Following the enactment of the Law on the Protection of Personal Data numbered 6698 (“Data Protection Law”) on April 07, 2016, many organizations began reviewing their level of compliance with the Data Protection Law and initiate conducting compliance projects.
Under the Data Protection Law, companies have a transition period of two years meaning that personal data that has been processed prior to the enactment of the law must be brought in compliance with the provisions of…
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In decision No 2016/148 E 2016/189 K dated December 14 2016, the Turkish Constitutional Court annulled Article 14 of Decree-Law No 556, following the referral by the Istanbul Second IP Court (in File No 2015/116 E) of an application for the annulment of said article on the ground of unconstitutionality. The decision of the Constitutional Court entered into force on January 6 2017, upon its publication in the Official Gazette.
Article 14 of Decree-Law No 556 governed the…
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Industrial Property Law is published
Selin Sinem Erciyas, Gun + Partners
On 10 January 2016, the Industrial Property Law came into force, amending the compulsory licence provision.
Article 130 of the Industrial Property Law on “Compulsory Licensing in case of Non-use” rules that in addition to non-use of a patent, “relevant persons… can request compulsory licensing due to the … use of invention subject to the patent not satisfying the national market’s need”. Under Article…
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On 8 December 2016, a cyber attack was made against Akbank, one of Turkey’s largest banks, and supposedly two other Turkish banks. Akbank released a statement confirming the attack to their IT systems, that it related to the SWIFT system, and stating that they had responded to the attack immediately and taken the necessary precautions. The bank also set forth that the maximum amount of risk faced by the bank is USD $4 million which is covered by its insurance policy. The…
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The Industrial Property Code (IP Code) entered into force upon publication in the Official Gazette on January 10 2017. The IP Code has now replaced the respective decree-laws (D-L) pertaining to the protection of trade marks, patents, geographical indications and industrial designs, unifying them into a single code. Article 30 of the IP Code extends the scope of offence, compared to the trade mark D-L. Under Article 61/A of the D-L, the “manufacturing, offering for sale and…
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Introduction
On July 15 2016 Parliament enacted an omnibus act amending several laws. The Law on the Amendment of Some Laws to Improve the Investment Environment focuses on:
reducing costs in relation to the investment environment;
eliminating the legal differences in relation to R&D incentives;
harmonising practices among financial institutions;
encouraging foreign investment; and
reducing the costs of establishing companies and opening branches.
Conversely, the law…
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