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Last Call for Fulfilling the Registration Obligation with VERBIS!

Last Call for Fulfilling the Registration Obligation with VERBIS!

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Under Turkish law, data controllers must be registered with the so-called “VERBIS” registration system before processing any personal data. The Turkish Personal Data Protection Authority announced December 31, 2021 as the final deadline for fulling this registration obligation pursuant to the Personal Data Protection Law No. 6698 and the Regulation on Data Controllers Registry. The deadline is fast approaching.

In this respect, the following data controllers must register with VERBIS until the end of this year:

  • Individual and legal entity data controllers residing in Turkey and having more than 50 employees or having a total annual balance sheet above 25 million Turkish Liras (approx. 2,012,000 US$);
  • Individual and legal entity data controllers residing outside of Turkey;
  • Individual and legal entity data controllers, whose main field of activity is processing sensitive personal data (g., health data, membership of associations, religion), despite they have less than 50 employees and a total annual balance sheet below 25 million Turkish Liras (approx. 2,012,000 US$);
  • State institutions and organizations, and professional organizations having public institution

Failing to fulfil registration obligation until December 31, 2021, would result in administrative fine between 39.337 Turkish Liras (approx. 3,170 US$) and 1.966.862 Turkish Liras (approx. 158,300 US$). Accordingly, please be informed that data controllers which are subject to VERBIS registration obligation as noted above and have not yet registered with VERBIS should prepare their data processing inventories and complete the registration within December, 2021.

By Zahide Altunbas Sancak, Partner, and Sevinc Jafarova, Associate, Guleryuz & Partners

Guleryuz Partners at a Glance

We are Güleryüz Partners, an Istanbul based law firm, offering high-quality legal services to domestic and multinational clients.

Our team consists of energetic young professionals who are led by talented partners with strong academic backgrounds at prestigious universities in the USA, UK, and Germany, coupled with vast market experience exceeding a decade at top tier Turkish law firms. All our associates are fluent in English and provide legal advice in additional languages such as German and French.

Our practice ranges from complex disputes to sophisticated M&A and finance transactions. We provide niche legal services in a wide range of legal areas such as litigation and dispute resolution, local and cross border M&As, banking, finance and capital markets, venture capital investments and start-ups, and compliance and corporate governance (including data privacy, anti-corruption and white-collar crime, AML, and sanctions).

We value strong communication and information flow among our departments for the perfection of our legal services. This interdepartmental coordination enables us to take a more client-centric approach and to better understand and cater for the client needs. Our business perspective goes beyond providing excellent legal advice to our clients; we also collaborate with them as their business partners and offer them the entire legal ecosystem that they can thrive their business.  

As Güleryüz Partners, we heavily invest in our pro bono projects in Turkiye and work together with institutions, foundations, and other organizations to provide legal advice to the persons in need of help, while acknowledging the high costs usually associated with high quality legal services limit the access to justice for many people.

We also pride ourselves on fostering and promoting a diverse, equitable and inclusive work environment where every individual feels valued and respected.

For further information, you may visit our website at www.guleryuz.av.tr.