A post by @BloombergHT on X.

Turkey’s Public Oversight, Accounting and Auditing Standards Authority has extended the exemption period for sustainability audits by one year, according to Bloomberg HT. The reprieve delays mandatory independent assurance on companies’ sustainability disclosures, giving firms and audit providers additional time to prepare for the reporting regime. The decision matters because it postpones the compliance burden and cost tied to verifying environmental, social and governance data for Turkish issuers. What to watch next is whether the authority issues detailed implementation guidance and whether further extensions follow as companies scale up their sustainability reporting capacity.