THRESHOLDS DOUBLED FOR MANDATORY INDEPENDENT AUDITS:

With the publication of the Decision on the Determination of Companies Subject to Independent Audit in the Official Gazette dated 30 November 2022; the previous decision on the same issue, which was published in 2018, is now repealed for the need to redetermine the scope of independent audit.

NEW INCENTIVE FOR TURKISH SHIP OWNERS: TURKEY TO PROMOTE THE ESTABLISHMENT OF NEW LINES:

PILOTAGE AND TOWAGE SERVICE PROVIDERS TO PAY MORE TO THE STATE:

Turkey to Tackle Femicides: More Deterrent Sentences for Crimes Committed Against Women:

Turkey has taken an important step in addressing issues regarding its criminal law provisions, including hate crimes against women and crimes related to malpractice of medical professionals.

GRANTING POWER OF SALE TO THE DEBTORS: A MOST WELCOME DEVELOPMENT:

NEW & POTENTIALLY HARSHER FINES FOR MARINE POLLUTION AND FAILURE TO COMPLY WITH IMO 2022 SULPHUR LIMITS :

EMPOWER YOUR BUSINESS WITH GREEN LOGISTICS!:

Turkey has taken steps to contribute to a sustainable balance between global environmental targets and socio-economic goals through its newly-enacted and eco-friendly Regulation for Combined Transformation. (“the Regulation”)

UN CONVENTION ON INTERNATIONAL SETTLEMENT AGREEMENTS RESULTING FROM MEDIATION ENTERED INTO FORCE:

Go Green: Turkey to Promote Production of Environmentally Friendly Vessels with Brand New Incentives:

A CHANGE OF HEART FROM THE COURT OF APPEAL: