Capital Markets Board (“CMB”) has increased the financial conditions for initial public offerings, based on the re-evaluation ratio, with its Decision dated 26 December 2024 and numbered 66/2058, announced in the CMB Bulletin dated 31 December 2024. Some of the significant changes are highlighted below:

On December 3, 2024, the Turkish Competition Authority took a significant step by publishing the “Guidelines on Competition Infringements in Labour Markets” (“Guideline”) within the scope of the Law No. 4054 on the Protection of Competition (“Law No. 4054”).