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“The Regulation on the Amendments to the Regulation on the Implementation of the Turkish Citizenship Law” (the “Amending Regulation”) has been published in the Official Gazette dated 19 September 2018 and numbered 30540 and entered into force as of its publication date. Along with the publication of the Amending Regulation, the financial and investment criteria to acquire the Turkish citizenship have been reduced.

The Communique on the Procedures and Principles Regarding the Implementation of the Article 376 of the Turkish Commercial Code Numbered 6102 (the “Communiqué”) has been published in the Official Gazette dated 15 September 2018, numbered 30536 and entered into force as of its publication date.

Moral & Partners has advised Arimpeks Aluminyum Sanayi Ic ve Dis Ticaret A.S on the sale of an  80% stake in the company by the Kansak and Ercin families to Swiss-based Montana Tec Components AG, acting via its Aluflexpack AG subsidiary. PAE Law Office advised both Montana and Aluflexpack.

“The Communiqué on the Decree No. 32 on the Protection of the Value of Turkish Currency regarding Export Proceeds (The Communiqué No. 2018-32/48) (the “Communiqué”) has been published in the Official Gazette dated 4 September 2018 and numbered 30525. The Communiqué has entered into force as of its publication date and shall remain in effect for six (6) months starting from its publication date.

"The Communiqué on the Procedures and Principles for the Issuance of Building Registration Certificates" (the "Communiqué"), which closely concern citizens, has been published in the Official Gazette dated 6 June 2018 and numbered 30443 and came into force starting from the publishing date in order to eliminate the contradictions to the zoning legislation in our country where real estate is regarded as the number one safety investment instrument.

Today, more than 90% of cyber-attacks start with a phishing e-mail and every 40 seconds a company gets hit by a ransomware. Therefore, it is crucial to be well-educated regarding suspicious e-mails. Following warnings and tips of course indicate only an introduction to the safety measures that could be taken to avoid suspicious emails or spotting them at once.

Each day, cyber security becomes more and more important than physical security and it is the hottest topic all over the world nowadays. Despite the developing awareness, cyber-attacks increased significantly and more importantly most of them succeed to give colossal damages. So, what shall we do legally or is there anything we could do once we are under attack?

Today’s sociocultural system is demanding the people to be online, transferring money, marketing products, corresponding with counterparties, or storing business data in cloud systems and in many other daily business functions.

On November 9, 2017, the editors of CEE Legal Matters sat down with a cross-section of experts from leading law firms and prominent in-house legal departments in Turkey to learn about the current state of affairs in that ever-changing market.

In The Corner Office we invite Managing Partners at law firms across the region to share information about their unique roles. The question this time around: What is your favorite question when interviewing a job applicant, and why?

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Moral & Partners at a Glance

We are a full service Turkish law firm, providing legal services that harmonize our innovative approach and extensive industrial experience to local and international clients, for nearly 50 years.

Energy legislation, real estate investments, project finance, family businesses, mergers and acquisitions, commercial and corporate law, capital markets law, execution and bankruptcy law, commercial and administrative cases, arbitration, litigation and mediation are some of the broad legal services that we offer to our prestigious clientele to satisfy their legal needs.

Our intention is to provide sustainable highest quality legal services in a tailor made fashion. We aim to  help our clients minimise commercial and legal risk by providing focused, efficient and solution oriented legal advice and assistance.

Firm's website: www.moral.av.tr