Turkiye

Recent Articles

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  29.11.2023

  Turkiye

  Pioneering carbon border adjustment mechanism enters into force

  The world is facing a serious climate crisis and the challenges of climate change require global response. That is why the European Union (“EU”) is taking the lead and demonstrating international leadership with bold domestic action. With the European Green Deal (“Green Deal”), the EU has set out a roadmap of far-reaching and effective legislation to protect the environment and prevent climate change. The Green Deal sets out new policies to achieve the targets of a 55% reduction in carbon emissions by 2030 and zero carbon emissions by 2050. New sectoral criteria, carbon...

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  28.11.2023

  Turkiye

  Future of Short-Term Renting Systems in Türkiye

  Law No. 7464 on Leasing of Properties for Tourism Purposes and Amendments to Certain Laws (the “Law”), published in the Official Gazette of 2 November 2023 and numbered 32357, regulates the procedures and principles of leasing of properties used for tourism purposes to real and legal persons. Today, leasing for tourism purposes has the potential to be an important source of income for property owners. The law that has come into force in Türkiye to regulate activities in this field includes a number of regulations for property-owners and the tourism sector.The main purpose of the...

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  27.11.2023

  Turkiye

  Prohibition of Payment in Foreign Currency in Share Transfer Agreements

  Decree No. 32 on the Protection of the Value of the Turkish Lira (the "Decree") and Communiqué No. 2008-32/34 on the Decree (the "Communiqué") have been revised and updated several times in recent years, prohibiting the use of foreign currency in certain payments in order to prevent the depreciation of the Turkish Lira. The Ministry of Treasury and Finance (the "Ministry") amended paragraph (9) of the Communiqué in April 2022, making it mandatory for Turkish residents to make and accept payments in Turkish lira for the sale of immovable property. According to this amendment,...

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  24.11.2023

  International

  Carbon Border Adjustment Mechanism transition in effect since 1 October 2023

  On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges against third-country importers of certain goods and only permits CBAM declarants to import these goods into the EU. Although reporting obligations have been imposed for the two-year transition period, CBAM does not fully go into effect until 1 January 2026.A. General InformationFrom 1 January 2026, importers of specific goods from third countries will be required to pay punitive CO2 charges under...

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  22.11.2023

  Europe

  Another grilling: General Court goes against HALLOUMI and strikes down appeal in GRILLOUMI opposition

  IntroductionTwo years ago, we commented on the difficulties that Cypriot cheesemakers faced when attempting to oppose the registration of a figurative mark containing the word BBQLOUMI, relying on EU collective trade mark registrations for HALLOUMI – see here. That opposition was rejected on the grounds that the ‘Halloumi’ mark had low distinctive character and was seen as being descriptive, meaning it was not sufficient to give rise to a likelihood of confusion. Notably, that ruling confirmed that EU collective marks were subject to the same basic requirements of distinctiveness...

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  21.11.2023

  Europe

  EP Case Law in Brief: Proof of common general knowledge

  It is a common sight for a patent attorney – an EPO Examiner acknowledges that a claim is novel, but asserts a lack of inventive step over ‘D1’ in combination with ‘common general knowledge’ (CGK). When considering the ability to challenge this assertion, section I.C. 2.8.5 of the Case Law of the Boards of Appeal provides some guidance.General principlesIt is well established in the case law (T 438/97, T 329/04, T 941/04, T 690/06, T 2132/16) that if the status of some information as CGK is challenged, the person asserting that it is CGK must provide proof, such as...

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