New Turkey Code of Commerce

Turkey has promulgated a new Code of Commerce, bringing sweeping changes to the countries economic law foundations, including the requirements that all companies (private ones too) have certain information on their web site including financial statements and auditors's reports9, that companies protect minority investors and ensure the properness of related-party transacitons,, that public companies have independent directors comprising a minimum of one-third of the board (and one-halfof the board be outside.)

Deloitte – Turkey Code of Commerce
http://bdti.mastertree.jp/f/i7atwomp

Cankorel
http://bdti.mastertree.jp/f/t0dqcnf8

PWC
http://bdti.mastertree.jp/f/5doajz0y

Memo on New Code
http://bdti.mastertree.jp/f/t64e2ypa

The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.

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