Consumer Protection Act No. 6502, 2014

Turkey Current 2014

This law aims to ensure the protection of consumers through disclosure of product and service-related specifications. Its coverage includes financial implications (if related to banking services) and environmental or health hazards of products (if related to hazardous substances). The previous Consumer Protection Act no. 4077 was valid until November 2013 when the new Consumer Protection Act no.6502 was issued and entered into force in May 2014. The new law was enacted to comply with both the provisions of the new Turkish Code of Obligations No. 6098 and related directives of the European Commission. The aim is full harmonization with the EU practices and legislation in this domain.

Scope

General sustainability/ESG/non-financial

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

All organizations except those in the public sector

Issuer type

Business/Trade/Industry

Type of instrument

Legislation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners