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LATEST AMENDMENTS IN THE TURKISH CAPITAL MARKETS BOARD LEGISLATION

November 2011 - Corporate & Commercial. Legal Developments by Pekin & Bayar Law Firm.

More articles by this firm.

The capital markets legislation in Turkey has seen important changes in the second half of this year. While some of those changes have been initiated by the Turkish Parliament as part of the lawmaking process, the Turkish Capital Markets Board (the “CMB”), the regulatory authority of the capital markets in Turkey, has been the source of other amendments and changes. This article summarizes the new landscape and discusses the impact of the referred new amendments.

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