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Turkish DPA’s Principle Decision on Personal Data of Accident Victims: Key Implications for the Insurance Sector
In its Principle Decision published in the Official Gazette on 1 July 2026, the Turkish Personal Data Protection Authority (“Turkish DPA”) addresses the unlawful access to and the use of personal data relating to accident victims, particularly those involved in road traffic accidents. Although the Decision was prompted by complaints regarding compensation consultancy firms, its implications extend beyond those entities. In its Decision, the Turkish DPA reiterates the data security obligations of insurance companies, insurance adjusters, and other stakeholders involved in claims handling. Background The Turkish DPA notes that it has received numerous complaints from individuals who were contacted by telephone
KST Law (in cooperation Kinstellar) advises on new partnership of Monopoli Sigorta with Acrisure
KST Law (in cooperation Kinstellar) advised the shareholders of Monopoli Sigorta on the acquisition by Acrisure of Monopoli Sigorta. Monopoli Sigorta Aracılık Hizmetleri, a leading independent insurance intermediary in Turkey, offering insurance solutions for individuals and corporations, has partnered with Acrisure, the global insurance services platform. As part of this partnership, Monopoli Sigorta will integrate into Acrisure’s global platform, continuing under its current brand and the same leadership team. The transaction marks Acrisure’s first move into the Turkish insurance market. The KST Law (in cooperation with Kinstellar) team advising on the transaction was led by Partner Edmund Emre Özer
Turkey's Crypto Law now in effect: Key updates and compliance requirements
On 2 July 2024, Turkey enacted new provisions to its Capital Markets Law to regulate crypto assets (“Crypto Law”). These provisions, published in the Official Gazette, grant the Capital Markets Board of Turkey ("CMB") the authority to supervise crypto asset service providers ("Service Providers"). What do the new provisions cover? The primary focus of the Crypto Law is to regulate the following key areas: defining the core concepts, such as crypto assets, wallets, platforms and Service Providers; outlining the obligations and principles for Service Providers; defining the rules for transactions conducted with customers; establishing principles for the transfer and storage of