nc

2,200 year old ancient city Aigai waiting to be discovered

Only one percent of the ancient city of Aigai in the Yunuslar district of the western Turkish province of Manisa has been unearthed so far in the excavations that started back in 2004. Click through for the story in photos...




nc

Ancient site older than Göbeklitepe unearthed

Discoveries at Boncuklu Tarla in the southeastern province of Mardin are around 1,000 years older than those in Göbeklitepe



  • Arts & Life

nc

Academics spending more than 30 years in ancient excavation area

As 2020 was declared the Year of Patara, interest increased in the ancient city, located between the resort districts of Kaş and Fethiye



  • Arts & Life

nc

Top 9 things to do in Istanbul’s Princes’ Islands

The Princes’ Islands in the Marmara Sea present a unique opportunity for a short escape from Istanbul. Our jury has picked nine awesome activities that you can do on the islands. Click through for the story in photos...




nc

Bye bye tutus, hello masks: French opera houses join COVID battle

Normally they make tutus and elaborate costumes for some of the greatest opera and ballet stars in the world.     



  • Arts & Life

nc

Beyoncé, Gaga offer hope at all-star event fighting COVID-19

Lady Gaga, Stevie Wonder, Lizzo, Shawn Mendes and others sang classic songs brimmed with messages of hope and change during a TV special aimed at fighting the coronavirus, while Beyoncé and Alicia Keys spoke passionately about how the virus has disproportionately affected black Americans.



  • Arts & Life

nc

Turkey’s intelligence agency opens digital museum of espionage

Turkey’s National Intelligence Organization (MİT) has opened an online museum dedicated to the history of espionage on its website. From Turkish intelligence reports on Lawrence of Arabia to curious gadgets for espionage, you can click through for the stories from MİT’s digital museum.




nc

Enchanting sunset at Mount Nemrut

Visitors snap photos of massive stone heads that stare down on them from the summit of Mount Nemrut. (Source: The Associated Press)




nc

Enchanting sunrise in Istanbul

Istanbul enchants visitors and residents with its mesmerizing sights during sunrise. (DHA Photo)




nc

Seven must-see ancient cities in Turkey

Turkey, with its abundant cultural heritage, was home to many ancient and archaic civilizations and empires. The patterns and remains of this rich history and culture are still evident in the ancient sites of Anatolian lands. Click through this photo gallery for the most mesmerizing and mystical ancient cities in Turkey, as compiled by İnci Hazal Özcan:




nc

Black flamingo in Adana once again

The southern province of Adana's Tuzla Wildlife Field welcomes again a rare black flamingo. (İHA Photo)




nc

Low-cost carrier launches freighter flights in Turkey

After suspending its passenger flights due to pandemic flight restrictions, Turkey's low-cost carrier Pegasus Airlines announced on May 7 it has started cargo flights.




nc

Inscription unearthed in ancient city of Patara

An excavation team in the ancient city of Patara, located in Turkey’s Mediterranean coast, unearthed an inscription in an ancient theater.



  • Arts & Life

nc

Turkish pole dance teacher moves classes online

A pole dance instructor in Turkey has moved her studio to the internet as people across the world turn to online exercise classes amid the coronavirus pandemic.



  • Arts & Life

nc

Number of endangered fallow deer increases from seven to 500

The number of fallow deer, whose natural population continued only in the resort town of Antalya and remained at only seven about half a century ago, reached 500 after a protection project was launched.



  • Arts & Life

nc

Turkey advancing toward vaccine: Technology minister

Turkish scientists have come to the animal experiment phase to develop a vaccine against the novel coronavirus, the country's technology and industry minister said on May 8. 




nc

Turkey imposes weekend virus curfew in 24 provinces

Turkey has imposed a two-day curfew in 24 provinces beginning on May 8 at midnight in an effort to stem spread of the novel coronavirus, which has claimed nearly 3,700 lives in the country.




nc

Ethics becomes a key focus for artificial intelligence adoption

In the last few years, there has been an increasing focus on the need for adequate ethics guidance for the use of artificial intelligence and robots – something we have regularly written and spoken about. For example, in 2017, MEPs from the E...




nc

Further US Sanctions imposed against Venezuela

The United States has expanded the sanctions imposed on Venezuela in a bid to hold accountable “those responsible for Venezuela’s tragic decline”. U.S. sanctions on Venezuela have steadily increased since March 2015 in response to ...




nc

Inquiry launched to investigate the impact of toxic chemicals in everyday products

The Environmental Audit Committee (“EAC”) has launched an inquiry to investigate the impact of toxic chemicals on everyday life (launched 12 February 2019). The inquiry will focus on the use of toxic chemicals in everyday products includ...




nc

The Future of AI Governance

Eversheds Sutherland and Smart Dubai consider the future of AI governance and how a proactive approach can create a trusted ecosystem and address ethical concerns. Authored by Charlotte Walker-Osborn and Erica Crosland Read the article here >...




nc

Eversheds Sutherland has advised Doncasters Group on the sale of its UK Fabrications and Blaenavon Forgings businesses

Eversheds Sutherland has advised Doncasters Group on the sale of its UK Fabrications and Blaenavon Forgings businesses to Arlington Capital Partners as two separate transactions. The deals were led by Corporate partner Richard Kyle with support from...




nc

ICO and Alan Turing Institute consult on guidance on “Explaining decisions made with AI”

On 2 December 2019, the Information Commissioner’s Office (“ICO”) and the Alan Turing Institute (the UK’s national institute for data science and artificial intelligence) (“Turing”) launched a consultation seeking...




nc

France: strengthening of the foreign investment control mechanisms, in line with a general international trend

New regulations on foreign investment in France were published on January 1, 2020. These texts make numerous changes to the legal framework for investment control in France. Financial relations between France and foreign countries are, in principle,...




nc

US imposes further sanctions on Iran – what does this mean for the JCPoA and for global corporations and financial institutions?

On 10 January 2020, following the recent military escalation between Iran and the US, the White House issued Executive Order, "Imposing Sanctions With Respect to Additional Sectors of Iran" (“EO 13902”), which expands the already broad U...




nc

Update on Recent US Sanctions Developments: Nord Stream 2 Sanctions and Exxon Mobil Decision

This briefing is intended to provide an update on two recent developments under the US sanctions regime. • The first one is the introduction of US sanctions in relation to the Nord Stream 2 pipeline project, which threaten to widen a rift betwe...




nc

SFO publishes internal guidance on evaluating compliance programmes

The Serious Fraud Office (“SFO”) has quietly published a further chapter of its internal Operational Handbook containing guidance on how its staff should assess and evaluate the compliance programmes that they investigate (the “Gui...




nc

New Substances of Concern in Products (SCIP) Database

Do you import or otherwise place products on the EEA market? If so, you should be aware of the new European Chemicals Agency (“ECHA”) SCIP database. Companies placing products (articles) on the EEA market, including companies importing s...




nc

A pandemic within a pandemic-well being strategies and guidance on coping with COVID-19 anxiety for General Counsel

Pandemic: ‘(of a disease) prevalent over a whole country or the world’ Fear: ‘an unpleasant emotion caused by the threat of danger, pain, or harm’ Management: ‘the process of dealing with or controlling things or people...




nc

Over to EU: ISDA publishes template amendment to convert legacy English law governed agreements to French or Irish law

On 12 March 2020, the International Swaps and Derivatives Association, Inc (“ISDA”) published a template amendment agreement which allows the parties to an English law governed ISDA Master Agreement to convert that agreement to an equiva...




nc

Coronavirus - Dealing with the financial services regulatory challenges - Ireland

...




nc

Coronavirus - Immediate considerations for financial services clients in response to the COVID-19 pandemic

Communications need to be clear and timely Constantly review and maintain your customer communications content and strategy.  There is a regulatory expectation that firms will ensure consumers are adequately protected during severe disruption.&...




nc

Coronavirus – FCA and PRA guidance on designating key financial workers – UK

In response to Government guidance on maintaining educational provision for the children of key workers, the FCA and PRA have published guidance regarding individuals in th...




nc

Coronavirus – Finance overview of governmental economic support for industry - UK

Please note that this is a developing situation and we will update this note on a regular basis when further information is available. Across the budget on 11 March 2020 and the subsequent COVID-19 briefing meetings the Chancellor of the Exchequer h...




nc

Financial Services COVID-19 Training Menu

Novel coronavirus (“COVID19”) has created significant challenges for the financial services sector. As trusted adviser to many of the world’s largest banks, insurers, asset managers, fintechs and other market participants we are he...




nc

Coronavirus – Force majeure in financial services – Sweden

  In the wake of COVID-19, force majeure can be invoked to obtain relief under certain contracts. In this briefing, we discuss if it is a good idea and certain considerations borrowers and financial services customers should make. The impact of...




nc

Coronavirus - Corporate financing facility - UK

...




nc

Legal considerations for the financial services sector in adopting artificial intelligence

Legal liability for financial institutions and financial services firms when using artificial intelligence and machine learning Recent advances in the development of artificial intelligence (AI), coupled with the availability of sufficient computing...




nc

Coronavirus - Forfeiture, petitions and insolvency reforms - UK

In its response to COVID-19, the UK Government has also been listening to business and seeking to provide further support mechanisms to help those businesses that have been forced to close in the short term. This has included the prohibition on land...




nc

Coronavirus - FCA proposes temporary financial relief for consumer credit customers - UK

On Thursday 2 April 2020, the FCA issued draft guidance and Handbook changes to address the impact of Covid-19 on consumer credit customers who have credit cards, store cards and catalogue credit, personal loans and overdrafts. There is a short win...




nc

Coronavirus - UK Government’s economic assistance packages and their availability to financial services businesses - UK

Background The ongoing coronavirus/COVID-19 pandemic has quickly developed into a deep economic crisis of the like never experienced before. Many businesses, including those in the financial services sector, are facing a prolonged period of disrupti...




nc

New Defensive Measures for Blacklisted Jurisdictions: What impact will Luxembourg’s recent announcement have on Cayman-domiciled funds?

On 30 March, the Luxembourg Government published a new draft law (the Draft Law) which looks set to increase the Luxembourg tax burden for transactions realised with enterprises based in jurisdictions on the EU’s list of “non-cooperative...




nc

Coronavirus - Deferral of initial margin requirements for derivatives announced – Global

On 3 April 2020, the Basel Committee on Banking Supervision (“BCBS”) and the International Organization of Securities Commissions (“IOSCO”) issued a statement recommending an extension to Phases 5 and 6 of the initial margin ...




nc

Coronavirus - Cayman Ministry announces package relief measures - Global

As COVID-19 continues to cause far reaching disruption, the Cayman Islands’ Ministry of Financial Services issued two Press Releases on 25 and 26 March, putting forward a package of measures designed to mitigate the neg...




nc

FCA review of outsourcing in the life insurance sector

Background and scope of the review On 4th March, the Financial Conduct Authority (FCA) published the findings of its desktop review of outsourcing in the life insurance sector. The review forms part of the FCA’s broader consultation and propos...




nc

Coronavirus - FCA finalises guidance on temporary financial relief for consumer credit customers - UK

On Thursday 9 April, the FCA confirmed measures to support consumer credit customers facing financial difficulty as a result of COVID 19 on personal loans, credit cards and overdrafts. Measures introduced by the new rules became applicable on Tuesda...




nc

Coronavirus - FCA issues draft temporary guidance for firms on motor finance agreements and coronavirus – UK

  On Friday 17 April 2020, the FCA issued a draft guidance for consultation on temporary forbearance measures to assist motor finance customers facing financial difficulty because of COVID-19. The consultation will close at 5 pm on Monday 20 Ap...




nc

Coronavirus - FCA issues further draft Covid-19 guidance for Buy-Now Pay-Later and other high cost products - UK

On Friday 17 April the FCA issued draft guidance on Buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking. It proposes temporary financial relief for customers impacted by coronavirus and is intended to complement measures finalised on 9 April...




nc

Coronavirus – ‘Dear CEO’ letter on SME business interruption insurance - UK

After previously setting out its expectations of general insurance firms in relation to their treatment of consumers during the coronavirus (Covid-19) pandemic, on 15 April 2020 the UK Financial Regulator, the Financial Conduct Authority (FCA), ...




nc

Coronavirus - Overview of measures in the financial sector by Dutch Regulators due to the Corona pandemic

DNB (the Dutch Central Bank) Banks: Micro prudential, less significant institutions (LSIs) - Banks can use their capital and liquidity buffer. Therefore, banks will be allowed to temporarily operate below the level of capital as defined by t...