Sponsored Q&A: PwC

Sponsored Q&A: PwC

1. What are the key regulatory bodies overseeing the banking and finance sector in Poland, and what is their role in ensuring compliance with financial laws and regulations? The main supervisory body in Poland is the Polish Financial Supervisory Authority (‘Komisja Nadzoru Finansowego’ or ‘KNF’). KNF supervises the banking, capital, insurance and pension sectors, payment …

Sponsored briefing: Mitigating the risks of the current economic climate

Sponsored briefing: Mitigating the risks of the current economic climate

Oktay Şener, managing partner of Aksan Law Firm, examines how his team has reacted to the changing Turkish legal market How are the recent economic problems, including the currency crash and inflation, affecting your firm? Experiencing difficulties is quite normal in the current economic climate and unfortunately, we also witness the reflections of this issue …

Sponsored briefing: The increasing number of enforcement and bankruptcy cases in Türkiye in recent years

Sponsored briefing: The increasing number of enforcement and bankruptcy cases in Türkiye in recent years

Using statistical data, Egemenoğlu Hukuk Bürosu reflects upon bankruptcy in Türkiye, and looks to the effective measures available for present businesses In recent years, the liquidity shortage in the markets, the unexpectedly high increase in raw material costs, the sudden fluctuations in exchange rates and the problems arising from the deterioration of the supply and …

Sponsored briefing: Legal nature of representations and warranties in share transfer agreements

Sponsored briefing: Legal nature of representations and warranties in share transfer agreements

Evrim Uygur Yamaner and İrem Özbay of Gled Partners consider seller liability in providing representations and warranties when transferring shares In merger and acquisition (M&A) share transfer agreements, it is common to include statements and representations assuring that there are no encumbrances on the shares and that the company was properly established, legally compliant and …

Sponsored briefing: The licensing process in the Turkish electricity generation market

Sponsored briefing: The licensing process in the Turkish electricity generation market

Dr Ata Torun of Hansu Attorney Partnership provides an overview of the procedure for gaining a licence to generate electricity in Türkiye General overview of the Turkish electricity market The energy sector in Türkiye continues to develop in accordance with decarbonisation objectives driven by national and international dynamics. In this context, the number of generation …

Sponsored briefing: Artificial intelligence generated content and copyright, creativity and authorship issues

Sponsored briefing: Artificial intelligence generated content and copyright, creativity and authorship issues

Gökçe Ergün, Çağla Yargıç and Yaren Türe of Kılınç Law & Consulting report on how Turkish law views AI-generated content in the context of authorship and copyright Artificial intelligence (AI) tools that, in simple terms, bring algorithm-based machine learning to mind, have started generating unpredictable outputs, especially with the advancement of cutting-edge systems like generative …

Sponsored briefing: Binding corporate rules for transfer of personal data abroad

Sponsored briefing: Binding corporate rules for transfer of personal data abroad

Eren Can Ersoy of Kılınç Law & Consulting looks at the regulations associated with data protection The irrepressible rapid development of technology and digitalisation around the world necessitates the processing and transfer of personal data. This evolution has a direct impact not just on individuals but also on the business world. The processing and transfer …

Sponsored briefing: The fate of employment contracts in M&A transactions under Turkish law

Sponsored briefing: The fate of employment contracts in M&A transactions under Turkish law

M. Efser Karayel-Keßler of Matur & Ökten & Karayel Keßler explores the legislation affecting employment relationships when a company’s legal structure changes and where this means employees face unequal treatment Changes to the legal structure of companies regularly have an impact on employment relationships. These usually lead to changes in employment conditions, dismissals or early …

Sponsored briefing: Criminal liability of company directors

Sponsored briefing: Criminal liability of company directors

Mustafa Tırtır and Muharrem Kazak of Mustafa Tırtır Law Firm set out recent Supreme Court case law on liability for crimes committed during company activity In the event of a criminal offence during the activities of a company, legal entities are not subject to criminal sanctions. Natural persons authorised to represent and bind the company …

Sponsored briefing: Looking to the future

Sponsored briefing: Looking to the future

Mehmet Selim Yavuz and Murat Uyanık of Yavuz Uyanık Attorney Partnership discuss how the legal market has been affected by the country’s economic climate and their expectations for areas of growth Given Türkiye’s current economic problems including the devaluation of the currency and high inflation, how has this been affecting your firm throughout 2023 and …