Emissions Trading System Regulation Published in Turkiye
The Emissions Trading System Regulation, published in Turkiye on 27 August 2026, introduces emission permits, allowance surrender duties and tiered sanctions.
Legal analysis, commentary, and insights from the attorneys at Semiz Law Firm.
The Emissions Trading System Regulation, published in Turkiye on 27 August 2026, introduces emission permits, allowance surrender duties and tiered sanctions.
Companies below the new minimum capital thresholds must increase their capital by 31 December 2026 or be deemed automatically dissolved under Turkish law.
Turkiye's new regulation subjects short-term car rentals to an authorisation requirement and detailed consumer protection rules, effective 1 January 2027.
The Personal Data Protection Board's Principle Decision No. 2026/347 mandates that privacy notice and explicit consent texts must be prepared and presented as separate documents, identifying five categories of violations commonly encountered in practice.
Presidential Decree No. 11066, published on 17 March 2026, has increased the asset and revenue thresholds for companies subject to independent audit. Our analysis covers the general thresholds, SOE-related amendments, and effective date.
EMRA's March 2026 amendments: mobile charging stations, roaming, a single-price rule, ISO 27001 and transition deadlines for EV charging operators in Türkiye.
The Amending Regulation introduces a significant development for the payment and electronic money sector. Institutions will be able to generate overnight yield on TRY-denominated customer funds held in protection accounts, and the resulting yield income may be freely utilised by the Institution. This framework has the potential to make a meaningful contribution to Institutions' revenue models.
Merger control, cartels and abuse of dominance: what recent Turkish Competition Authority decisions mean for companies in Türkiye, and four practical takeaways.
Cross-border data transfers, new processing conditions and higher fines: the key KVKK amendments and the compliance steps businesses in Türkiye should take now.
Despite global economic headwinds, Turkey's M&A market has shown resilience. We examine key deal trends, active sectors, and the regulatory considerations shaping transactions in the current environment.