turkish Commercial Code

03May2021

Regulation on the Prohibition of Cheque Submission

A provisional article was added to the Law Amending Some Laws dated March 25, 2020 and numbered 7226 With the Law Amending the Tax Procedure Law and Some Laws published in the Official Gazette dated April 30, 2021 and numbered 31470. You can reach the Official Gazette from here.

What Does the Regulation Bring?

Within the scope of the fight against the Covid-19 epidemic, a regulation has been made regarding the follow-ups based on the cheques and bill of exchange to prevent loss of rights, taking the restrictions applied through the country into account. The amendments entered into force as the publication date in the Official Gazette. According to the regulation;

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Turkish Commercial Code

16April2021

The Regulation Prohibiting Payments with Crypto-assets

The Regulation Prohibiting Payments with Crypto-assets (“Regulation”) that published in the Official Gazette dated April 16, 2021 and numbered 31456 will enter into force on April 30, 2021.

What is the purpose of the Regulation?

Procedures regarding the non-use of crypto-assets in payments, not using crypto-assets directly or indirectly in the provision of payment services and electronic money issuance, and the transfer of fund from payment services and electronic money institutions to platforms offering trading, custody, transfer or issuance services to crypto-assets and it is aimed to determine the principles.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Turkish Commercial Code

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