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News & Analysis

Turkey: Secondary Regulation on Crypto Assets Comes into Force!

21 March 2025 by Paksoy - Turkey

Following the provisions introduced to the Capital Markets Law No. 6362 (“CML”) on crypto assets and crypto asset service providers (“CASPs”), the Capital Markets Board's (“CMB”) resolutions dated 8 August 2024 and 19 September 2024 and the amendment to the legislation of MASAK - the Financial Crimes Investigation Board, the CMB's Communiqué No. III-35/B.1 on the Establishment and Operating Principles of Crypto Asset Service Providers (“Communiqué No. III-35/B.1”) and Communiqué No. III-35/B.2 on the Operating Procedures and Principles and Capital Adequacy of Crypto Asset Service Providers (“Communiqué No. III-35/B.2”) have been published in the Official Gazette dated 13 March 2025.
News & Analysis

Turkey: Minimum equity amounts for payment services and electronic money institutions have been reassessed

10 February 2025 by Paksoy - Turkey

On 30 January 2025, Central Bank of the Republic of Türkiye (CBRT) published the Communiqué on the Reassessment of Minimum Equity Amounts for Payment and Electronic Money Institutions.
News & Analysis

Turkey: Thresholds for Initial Public Offerings Increased

06 January 2025 by Paksoy - Turkey

As per the decision of the Capital Markets Board (the “CMB”) published in its bulletin dated 31 December 2024, the financial thresholds required for the companies’ initial public offering have been increased which introduce challenges for small-scale companies aiming for a public offering.
News & Analysis

Turkey: Pekin Bayar Mizrahi strengthens its global client offering through alliance withNorton Rose Fulbright

09 September 2021 by Pekin Bayar Mizrahi

Leading Turkish firm Pekin Bayar Mizrahi has bolstered its client offering around the world by forming a newalliance with global law firm Norton Rose Fulbright.
News & Analysis

Turkey: Alper Uzun has been promoted as Partner of Erdem & Erdem

01 July 2021 by Erdem & Erdem

We are very proud of announcing that Alper Uzun has been promoted as Partner, as of July 1, 2021.
News & Analysis

2020 M&A Report: Turkey

26 October 2020 by H Ercüment Erdem and Özgür Kocabaşoğlu, Erdem & Erdem Law Office

The Annual Turkish M&A Review 2019, produced by Deloitte, reports that around 233 transactions were closed in 2019, with a total value of $5.3 billion. Technology, internet and mobile services, and energy were the leading sectors for the M&A market in 2019.
News & Analysis

Implementation of the Physical Cash Pooling Concept Under Turkish Legislation

06 February 2020 by Gönenç Gürkaynak, Esq., Nazlı Nil Yukaruç and Damla Doğancalı and Selen Sakar

BRIEFING: Istanbul, 6 February, 2020
News & Analysis

How to Process the Forward Looking Statements as per the Communiqué on Material Events?

04 December 2019 by Gönenç Gürkaynak, Esq., Damla Doğancalı and Selen Sakar

BRIEFING: Istanbul, 4 December, 2019
News & Analysis

European Union Initiates Dispute Complaint Against Turkey’s Measures on Imports of Pharmaceutical Products

05 November 2019 by Gönenç Gürkaynak, Esq., Ceren Yıldız, Sinem Uğur, Nazlı Gürün

BRIEFING: Istanbul, 5 November, 2019
News & Analysis

In Online Marketplace Sales, Courts Rule with an Eye towards the Parties of Sales Transactions

25 October 2019 by Gönenç Gürkaynak, Esq., Tolga Uluay, Doruk Altın and Safa Koyuncu

BRIEFING: Istanbul, 25 October, 2019
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