Goodwill Indemnity – Portfolio Compensation

Pekin Bayar Mizrahi is pleased to share a joint article co-authored with KPMG on goodwill indemnity / portfolio compensation.

SEC Proposes New Rules

On May 25, 2022, US Securities and Exchange Commission (“SEC”) proposed amendments to the rules in order to require investment funds..

Turkish Sustainability Standards

On November 2021, the IFRS Foundation announced the formation of the International Sustainability Standards Board (“ISSB”) under the..

Guidelines on Green Financing are Published by the Capital Markets Board

The Capital Markets Board (the “CMB”) published the Guidelines on Green and Sustainable Debt Instruments and Lease Certificates on 24 February 2022 through the its principle decision numbered i-SPK 128.18..

Template Report re Sustainability Principles Compliance is published.

Sustainability Principles Compliance Framework (the “Sustainability Principles”) published by the Capital Markets Board (the “CMB”) to set out the main principles of the sustainability works of public companies and encourage..

The List of Attendees for Bearer Shares in Joint Stock Company General Assemblies Will Now Be Obtained from CRA

In parallel with the amendments made to the Turkish Commercial Code (“TCC”) regarding the obligation to notify and register bearer share certificates to the Central Registry Agency…

Have You Registered Your Bearer Share Certificates with CRA?

Communiqué on Notification and Registration of Bearer Share Certificates to the Central Registry Agency (“Communiqué”) entered into force on April 6, 2021…

Recent Developments Regarding Practices of Signature Declarations

In relation to the practices of signature declarations, (i) Turkish Commercial Code No. 6102 (“TCC”) was amended on February 3, 2021 and (ii) the Communiqué on the Execution of the Incorporation Articles of Association of Companies in Trade Registry Directorates (“Communiqué”) was amended on February 20, 2021.