Insights

As technology evolves, our legal exploration grapples with the impact of Digital Inheritance on both daily life and legal frameworks. This article delves into the realm of inheriting digital assets, encompassing cryptocurrencies, social media accounts, and iCloud data. Key rulings in Germany and Türkiye shed light on the inheritance of digital legacies, underscoring the crucial need to align digital platforms with legal principles. Our exploration extends to pivotal issues, including user agreements, telecommunications privacy, and personal data protection, collectively shaping the future landscape of digital heritage management.

In a significant development for Turkey's business environment, the Public Oversight, Accounting, and Auditing Standards Authority has issued a crucial decision concerning Turkish Sustainability Reporting Standards (TSRS). This decision elucidates the conditions that determine which companies fall under the purview of TSRS. Serving as a cornerstone, the decision provides clarity for companies as they incorporate environmental, social, and governance aspects into their sustainability reports.

Applications will be accepted until March 1st, 2024.

In 2024, the U.S. anticipates the introduction of Bitcoin Exchange-Traded Funds (ETFs). Concerns arise as the SEC mandates cash redemptions over standard in-kind transactions, adding complexity and increased costs for issuers. In our news alert, we explore the implications of this pivotal shift in the cryptocurrency market.

In a transformative development for European ESG regulations, the Corporate Sustainability Due Diligence Directive mandates extensive due diligence by large companies, specifically targeting adverse environmental and human rights impacts across their value chain. This directive introduces civil liability and penalties, reshaping business practices. Once formally adopted by the European Parliament and the Council, the directive's holistic approach will extend globally, demanding proactive compliance from businesses to meet heightened ESG standards.

Our article explores the evolving perspective on Ethics and Compliance, navigating a transition from a focus on risk-centric concerns to strategically cultivating a competitive advantage. Highlighting the benefits of robust corporate compliance programs, we discuss their role in securing finance, enhancing employee satisfaction, and attracting investors. Emphasizing compliance's impact on customer perceptions, fraud reduction, and sustainable growth, we advocate viewing compliance as a comprehensive framework that meets evolving stakeholder expectations in a dynamic global landscape.

The European Parliament and Council have struck a historic deal on the Artificial Intelligence Act, prioritizing safety, EU values, and innovation. The legislation outlines regulations for high-risk AI, prohibits certain practices, and introduces a governance framework. Emphasizing transparency and fundamental rights, the EU's AI Act has the potential to become a global standard for AI regulation.

Binance, ABD yasalarını ihlal ettiği suçlamalarıyla ilgili yürütülen soruşturma sonucunda, rekor miktarda ceza ödemek ve ABD pazarından çekilmek zorunda kaldı. Yaşanan gelişmelerin, sektördeki diğer kuruluşları, uyum programlarını entegre etme konusunda teşvik etmesi beklenirken, uygulanan yaptırımların da sektörde bir dönüm noktası olduğu değerlendiriliyor.

In this article, we explore the evolving role of ESG factors in Türkiye's M&A landscape, addressing rising trends, regulatory frameworks, and the transformative impact of ESG on M&A transactions from negotiation to post-closing phases. We provide insights into the unique challenges and opportunities, highlighting the crucial role ESG plays in the country's economic development.

The new regulations, scheduled to take effect on January 1, 2024, establish general principles, permissions, and administrative penalties concerning the short-term tourism-oriented rental of residences, limited to durations of fewer than one hundred days. Obtaining permission from the Ministry of Culture and Tourism is now mandatory for engaging in tourism-related rental activities and is subject to specific conditions. Additionally, the law outlines significant administrative fines and penalties, including the potential cancellation of the permission document, in the event of non-compliance.

Authored in collaboration with Lexology for the GTDT Market Intelligence Anti-Corruption 2023, this article explores recent anti-corruption developments in Türkiye, emphasizing third-party compliance risks, examining evolving enforcement policies, and addressing unique challenges faced by compliance advisers amid economic turmoil.

1 Ocak 2024 tarihinde yürürlüğe girecek olan yeni düzenleme ile konutların tek seferde yüz günden kısa süreyle turizm amaçlı olarak kiralanmasına dair genel esaslar, izinler ve idari yaptırımlar belirlenmiştir. Turizm amaçlı kiralama faaliyetinde bulunabilmek için Kültür ve Turizm Bakanlığı'ndan izin alınması zorunlu hale getirilmiş ve bu izin belirli şartlara bağlanmıştır. Ayrıca, kanunun ihlal edilmesi durumunda yüksek miktarda idari para cezaları ve izin belgesinin iptali gibi yaptırımlar öngörülmüştür.

In this article, Altuğ and İdil explore the legal and ethical dimensions of Türkiye's booming medical tourism industry. Covering topics from accreditation and government support to legal challenges and dispute resolution, the article delves into the complexities of this dynamic sector.

AYM hukuka aykırı gözaltı tedbiri dolayısıyla ödenen tazminatın yetersizliği nedeniyle kişi hürriyeti ve güvenliği hakkının ihlal edildiğine karar verdi.

AYM, İdari Yargılama Usulü Kanunu'nda yer alan, istinaf mercii kararlarının temyizine yönelik parasal sınıra ilişkin düzenlemenin, kanunilik ve ölçülülük şartlarını taşımadığı gerekçesiyle iptaline karar verdi.