Burak Gencoglu – Baspinar & Partners Law Firm

All foreigners intending to work in Turkey are required to obtain a Work Permit prior to begin their employment in Turkey. It is illegal for an employer to recruit a foreign worker who does not possess a work permit…more

Turkish Commercial Code (“TCC”) dated 13.01.2011 and numbered 6102 introduces significant provisions regarding good management and internal and independent audit that are to be applied to capital stock companies. The council of…more

Procedures and principles concerning the determination of mergers and acquisitions which require authorization and notification of the Competition Board are regulated by the Communiqué Concerning the Mergers and Acquisitions…more

Turkey is one market lauded for the rapid growth of its local Islamic finance industry; but the country has also attracted foreign interest as an investment destination. Gökmen Baspinar and Burak Gencoglu of Baspinar & Partners…more

The Turkish fi nancial market maintained its constant development in 2011 and recent reports from reputable international fi nancial institutions project that this development will continue in 2012. In 2011, Sukuk was introduced…more

Turkey, as an outcome of its integration policy into the global business, has a liberal modern and international investor friendly judgement system. Turkish government has made fundamental changes on the judicial system to…more

The market share of participation banks in Turkey has increased since the 2001 crisis.We delve into the banking laws in the country and discusses how it may affect the Islamic finance industry…more

A sole policy maker may correct the chaotic environment which is created by the different practises of the municipalities. It is also a positive development that zoning plans will be drafted by experts of the new ministry…more

Turkey has amended its capital market law in a drive to spur investments from the Middle East. BURAK GENCOGLU and ALI CEYLAN discuss this new foreign policy approach…more