Our report on the Regulation Regarding the Transfer of Personal Data Abroad is out now!
International Data Transfer Regulation Enacted!
On July 10, 2024, the “Regulation on the Transfer of Personal Data Abroad” was published in the Official Gazette and came into force, bringing significant changes to the processes of transferring data abroad.
This new regulation clarifies the methods to be followed in the transfer of personal data abroad. Details regarding adequacy decisions, appropriate safeguards, and exceptional circumstances have been specified.
KVKK Yurt Dışı Aktarım Yönetmeliği Yürürlüğe Girdi!
10 Temmuz 2024 tarihinde Resmi Gazete’de yayımlanarak yürürlüğe giren “Kişisel Verilerin Yurt Dışına Aktarılmasına İlişkin Yönetmelik” ile yurtdışına veri aktarımı süreçlerinde önemli değişiklikler yapıldı.
Bu yeni düzenleme ile kişisel verilerin yurt dışına aktarımında izlenecek yöntemler netleştirildi. Yeterlilik kararları, uygun güvenceler ve arızi durumlara ilişkin detaylar belirginleştirildi.
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Our report on the Changes in the Crypto World is out now!
The amendments to the Capital Markets Law, published in the Official Gazette on July 2, 2024, have come into effect, redefining the scope of crypto assets, platforms, and service providers’ responsibilities.
These regulations introduce mandatory establishment and operation permits for crypto asset service providers and set forth new provisions regarding the custody of clients’ crypto assets by platforms. Additionally, sanctions for unauthorized activities have been detailed within this framework.
2 Temmuz 2024 tarihinde Resmi Gazete’de yayımlanarak yürürlüğe giren Sermaye Piyasası Kanunu’ndaki değişikliklerle, kripto varlıkların tanımı, platform ve hizmet sağlayıcılarının sorumlulukları kapsamlı bir şekilde yeniden düzenlendi.
Bu düzenlemeler, kripto varlık hizmet sağlayıcılarına kuruluş ve faaliyet izni alma zorunluluğu getirirken, aynı zamanda platformların müşterilerine ait kripto varlıkların saklanmasına ilişkin yeni hükümler içermektedir. Ayrıca, izinsiz faaliyet gösterenlere yönelik yaptırımlar da bu kapsamda detaylandırılmıştır.
Bu önemli değişikliklerin sektörde yaratacağı etkileri ve uyum sürecine dair hazırladığımız kapsamlı raporu ekte bulabilirsiniz.
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Our Bulletin on Recent Developments in Arbitration Practice (July 2024) is now live!
We are pleased to share with you our bulletin, in which we compile the latest court decisions on arbitration practice in Turkey and around the world.
In our July 2024 bulletin, we have included important decisions of the Court of Cassation and the Regional Courts of Appeal discussing the jurisdiction of the court in the issuance of interim injunctions in arbitration proceedings, the annulment of the arbitral award on grounds of public order, the validity of the arbitration agreement and the effect of Law No. 805 on the arbitration clause. In addition to the Turkish practice, you can find our evaluations on the findings of the ICC Arbitration 2023 Statistics on Türkiye, the Dubai International Financial Centre Court’s decision on the enforcement of the interim injunction granted by the arbitral tribunal and the Swiss Federal Court’s decision discussing the validity of intra-EU investment treaties in our bulletin.
Türkiye’de ve dünyada tahkim uygulamasındaki güncel mahkeme kararlarını derlediğimiz bültenimizi sizlerle paylaşmaktan mutluluk duyarız.
Temmuz 2024 bültenimizde önemli Yargıtay ve Bölge Adliye Mahkemeleri’nin tahkim yargılamaları kapsamında verilecek ihtiyati tedbir kararlarında mahkemenin yetkisinin, kamu düzeni nedeniyle hakem kararının iptalinin, tahkim anlaşmasının geçerliliğinin ve 805 sayılı Kanun’un tahkim şartlarına etkisinin tartışıldığı kararlara yer verdik. Türk uygulamasının yanı sıra, ICC Tahkimi 2023 İstatikleri’ndeki Türkiye ile bulgular, Dubai Uluslararası Finans Merkezi Mahkemesi’nin hakem heyetince verilen ihtiyati tedbir kararının tenfizine ilişkin kararı ve İsviçre Federal Mahkemesi’nin AB içi yatırım antlaşmalarının geçerliliğini tartıştığı kararına ilişkin değerlendirmelerimize bültenimizden ulaşabilirsiniz.
10 June 2024: Boden Law was at the conference entitled The Improvement of the Investment Climate and Arbitration, organized to benefit the Galatasaray Education Fund.
10 June 2024: Our Managing Partner Değer Boden Akalın participated in a panel entitled, “Investment Climate and Arbitration in the Energy Sector” at the Improvement of the Investment Climate and Arbitration Conference, organized by the Istanbul Arbitration Centre / ISTAC and YASED International Investors Association to benefit the Galatasaray Education Fund.
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Our report on “New Regulations in the Turkish Electricity and Gas Market” is out now!
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The new regulations in Turkey’s electricity and natural gas markets were discussed in the Grand National Assembly for about three months and were enacted on May 5, 2024. The law, published in the Official Gazette on May 11, 2024, includes key changes such as permitting floating renewable energy plants without zoning plans, enabling unlicensed electricity generation facilities that have been operational for 10 years to transition to licensed production, and adding the definition of “liquefaction of natural gas” to the Natural Gas Market Law. For more information, read our guide and contact us.
Our report on “Is Your Company Ready to Go Public?” is out now!
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Taking your company public is an increasingly common method used by companies in need of financing. However, there are a lot a variables and issues you need to consider carefully and plan in advance of having an initial public offering. Take a look at our report and contact us for more information.
By signing up for our newsletter on our homepage, you can ensure that you do not miss any of our brief, easy to understand, and informative reports.
Our report on “How Prepared Are You for Carbon Border Adjustment Mechanism?” is out now!
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The Carbon Border Adjustment Mechanism (CBAM) introduces a new import regime in the EU to reduce carbon emissions. Turkish sectors like energy, cement, and aluminum will be directly affected. Exporters must accelerate green transition preparations and compliance by 2026 to stay competitive in the EU market. The transition period began on 1 October 2023 and will end on 31 December 2025. For more information, read our guide and contact us.
By signing up for our newsletter on our homepage, you can ensure that you do not miss any of our brief, easy to understand, and informative reports.
Our report on “Compliance with the Amendments to the Law on the Protection of Personal Data is out now!
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The 2024 amendments to Turkey’s Personal Data Protection Law are aimed at alignment with the EU General Data Protection Regulation and addressing practical issues. The new provisions were published in the Official Gazette on 12 March 2024 and will enter into force on 1 June 2024. To find out more, please read our guide on the changes to the Turkish Data Protection Law and contact us if you need more information.
By signing up for our newsletter on our homepage, you can ensure that you do not miss any of our brief, easy to understand, and informative reports.
9-10 May 2024: Boden Law is at Carbon Forward Türkiye!
Our Associate Dila Küçükali was the moderator of the panel looking at the impacts of an ETS on power prices and the power sector at Carbon Forward Türkiye’s inaugural carbon conference in İzmir.
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Click here for more information.
Boden Law is at Azerbaijan Arbitration Days!
Değer Boden Akalın spoke at the Azerbaijan Arbitration Days on 25 April 2024 on the panel, “Arbitrating Gas/LNG and Electricity Pricing Disputes”.
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