26 June 2025
The Communiqué on Keeping Commercial Books Not Related to the Accounting of the Business in Electronic Format (the “Communiqué”), published in the Official Gazette dated 4 February 2025 and numbered 32813, will enter into force on 1 July 2025. With the Communiqué, it has been made mandatory for: Companies whose establishment and articles of association…
23 June 2025
The Land Law, passed in 2011, limited the acquisition of rural land by foreigners with the aim of protecting national sovereignty. Its repeal by the Javier Milei administration reignited a central debate: Do these restrictions defend national interests or hinder the country’s economic development? This article reviews the law’s origins, its current status, and should…
20 June 2025
As per the public announcement dated 10 June 2025 of the Personal Data Protection Authority (in Turkish, “Kişisel Verileri Koruma Kurumu”, the “Authority”), a significant transformation has been initiated in the procedures and principles regarding the notification of administrative fines imposed under the Law on the Protection of Personal Data (in Turkish, “Kişisel Verilerin Korunması…
16 June 2025
In this article, we would like to inform you about a recent amendment concerning wage and other payments of employees, namely; Regulation Amending the Regulation on the Payment of Wages, Bonuses, and All Types of Receivables of This Nature via Banks (in Turkish, “Ücret, Prim, İkramiye ve Bu Nitelikteki Her Türlü İstihkakın Bankalar Aracılığıyla Ödenmesine…
10 June 2025
It is well known that one of the most commonly used methods by data controllers and data processors for the transfer of personal data abroad is the signing of standard contracts which includes such as data categories, purposes of data transfer, recipient and recipient groups, technical and organizational measures to be implemented by the data…
4 June 2025
4 June 2025 The Regulation Amending the Regulation on Distance Contracts (in Turkish, “Mesafeli Sözleşmeler Yönetmeliğinde Değişiklik Yapılmasına Dair Yönetmelik, the “Amending Regulation”), published in the Official Gazette numbered 32909 and dated 24 May 2025, introduced significant amendments to the legal regime governing distance contracts in Türkiye. These amendments are grounded in Article 48 of…
3 June 2025
Bill No. 4/2025 (“Bill”), which proposes a broad reform of the Brazilian Civil Code (Law No. 10.406 of January 10, 2002), has already generated intense discussions in legal circles. Delivered in February by the them president of the Senate, Rodrigo Pacheco, to the president of the Federal Supreme Court, Justice Luís Roberto Barroso, the text…
9 May 2025
On April 11, Law No. 15.122/2025 was enacted, authorizing the Brazilian government to take responsive measures against trade barriers and tariffs imposed by other countries on domestic products. The law comes at a time when international trade is increasingly shaped by political disputes, often disguised as concerns over environmental, health, or security issues. The measures…
21 April 2025
Argentina has once again made international headlines after securing a new US$ 20 billion assistance package from the IMF. As part of the deal, the Milei Administration committed to allowing the Argentine peso to float between AR$1,000 and AR$1,400. The Central Bank can intervene in the currency market—using the IMF funds—if the FX rate moves…
3 April 2025
Starting 1 April 2025, Slovakia introduces into practice a new transaction tax (“transakčná daň“) or FTT that directly impacts business operations. The measure aims to increase public revenues and shift part of the tax burden to capital flows. What is taxed? The transaction tax applies to certain financial transactions since 1 January 2025 taxed first time…
