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Turkey: New Regulation Bans Use of Cryptoassets in Payments

(May 12, 2021) On April 16, 2020, the Regulation on the Use of Cryptoassets in Payments issued by the Central Bank of Turkey was published in the Official Gazette. The regulation defines cryptoassets as “intangible assets that are virtually created with distributed ledger technology or similar technologies and are distributed through digital networks, but are […]

Turkey: Constitutional Court Censures Lower Court for Not Enforcing Constitutional Court Judgment

(Apr. 9, 2021) On January 21, 2020, the Grand Chamber of the Constitutional Court of Turkey issued its decision in the Kadri Enis Berberoglu (3) case, censuring the Istanbul 14. Criminal Court for refusing to comply with the Constitutional Court’s prior decision in Kadri Enis Berberoglu (2). The cases arose from complaints made by Kadri […]

Turkey: Parliament Passes Law to Suppress Financing of Weapons of Mass Destruction Proliferation

(Jan. 27, 2021) On December 27, 2020, Turkey’s Parliament passed Law No. 7262 on the Suppression of the Financing of Weapons of Mass Destruction Proliferation. The explanatory memorandum of the draft bill that became Law No. 7262 states that the bill was created in response to the Financial Action Task Force’s (FATF’s) 2019 Turkey Mutual […]

Turkey: Drastic Mobility Restrictions to Prevent Spread of COVID-19 Adopted Nationwide

(Jan. 15, 2021) In December 2020 and early January 2021, Turkey’s Ministry of Internal Affairs, in accordance with presidential cabinet decisions, issued a series of orders introducing an array of measures regulating people’s mobility in an effort to contain the spread of COVID-19 in the country. In particular, a number of special measures were adopted […]

Turkey: Competition Authority Fines Google and Subsidiaries for Abuse of Market Dominance

(Dec. 8, 2020) On November 13, 2020, the Turkish Competition Authority (CA) announced in a press release that it had fined Google 196.7 million Turkish lira (about US$25.74 million) for breaching competition law rules. The CA was conducting an investigation into allegations that Google had abused its dominance in the general search services market through […]

Turkey: Provincial Bar Associations Sue Government for Prohibiting Large Public Meetings and Elections Because of COVID-19 Fears

(Nov. 3, 2020) During the first two weeks of October 2020, bar associations in Turkey initiated protests and legal action against the government over the cancellation of general assembly meetings and elections of provincial bar associations imposed as a preventive measure against COVID-19 spikes during the upcoming cold season. The controversy had originated on October […]

Turkey: Presidential Decree Extends COVID-19-Related Dividend Payment Limit by Three Months

(Oct. 7, 2020) A presidential decree published in Turkey’s Official Gazette on September 18, 2020, extended by three months the term of a rule that temporarily limits the amount of profits that companies can pay out to shareholders as dividends. The rule was included in the Turkish Commercial Code (TCC) on April 17, 2020, as […]

Turkey: Constitutional Court Finds Violation of Constitutional Rights in Courts’ Failure to Decide on Abortion Authorization in Pregnancy Resulting from Sexual Assault

(Sept. 30, 2020) On September 10, 2020, a judgment of the Grand Chamber of the Constitutional Court of Turkey in the case of R.G. was published in the Official Gazette. The Court found that a minor crime victim’s right to protect and improve her corporeal and spiritual existence enshrined in article 17 of the Constitution […]