TURKEY ATTEMPTS TO REHABILITATE THE ECONOMIC CLIMATE BY INTRODUCING REFORMS TO THE LAW ON STAMP DUTY:

GUARANTORS MAY NO LONGER REQUIRE SPOUSAL CONSENT:

THE NEW TURKISH CODE OF OBLIGATIONS, WHICH CAME INTO FORCE ON 1ST JULY, 2012, BROUGHT CERTAIN CHANGES TO FORM REQUIREMENTS IN RESPECT OF SURETIES AND GUARANTEES TO BE ISSUED BY REAL PERSONS AND LEGAL ENTITIES.