Archive: November 2022

The Banking Regulatory and Supervisory Authority’s decision in Turkey, dated July 7th, 2022 and numbered 10265, regarding the restrictions on commercial loans denominated in TRY has been amended by the BRSA’s new decision dated October 21st, 2022 and numbered 10389.

COP27, the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), is taking place in Sharm El-Sheikh, Egypt between 7-18 November, 2022.

The Turkish Energy Market Regulatory Board’s decision amending the Principles and Procedures on the Determination of Power Plant Fields of Generation Facilities Subject to Pre-license or License in Electricity Market have been published in the Official Gazette of Turkey.

As inflation creates uncertainty globally, corporate decision makers are working on plans to mitigate its consequences.

Reconciliation mechanism was introduced to the competition law with the amendment made to the Competition Protection Law.