Dentons (JD Supra Turkey)

Status – Has any special status been introduced? General curfew - General curfew applicable on weekends and between 9 pm and 5 am on weekdays, with certain exceptions regarding continuing production, procurement and logistics activities etc. 

Concern around carbon footprints, climate change, greenhouse emissions and compliance with environmental regulations and anti-bribery and corruption legislation has been on the rise over the last 20 years.

On October 1, 2020, the Agreement between the Government of the Republic of Turkey and the Government of the People’s Republic of China Concerning the Reciprocal Promotion and Protection of Investments (the “Agreement”) was published in the Turkish Official Gazette to ratify an amendment protocol signed by the contracting parties.

Today, we live in a world surrounded by virtual reality. Virtual reality is commonly used in advertising, video games, cinema, entertainment, education, training, simulations, architecture, engineering and the defense industry.

Last year the Turkish government introduced significant improvements to the parental rights of Turkish employees. Whether these new rights will be sufficient to allow for workplace practices to adapt to the realities of modern family life is questionable, but they certainly can be seen as a step forward.

A new banking regulation, “Systemically Important Banks” (the Regulation), has come into force upon its publication in the Turkish Trade Registry Gazette. The purpose of the Regulation is to determine (i) the “systemically important banks” whose operations are vital for the Turkish financial system, (ii) the amount of additional capital buffer these banks will be required to reserve, (iii) how...