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Member Articles


Law No. 7445, Known as the 7th Judicial Package and Its Implications

Author: Alper Uzun Introduction The "Law No. 7445 on the Amendment of the Execution and Bankruptcy Law and Certain Laws", a kind of "omnibus law" known as the 7th Judicial Package, entered into force after being pu ...

From Open Banking to Open Finance: OECD's Analysis of Global Data Sharing Frameworks

Author: Didem Adlig Sonmez Introduction Organization for Economic Co-operation and Development (“OECD”) has published its paper presenting an outline of the diverse frameworks implemented for open banking and o ...

Extension of the Deadline for Submission of the Model 22 Declaration - CIT

Order no. 148/2023 XXIII, of 22 May 2023, of the Secretary of State for Tax Affairs, extends for a further 6 days (until June 6, 2023) the deadline for filing the corporate income tax form (“Modelo 22”) for the 2022 ...

Binance Australia Loses PayID and Fiat Withdrawal

Users of Binance Australia are facing disruptions with AUD deposits and withdrawals as Binance was been forced by their ‘third party payment service provider’ (believed to be Cuscal) to terminate PayID services for t ...

CBDC Pilot Clears First eAUD Transaction

Australia saw the successful completion of its first foreign exchange transaction using a central bank digital currency (CBDC) , the eAUD, this week. The crypto fund managers, DigitalX and TAF Capital, exchanged eAUD for ...

NSW Court of Appeal Rules on Non-compete Clauses in M&A Transactions – What’s New?

On 16 May 2023 the New South Wales Court of Appeal handed down its decision in DXC Eclipse Pty Ltd Wildsmith [2023] NSWCA 98. The case considered, among other things, the interplay between sale of business and employment ...

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