Turkiye

Recent Articles

•  

  07/05/2025

  International

  Cyber Space: Global insights on cyber and data risk for insurers

  Issue 2, May 2025. How does the cost of cyber incidents vary across the globe?  A key pillar of CMS’ Cyber Space series is to compare and contrast the impact of cyber incidents in different international jurisdictions.In this respect, with assistance from colleagues in Brazil and Singapore, CMS UK have collaborated with the CMS’ network of international offices and affiliate law firms to consider the comparative costs of cyber incidents. We did so by focussing on the following aspects - Legal fees (average hourly rate in USD or ease), notification costs (in USD), chance of...

  Read more
•  

  07/05/2025

  Europe

  EU ESG Ratings Regulation – What do I need to do if I’m not a ratings provider?

  The EU ESG Ratings Regulation (“ESGRR”) entered into force on 2 January 2025 and will start applying from 2 July 2026.The ESGRR is primarily aimed at firms that aim to explicitly position themselves as an ESG ratings provider.However, the broad scope of the ESGRR will impact other firms who may not think of themselves as an ESG ratings provider. It is therefore a key compliance issue for other types of firms (both EU and non-EU) to consider.Executive SummaryEven where a firm is not intending to operate as an ESG ratings provider, it will need to carefully consider whether ESG related...

  Read more
•  

  07/05/2025

  Europe

  European Commission publishes Call for Evidence on SFDR revision

  On 2 May 2025, the European Commission (“EC”) published its call for evidence to help form an impact assessment on the revision of the EU Sustainable Finance Disclosure Regulation (“SFDR”).The Call for Evidence, which follows the Platform on Sustainable Finance’s briefing note outlining its proposal for a new categorisation system under the SFDR (which you can read more about here), invites stakeholders to submit general feedback.The Call for Evidence states that due to a lack of legal clarity on key concepts, the limited relevance of certain disclosure requirements,...

  Read more
•  

  06/05/2025

  Europe

  ESMA Consultation Paper on RTS under the ESG Ratings Regulation

  On 2 May 2025, the European Securities and Markets Authority (“ESMA”) published a Consultation Paper on regulatory technical standards (“RTS”) under the ESG Ratings Regulation (“ESGRR”).It contains draft RTS on:applications for authorisation and recognition of ESG ratings providers (“Authorisation and Recognition RTS”);measures and safeguards that should be put in place to mitigate conflicts of interest in separating business and activities other than the provision of ESG ratings (“Separation of Business RTS”); andinformation to be disclosed...

  Read more
•  

  25/04/2025

  International

  On your radar | Key employment issues to be aware of in­ter­na­tion­ally

  In each edition of On your radar it is interesting to consider any common themes across various jurisdictions. In this edition, the themes might be less obvious than usual, but on closer inspection are still present:As countries manage business immigration, Bulgaria, Poland and Croatia discuss the employment of foreigners.New types of leave are being introduced, expanding statutory employment protections. Poland reports on additional maternity leave for parents of premature or hospitalised children. Neonatal care leave was recently introduced in the UK, covered in our January edition. Proposals...

  Read more
•  

  23/04/2025

  International

  Navigating keyword advertising from a Singapore and European trade mark perspective

  In this increasingly digitalised world, how should organisations approach internet keyword advertising and avoid trade mark infringement whilst doing so? In this update, we not only discuss how the Singapore High Court recently dealt with this issue in East Coast Podiatry Centre Pte Ltd v Family Podiatry Centre Pte Ltd [2024] SGHC 102, but also provide a European perspective on the decision.  The Singapore DecisionEast Coast Podiatry Centre Pte Ltd v Family Podiatry Centre Pte Ltd [2024] SGHC 102 concerned a trade mark infringement claim by a claimant who was the registered proprietor of a...

  Read more