ANNOUNCEMENTS

Amendment to the Associations Regulation

The Regulation on The Amendment to The Associations Regulation (“Regulation”) published in the Official Gazette dated 21.10.2021. With the Regulation, the provision of article 15/A has been included in the 15th article of the Regulation on Associations, which regulates the association meeting procedures (General Assembly and Board of Directors) which can be held via electronic systems. These General Assembly and Board of Directors meetings can be held via electronic systems that are approved by the Ministry of Internal Affairs Information Technologies General Directorate.

In this regard, the Regulation emphasizes that the data to be processed in the aforementioned systems will be processed and stored in accordance with the provisions of the Personal Data Protection Law No. 6698. Also, the resolution of the Board of Directors to be taken electronically should be stored in electronic mediums, separated from the board resolution book kept in the physical environment. The Regulation aims that, the electronic systems which will be used, should have a design, backup and archiving capacity in accordance with the legislation and it should also provide the necessary network and system security against unauthorized access and cyberattacks.