22 May 2024
TURKEY INCREASES THE STATUTORY ANNUAL LEGAL INTEREST RATE FROM 9% TO 24%:
Pursuant to the Presidential Decree published in the Official Gazette on 21 May 2024, the legal interest rate received a big hike from 9% to 24% effective from 1 June 2024.
corporate, finance, regulation, petroleum, istanbul, e-commerce, arbitration, railway, advance dividends, foreign awards, national markers, energy, natural resources, letter of guarantee, interim dividends
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Client Alert: A NEW ERA IN SHIP RECYCLING: THE REGULATION ON THE AUTHORIZATION OF FACILITIES HAS ENTERED INTO FORCE
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