Legal Framework
From The Report: Turkey 2015
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This chapter examines the legal environment in Turkey, focusing on how changes in regulations are enabling investment across the country’s many business sectors. It also contains a viewpoint from Harun Kılıç, Partner at Kılıç and Partners.

Articles from this Chapter

Overview

Turkey creating legal framework to enable broader foreign investment
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With the primary goal of establishing a leading global financial centre in Istanbul, the Turkish government continues to create a legal framework that will encourage and accommodate this goal. The foundation was laid with the recent Capital Markets Law (CML) No. 6362. The Capital Markets Board (CMB) continues to align Turkey’s legal basis to comply with EU regulations. The following enactments and communiqués have been declared by the CMB to ensure the functionality and development of Turkey’s…

Viewpoint

Harun Kılıç, Partner, Kılıç and Partners, on reforms inspiring investor trust
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Turkey Seeks to become a Top-10 Economic Power by 2023 The most important step in reaching this target will be the provision of the necessary finance needed for business and investment opportunities. The country will have to triple GDP within the next eight years to achieve this target. It is apparent that to do this Turkey will require substantial foreign direct investment. Reforms and amendments to current law and regulation will only serve as part of what is required to attract investors. Confidence…