LEGAL INSIGHTS QUARTERLY

June 2016 - August 2016

Corporate Law

Amended Independent Audit Criteria Invalidity of a Resolution of the Board of Directors

Banking and Finance Law

Full-Fledged Adoption of Basel III by Turkey

Capital Markets Law

Share Capital Increase through Utilization of Internal Sources and by way of Share Capital Subscription in Joint Stock and Limited Liability Companies

Competition Law / Antitrust Law

The Draft Block Exemption Communiqué on Vertical Agreements in the Motor Vehicle Sector

The Administrative Court upholds the Board’s Hyundai Dealers Decision

New Block Exemption Communiqué on Research and Development Agreements

Labor Law

Termination of Employment Agreement upon Unethical Behavior at Workplace

Litigation

A Game-Changing Decision from the 11th Circuit on Limitation Period of Compensation Claims Connected to Competition Law Violations

Internet Law

Internet Law Related Matters on EU’s 2015 Turkey Progress Report

Data Protection

Long-Awaited Law on Protection of Personal Data is Approved by the Turkish Parliament and Published on the Official Gazette on April 7th, 2016

Telecommunications Law

The Upcoming Communiqué Regarding Principles and Procedures on Providing Value-Added Electronic Communication Services

Decision of Turkish Tobacco And Alcohol Market Regulatory Authority

An Update on Tobacco Products: Brand Stretching in Turkey

Real Estate Law

Questioning a Frequently Encountered Practice: “Key-Money”

White Collar Irregularities

DOJ Launches FCPA Pilot Program for Voluntary Self-Disclosure - What does it offer?