Recent COVID-19 measures adopted in Turkey in relation to the commercial real estate market.
Inside Turkey blog
Legal developments around Turkey
Topic: COVID-19Subscribe to COVID-19
COVID-19 and Turkish measures in relation to dispute resolution
The COVID-19 outbreak has had an impact on dispute resolution and enforcement proceedings, before courts, arbitration centers and enforcement/bankruptcy offices around the world.
COVID-19 update: New limitations to dividend distributions introduced
Posted in COVID-19
The omnibus law published in the Official Gazette on April 17, 2020 introduced new limitations to dividend distributions of companies to preserve their equities.
Webinar Recording: Uncertain times - The role of international financial institutions
Join us on Monday, May 4, 2020, at 19:00 TT/17:00 CET to hear from senior representatives of leading IFIs about their institutions’ evolving and developing response strategies.
COVID-19 measures in the Turkish financial sector: Deadline extension for reporting requirements
With its decision dated April 2, 2020, the Banking Regulatory and Supervision Agency (the “BRSA”) extended the deadlines applicable to certain reporting or notification requirements by 60 days.
Turkish energy market regulator extends deadlines for energy projects
The Energy Market Regulatory Agency (“EMRA”), with its decision dated April 2, 2020, provided some relief to the energy market amid the Covid-19 pandemic.
Requirements in Turkey of keeping the workplace safe during the COVID-19 pandemic
According to the Turkish Code of Obligations, Labor Law and Occupational Health and Safety Law (the “Laws”), employers are obliged to take all possible measures to ensure workplace health and safety.
Employee data protection in the time of COVID-19
Businesses and employers must not forego the protection of the personal data of their employees in the process of taking COVID-19 measures.
COVID-19 and force majeure under Turkish law
Businesses are now beginning to consider if invoking force majeure clauses can limit their contractual liability in the face of performance setbacks encountered due to the COVID-19 outbreak.
Turkey launches stimulus package amid COVID-19 threat
Turkey’s “Economic Stability Shield Package”, pursuant to which TL 100 billion will be deployed to help provide business continuity and take some of the financial burden off business owner’s shoulders.