Recent Developments In Turkish Capital Markets - August 2023

A Communique published in the Official Gazette No. 31814 dated 19 April 2022 ("Amendment"), has amended the Communique on Decision No. 32 on the Protection of the Value of Turkish Currency...

The Republic of Türkiye's Ministry of Treasury and Finance published amendments to Communiqué No. 2008-32/34 ("Communiqué") regarding Decree No. 32...

As is known, Turkish Lira has lost about a quarter of its value against the dollar just between August 8, 2018 and August 13, 2018.

With the Presidential Decision numbered 5752 published under the Official Gazette dated June 28, 2022 and numbered 31880 ("Decision"), the period of the withholding deduction applied...

The Capital Markets Board of Turkey has introduced a new framework for calculating shares in actual circulation for companies listed on Borsa İstanbul's Equity Market, fundamentally changing how free float ratios are determined. The updated regulations establish comprehensive exclusion criteria for certain shareholdings and introduce a novel approach that accounts for indirect shareholdings through hedge funds and other publicly traded entities. This regulatory shift requires monthly reporting obligati

Pursuant to the announcement made in accordance with the decision no. 11/417 published in the bulletin of the Capital Markets Board of Turkey dated 01.03.2026 and numbered 2026/11, certain temporary measures have been introduced in order to preserve market stability.

Law No. 7222 on the Amendment of the Banking Law and Certain Laws ("Amendment Law") published in the Official Gazette dated February 25, 2020 and numbered 31050

The Decision 85 of President is published by Presidency of Republic of Turkey on the date of 13.09.2018, in respect of the exchange of the contract prices agreed in foreign currency to Turkish Lira.

The obliged parties failing to comply with any obligation shall be punished with an administrative fine or sentenced to imprisonment subject to the type of failure.

The Presidential Decree, amending Decree No. 32 on the Protection of the Value of Turkish Currency ...

Recent amendments to Turkish Law No. 5651 "On the Regulation of Broadcasts via the Internet and Prevention of Crimes Committed through Such Broadcasts" have widened the scope of Law No. 5651 to cover social network providers.

The UK's Competition and Markets Authority (CMA) announced that it has blocked Microsoft's USD 68.7 billion acquisition of US video game holding company Activision Blizzard.

Since January 2020, Turkish Competition Authority has handed down 30 final decisions n competition and cartels. It also opened 16 investigations and 3 sector inquiries.

The Regulation on the Amendment of the Regulation on Workplace Opening and Operating Licenses (the "Regulation") published in the Official Gazette dated 11 December 2025 and numbered 33104 and entering into force on the same date, introduces significant changes to business license procedures.

The Personal Data Protection Law No. 6698 ("PDPL"), Administrative fines, which were prescribed in line with Article 18, are updated through revaluation rates beginning from each calendar year, as per Article 17 of Law on Misdemeanours No. 5326, as well as the repeating Article 298 of Tax Procedure Law.

Türkiye Emisyon Ticaret Sistemi Yönetmeliği (“Yönetmelik”), 27 Ağustos 2026 tarihli ve 33353 sayılı Resmî Gazete’de yayımlanarak aynı tarihte yürürlüğe girmiştir. Yönetmelik ile 7552 sayılı İklim Kanunu (“İklim Kanunu”) uyarınca Türkiye Emisyon Ticaret Sistemi’nin (“ETS”) kapsamı sera gazı emisyon izni, izleme, raporlama ve doğrulama, tahsisatlandırma ve piyasa işleyişine ilişkin temel kuralları düzenlemektedir.

On 19 May 2026, the European Commission published draft guidelines clarifying the classification of high-risk artificial intelligence systems under the Artificial Intelligence Act (“AI Act”) and invited stakeholder feedback on practical examples.

The European Commission initiated a voluntary initiative under the AI Act to facilitate early compliance and encourage information sharing among companies.

The TCB closed its recent investigation into Coca-Cola by accepting commitments that expand, rather than introduce, controls on its cooler practices. Coca-Cola’s 2021 commitment decision already required it to share cooler space with rival products.

Recent Developments in Turkish Capital Markets 2026 June