With the principle decision of the Personal Data Protection Board (“Board”) dated 23.12.2021 which was published on 20.01.2022, the definition of joint data controller which was not present in Turkish legislation is put in place.
The Personal Data Protection Board (“KVKK”) ruled with its announcement dated 17.12.2021 that the processing of personal data at stores by sending a verification code to data subjects via SMS during their shopping is contrary to the legislation. KVKK..
The Regulation on Internal Systems of Insurance and Private Pension Sectors (the “Regulation”) and the scope of liabilities..
The Communiqué No:III-58.1.c amending the Communiqué on Asset and Mortgage Backed Securities No: III-58.1 (the “Communiqué) issued by the Capital Markets Board (the “Board”) entered into force on 16 October 2021 through its publication in the Official Gazette.
The Communiqué Amending the Communiqué on Tender Offers No. II-26.1 (II-26.1.ç) (“New Communiqué”), the draft of which was published by the Capital Markets Board (the “Board”) on 1 February 2021 on its official website, entered into force on 16 October 2021 through publication in the Official Gazette.
Regulation on Establishment and Activities of Asset Management Companies and Receivables to be Acquired (‘Regulation’) has been published in the Official Gazette numbered 31541 and dated 14 July 2021, and entered into force.
The Communiqué regulating the principles applicable to the project based securities, their issuance and the incorporation and activities of the project finance funds has been published.
The new regulation details the rules on the insurances that can be provided linked to goods and services offered by businesses whose primary business activity is not insurance brokerage which is becoming to stand out in practice.
With the recent announcement of the Competition Authority dated 24.6.2021, it has been declared that with respect to the applications of the transaction parties..
On March 16, 2021, Turkish Competition Authority published two important communiqués.