09 July 2020
COMPETITION LAW AMENDED TO FURTHER HARMONIZE IT WITH EU LAW:
The Law Amending the Law on the Protection of Competition was published in the Official Gazette dated 24 June 2020 and numbered 31165 and entered into force on the same day. The preamble of the Amending Law provides that the amendments aim to harmonize the Law on the Protection of Competition numbered 4054 with the European Union laws and to establish a modern competition legislation.
03 July 2020
24 June 2020
28 May 2020
DEADLINES FOR THE CENTRALIZED COMMERCIAL MESSAGE MANAGEMENT SYSTEM ARE EXTENDED:
The Ministry of Commerce extended the deadline for registering the opt-in consents of recipients with IYS until 31 August 2020 with an announcement on the Ministry’s website on 23 May 2020. Accordingly, the recipients will need to check the opt-in consents registered in their names by 1 December 2020.
21 May 2020
GOVERNMENT PUBLISHES EXCEPTIONS TO RESTRICTIONS ON DISTRIBUTION OF PROFITS:
Exceptions to restrictions on companies’ distribution of their net profits in 2019 was published in the Official Gazette on 17 May 2020 through the Communiqué on the Principles and Procedures of Implementation of the Temporary Article 13 of the Turkish Commercial Code and entered into force the same day.