Enforcement and Bankruptcy Law: Electronic Sales Procedure Updated

The Regulation on Making Changes to the Regulation on the Procedure of Sales to be Made Electronically under the Enforcement and Bankruptcy Law was published in the Official Gazette and entered into force. This important update accelerates digital transformation in enforcement and bankruptcy processes.

Innovations in Electronic Sales System

In the new regulation, the electronic sales system is comprehensively updated:

• New technology infrastructure requirements are determined
• Security protocols and identity verification systems are strengthened
• User interface and experience are improved
• Mobile compatibility and accessibility are increased

Digitalization in Sales Processes

Sales processes conducted electronically are made more effective:

• Automatic notification and reminder systems are introduced
• Real-time price tracking and update capability is provided
• Multiple payment options and integrations are added
• Post-sale transaction processes are digitalized

Transparency and Accountability

Transparency and accountability in electronic sales processes are increased:

• All transactions are recorded in digital environment
• Auction processes are broadcast live
• Participant information and bid history are made transparent
• Objection and complaint processes are digitalized

Security and Verification

Security measures on electronic sales platforms are strengthened:

• Multi-factor authentication becomes mandatory
• Cybersecurity protocols are updated
• Data protection and privacy measures are increased
• Fake account and manipulation prevention systems are introduced

Training and User Support

Comprehensive training programs are prepared for effective use of the new system:

• Technical training for enforcement personnel is organized
• Online guides and videos for users are prepared
• 24/7 technical support service is provided
• Frequently asked questions and solution suggestions are shared

These changes will ensure that enforcement and bankruptcy processes are conducted faster, more transparently and securely. As Cebeci Law Firm, we inform our clients about these innovations and represent them in the best way in electronic processes.