Introduction Borsa İstanbul regulations and capital market compliance in Turkey are essential for companies, investors, brokerage firms, portfolio management companies, foreign issuers, institutional investors and all market participants operating in Turkish capital markets. Borsa İstanbul is not only a trading venue. It is a regulated market infrastructure where shares, debt securities, derivatives, precious metals, funds […]
Introduction Foreign investors in Turkish capital markets operate within a sophisticated legal and regulatory framework shaped by Turkish Capital Market Law, the Capital Markets Board of Türkiye, Borsa İstanbul rules, public disclosure obligations, custody infrastructure, foreign investment principles, tax rules and anti-money laundering requirements. Türkiye’s capital markets offer access to listed equities, debt instruments, investment […]
Introduction Investor protection in Turkish capital markets is one of the core objectives of Turkish securities regulation. Capital markets cannot function properly unless investors trust that issuers disclose accurate information, investment institutions are properly authorized, market prices are not distorted by manipulation, inside information is not misused, and investor assets are protected through reliable custody […]
Introduction Insider trading under Turkish Capital Market Law is one of the most serious capital market offences in Turkey. In Turkish legal terminology, insider trading is generally referred to as “bilgi suistimali”, meaning the abuse or misuse of inside information. The concept protects market fairness by preventing persons who possess non-public, price-sensitive information from using […]
Introduction Market manipulation in Turkey is one of the most serious violations under Turkish Capital Market Law. It directly threatens investor confidence, fair price formation, market transparency and the reliability of Borsa İstanbul and other organized markets. For this reason, Turkish law treats market manipulation not merely as an unfair market practice, but as a […]
Introduction Prospectus requirements in Turkish Capital Market Law are among the most important legal obligations for issuers, public offerors, listed companies, investment institutions and investors. A prospectus is the central disclosure document used in public offerings and admission of capital market instruments to trading. It enables investors to evaluate the issuer, the securities, risk factors, […]
Introduction Public companies in Turkey are subject to a strict legal and regulatory regime under Turkish Capital Market Law. Once a company becomes publicly held or has its shares traded on Borsa İstanbul, it is no longer regulated only as an ordinary joint-stock company. It becomes part of the capital market system and must comply […]
Introduction Brokerage firms in Turkey, legally referred to as intermediary institutions or aracı kurumlar, play a central role in the Turkish capital market system. They provide access to securities markets, transmit and execute investor orders, offer investment services, participate in public offerings, provide custody-related services, prepare research materials, and in certain cases provide investment advice […]
Introduction Investment services in Turkey are strictly regulated under Turkish Capital Market Law. Any person or institution intending to provide brokerage services, order transmission, execution of orders, portfolio management, investment advice, underwriting, placement, custody services or other capital market-related activities must carefully assess whether a license or authorization from the Capital Markets Board of Türkiye, […]
Introduction Securities law in Turkey is the legal framework governing the issuance, offering, sale, trading, custody and supervision of securities and other capital market instruments. It is a critical field for investors, issuers, public companies, financial institutions, portfolio managers, brokerage firms, foreign funds and technology-based financial service providers. Turkish securities law determines how companies may […]