“Regulation on the Principles of the Asset, Right and Receivable Inquiry on the National Judiciary Informatics System” [“Regulation”] was published in the Official Gazette dated January 22, 2022 and entered into force on the same date. The Regulation basically sets forth the procedures and principles regarding the inquiry of the debtor's assets, rights and receivables via the information systems integrated into the National Judiciary Informatics System [the so-called "UYAP"].
Admissible Evidence: Legal Approaches of Russian and English Courts
The modern legal system of the Russian Federation may be attributed to the Romano-Germanic legal family, and Great Britain is a part of the common law family. Each of these systems has its own identifying features. In this article, we are looking into different approaches of the countries to admissibility as a property of evidence.
Turkey’s Capital Markets Board Submitted Draft Green Debt Instruments and Green Lease Certificate Guidelines to Public Opinion
Many economies, particularly those in the European Union [“EU”], are now centered on the environment-oriented and sustainable economy model known as "Green Transformation," which aims to mitigate the negative environmental consequences of human-induced parameters on the ecosystem. Turkey, also, had signaled that it would not stay out of this shift by ratifying the Paris Climate Agreement in October 2021.
Czech Republic: New Investment Incentives Rules Aim to Support Technological Start-ups
The government of the Czech Republic has approved a new decree concerning investment incentives. The new rules should bring significant changes not only for large investors, but also for small and medium-sized technology companies, which will now also be able to access direct financial support. The new rules will take effect as of 1 January 2022.
Turkish Law of Inheritance Series IV.: Disinheritance, Successional Indignity, Renunciation of Inheritance and the Right to Disclaim
While inheritance is considered an extension and an aspect of the property right, a person may be deprived of this right due to their own consent or in some cases, unlawful actions. These possibilities are regulated by Turkish law under the titles of disinheritance, successional indignity, renunciation of inheritance, and the right to disclaim.
Alignment of the Customs Law with EU Regulations
On December 17, 2021, amendments to the Customs Law published in the Official Gazette of RS no. 118/2021 as of December 9, 2021 (the “Law”) entered into force. Outlined below is an overview of the key novelties, that were notably enacted for alignment with the changes introduced in the EU customs regulations.
Six New Specialized Courts Will Be Established in Turkey
The Council of Judges and Prosecutors ["CJP"] of Turkey resolved on establishment of six new specialized courts through its decision dated November 21, 2021, published in the Official Gazette on November 30, 2021. The CJP also published an announcement on its website.