ELIG Gürkaynak LIQ - September 2020

LEGAL INSIGHTS QUARTERLY

September 2020 – December 2020

Corporate Law  

Conditions for Being Subject to Independent Audit and Consequences of Not-Being Audited 

Banking Law

Turkish Legislators Enable Electronic Execution of Certain Agreements 

Capital Markets Law

New Alternative to Project Funding: Project Finance Funds 

Competition Law / Antitrust Law

Unchartered Territories: A Comparative Study of the Newly Introduced Commitment and Settlement Mechanisms of Turkish Competition Law with the European Union Competition Law 

Persistent Scrutiny over Previous Merger Control Filings Continues: The Board Imposes Two Administrative Fines to Brookfield Asset Management Inc. for Gun-Jumping and False and Misleading Information 

The Turkish Competition Board concluded its preliminary investigation highlighting the importance of not restricting online sales once again 

Emphasis on “Awareness” and “Consent” in Information Exchange: The Board found that the Unilateral Information Exchange of an Employee of Arçelik does not Violate Article 4 of Law No. 4054

Employment Law

Termination of Employment Agreements based on Valid Reasons through Staffing Norm Practice

Litigation

Mediation Process Became Mandatory for Disputes Related to Consumer Law 

Real Estate Law

Changes in the Turkish Rental Law upon Entry into Force of the Postponed Articles of the Turkish Code of Obligations 

Data Protection Law

Turkish Data Protection Authority’s Decision on Right to be Forgotten 

Internet Law

Amendment Law on Social Networks 

Telecommunications Law

ICTA’s Decision on Consumer Complaints Regarding Obtaining Approval/Consent for Instant Notifications 

Anti-Dumping Law

Anti-Dumping Measures Expired in 2020 and to Expire Within the First Half of 2021 

White Collar Irregularities

EU Practices on the Protection of Whistleblowers during COVID-19 Outbreak