SIGNIFICANT AMENDMENTS TO THE TURKISH PORTS REGULATION:

The Empty Vessel Makes the Greatest Sound:

THE DEADLINE FOR REGISTRATION WITH DATA CONTROLLERS’ REGISTRY HAS BEEN EXTENDED:

The Data Protection Board has very recently resolved to extend the deadline for registration with the Data Controllers’ Registry Information System (VERBIS). The decision no. 2019/265 and dated 3 September 2019 on the extension was announced on the board’s website on 5 September 2019.

The International Convention on Arrest of Ships (1999) Enters into Force in Turkey:

The long awaited decree has finally been published in the official gazette on 03.05.2019 marking the date on which the 1999 Convention officially became binding by law upon the Turkish authorities.

Data Protection Board Announces Decision on Data Security Breaches:

“Data Protection Board has recently announced its decision on the management of data security breaches and notifications to the DPB and data subjects. Data Protection Board also announced another decision on the calculation of the time periods for applications to data controllers and complaints to the DPB in order to “harmonize the difference in the interpretation of the periods.”

YORK ANTWERP RULES 2016 ENTER INTO FORCE IN TURKEY:

Further Increase in Marine Pollution Fines:

MANDATORY MEDIATION NOW EXTENDED TO COMMERCIAL DISPUTES!:

2019 CERTIFICATION OF COMPANY BOOKS :

Similar to previous years, as we approach the year end, we would like to draw your attention to the requirements for the annual certification of company commercial books.

THE REGULATION ON RESTRUCTURING OF LOANS NOW EXTENDED TO FOREIGN CREDIT INSTITUTIONS!:

The Banking Regulation and Supervision Agency (“BRSA”) has amended the Regulation on Restructuring Debts Owed to Financial Sector (“Regulation”). The regulation on restructuring of debts to banks and financing companies was first published on 15 August 2018 .