In the event that some or all of the personal data is transferred to the founder / partner foreign company located abroad and the foreign company uses this data for its own purposes, there is an obligation to register with the Data Controller’s Registry Information System (“VERBIS”). These transfers, in general, consist of recordings of all or part of the data of the employees, suppliers and customers of the legal entity in Türkiye to a registration system which is provided and managed by foreign partner. However, keeping only personal data in a registration system by the foreign partner does not constitute VERBIS registration obligation and the foreign partner should use this data for their own purposes.

According to the numbered 2019/265 decision of the Personal Data Protection Board (KVKK) dated 03/09/2019, obligation to register at Data Controllers' Registry Information System ("VERBIS") has been extended until 31.12.2019.

Pension Services General Directorate of Social Security Institution Presidency has made certain statements regarding short term insurance branch applications due to lack of application unity mentioned in the general letter dated 31.07.2019 and numbered 96597630-010.07.01-E.11144299.

The Omnibus Bill numbered 7186, published in the Official Gazette numbered 30836 on 19.07.2019, has increased borrowing premium rates and aggravated retirement of the Turkish nationals abroad through abroad borrowing by changing the insurance coverage status of borrowed period with the recent amendments in “the Law on Evaluating Duration Abroad of Turkish Nationals Residing Abroad numbered 3201”.