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