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Insurers, reinsurers, and brokers face an increasingly unpredictable world, not least because of tougher capital and risk requirements impacting on your business. So you can be certain to meet these challenges successfully, you need advisors with specialist knowledge of your sector and a detailed understanding of the evolving regulatory framework. CMS has helped major insurers establish and expand operations in Turkey and emerging Europe. We are the market leader in M&A in the sector, offer dedicated regulatory expertise and have extensive experience from distribution of insurance products to defence of class action claims.

With 100 insurance lawyers across 34 countries, we can protect your commercial interests in your home market and across borders. We provide advice based on strong local knowledge delivered on a Europe-wide basis by expert lawyers, many of whom have worked in the sector or for regulatory authorities. We assist clients on the most complex transactional, advisory and contentious matters. A multi-disciplinary team advises on strategic as well as operational matters, liability and dispute resolution, policy drafting, coverage, regulatory issues, M&A, capital raising and restructurings, HR, tax, real estate and commercial issues.


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01/06/2022
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, stay­ing ahead of the curve and know­ing what’s next for your busi­ness or sec­tor is es­sen­tial.At CMS, we see ourselves not only as your leg­al ad­visers but also as your busi­ness part­ners. We work to­geth­er with you to not only re­solve cur­rent is­sues but to an­ti­cip­ate fu­ture chal­lenges and in­nov­ate to meet them.With our latest pub­lic­a­tion, CMS Next, our ex­perts will reg­u­larly of­fer you in­sights in­to and fresh per­spect­ives on a range of is­sues that busi­nesses have to deal with – from ESG agen­das to re­struc­tur­ing after the pan­dem­ic or fa­cing the di­git­al trans­form­a­tion. We will also share with you more about the work that we are do­ing for our cli­ents, help­ing them in­nov­ate, grow and mit­ig­ate risk.To be able to provide you with the best sup­port, we im­merse ourselves in your world to un­der­stand your leg­al needs and chal­lenges. However, it is equally im­port­ant that you know who we are and how we can work with you. So, we in­vite you to meet our ex­perts and catch a glimpse of what is hap­pen­ing in­side CMS.En­joy read­ing this pub­lic­a­tion, which we will up­date reg­u­larly with new con­tent.CMS Ex­ec­ut­ive Team
26/05/2022
Schrems II: Re­ac­tions to the judge­ment and the su­per­vis­ory au­thor­it­ies'...
“Schrems II”: Opin­ions of the su­per­vis­ory au­thor­it­ies on Schrems II and re­com­mend­a­tions on the im­ple­ment­a­tion of the judge­ment in in­ter­na­tion­al data trans­fers On 16 Ju­ly 2020, the Court of Justice...
11/05/2022
SF­DR con­tin­ues to evolve: more gran­u­lar dis­clos­ures to be pro­posed on in­vest­ments’...
Fin­an­cial products with ex­pos­ures in fossil gas and nuc­le­ar en­ergy are likely to have more gran­u­lar re­port­ing re­quire­ments un­der the Sus­tain­able Fin­ance Dis­clos­ure Reg­u­la­tion (“SF­DR”). The European...
11/05/2022
SF­DR’s Prin­cip­al Ad­verse Im­pacts In­dic­at­ors on course to change
The European Com­mis­sion has giv­en the European Su­per­vis­ory Au­thor­it­ies (“ES­As”) a man­date to re­view the SF­DR Del­eg­ated Reg­u­la­tion in­dic­at­ors for prin­cip­al ad­verse im­pact and the fin­an­cial product...
12/04/2022
Tur­key’s 2021 over­view for in­sur­ance sec­tor
Sig­ni­fic­ant sec­tor-re­lated changes in Tur­key in 2021 With the In­sur­ance and Private Pen­sion Reg­u­la­tion and Su­per­vi­sion Agency ("Agency") fully op­er­a­tion­al, there have been far-reach­ing reg­u­lat­ory changes...
01/03/2022
Pro­posed man­dat­ory cor­por­ate sus­tain­ab­il­ity due di­li­gence re­quire­ments...
On 23 Feb­ru­ary 2022, the European Com­mis­sion ad­op­ted a long-awaited pro­pos­al for a Dir­ect­ive on cor­por­ate sus­tain­ab­il­ity due di­li­gence for widely-defined spe­cified “com­pan­ies”. The pro­pos­als are wide...
09/02/2022
Class ac­tions in Tur­key
See the Over­view of the Rep­res­ent­at­ive Ac­tions Dir­ect­ive >> 1. Do you have a spe­cif­ic pro­ced­ure or pro­ced­ures for bring­ing “opt-in” class ac­tions?  If so, please out­line such pro­ced­ure(s) and...
Comparable
22/12/2021
Turk­ish Coun­cil of State hands down rul­ing on elec­tron­ic tax no­ti­fic­a­tions
In de­cision 2021/2 dated 22.09.2021, the Coun­cil of State – Plen­ary Ses­sion of the Tax Law Cham­bers ruled that not send­ing an in­form­a­tion mes­sage to a tele­phone num­ber or e-mail ad­dress for elec­tron­ic...
19/11/2021
Turk­ish Data Pro­tec­tion Au­thor­ity pub­lishes guideline on the pro­cessing...
On 17 Septem­ber 2021, the Turk­ish Data Pro­tec­tion Au­thor­ity pub­lished the Guide to the Pro­cessing of Bio­met­ric Data, which de­scribes the prin­ciples to be fol­lowed when pro­cessing bio­met­ric data that are...
27/09/2021
Tur­key pub­lishes Reg­u­la­tion on Iden­tity Au­then­tic­a­tion in Elec­tron­ic Com­mu­nic­a­tions...
The In­form­a­tion and Com­mu­nic­a­tion Tech­no­lo­gies Au­thor­ity (ICTA) re­cently pub­lished the Reg­u­la­tion on the Au­then­tic­a­tion of the Iden­tity of the Ap­plic­ant in the Elec­tron­ic Com­mu­nic­a­tions Sec­tor (“Reg­u­la­tion”)...
16/09/2021
Tur­key's ad­op­tion of com­pet­i­tion law Com­mit­ment Pro­ced­ure ex­pec­ted to bring...
On 24 June 2020, Law No. 7246 on the Amend­ment of the Law on Pro­tec­tion of Com­pet­i­tion (“Amend­ment Law”) was pub­lished on the Of­fi­cial Gaz­ette No. 31165 and entered in­to force on the same day. Most...
11/06/2021
EDPB is­sues Re­com­mend­a­tion on cred­it card data stor­age for one-click pay­ments
The European Data Pro­tec­tion Board (EDPB) has ad­op­ted a new re­com­mend­a­tion on the leg­al basis for the stor­age of cred­it card data by e-com­merce mer­chants for the pur­pose of one-click pay­ment of fur­ther...