154 results found

The Capital Markets Board of Türkiye ("CMB") published an important announcement regarding the implementation of inflation accounting...

Throughout late 2003 and early 2004, the Turkish Capital Markets Board (the "CMB") promulgated a number of new regulatory acts, some of which were also mentioned in previous editions of the Newsletter when they were in the draft form.

Banks were required to adapt their operations in line with economic and social impacts of the COVID-19 outbreak. Consequently, they have taken measures such as remote working and limited...

The Regulation updates the procedures and principles governing refurbishment activities, strengthens digital record-keeping and traceability mechanisms, restructures the authorisation and supervision regime applicable to refurbishment centres, and introduces new safeguards for consumers

This article will provide a brief outline of the banking and finance law applicable in Turkey.

The Communiqué on Operating Procedures and Principles and Capital Adequacy of Crypto Asset Service Providers numbered III-35/B.2 (the "Communiqué") published in the Official Gazette dated 13 March 2025 and numbered 32840.

Due to the growth and development of the entrepreneurship ecosystem and the evolving needs of investors and entrepreneurs, the necessity to develop solutions has become inevitable.

Türkiye Bankalar Birliği 29 Ocak 2021 tarihinde Bankacılık Düzenleme ve Denetleme Kurumu'nun (''BDDK'') bankalarca kar dağıtılmasına ilişkin değerlendirmelerini içeren bir kamuoyu duyurusu...

On 16 September 2026, the money market funds founded by Pusula Portföy Yönetimi A.Ş. defaulted after failing to meet the cash redemption requests received from investors, triggering a sharp sell off on Borsa Istanbul. The BIST 100 index lost 5.54% that same day and hit a circuit breaker; the selling soon spread to Tera Portföy funds as well. It became apparent that the problem was not confined to those two firms but also extended to Hedef, Atlas, A1 Capital, Pardus and Bulls Portföy.

XNUMX tarihli Resmi Gazetede, 7887 Nolu Cumhurbaşkanlığı Kararı 24 Kasım 2023 tarihli Kanun, Türkiye'deki anonim ve limited şirketler için asgari sermaye gerekliliklerini önemli ölçüde değiştirmektedir.

Sermaye Piyasası Kurulu ("SPK") 28.12.2023 tarihli bülten ile enflasyon muhasebesi uygulamasına ilişkin önemli bir duyuru yayınladı. Yapılan duyuru ile 31 Aralık 2023 tarihi itibariyle sona eren hesap...

Recently, many insurance companies have been faced with capital inadequacy and weakening of the financial structure. This situation is not only a sectoral problem, but has gained a dimension that directly affects the rights and claims of the insured. This bulletin summarizes the capital adequacy regulations for insurance companies, the classification of capital insufficiency situations and the administrative sanctions that may be imposed by the SEDDK, as well as a general roadmap on the steps to be followed for the policyholders of companies with weakened financial structure.

17.10.2026 tarihli ve 33403 sayılı Resmî Gazete’de yayımlanan Anonim ve Limited Şirketlerin Sermayelerini Yeni Asgari Tutarlara Yükseltme Süresinin Uzatılmasına İlişkin Tebliğ (“Tebliğ”) ile 6102 sayılı Türk Ticaret Kanununun (“TTK”) geçici 15. maddesi kapsamında şirketlerin sermayelerini yeni asgari tutarlara yükseltmeleri için öngörülen süre, 31.12.2026 tarihinden 31.12.2027 tarihine uzatılmıştır.

Sermaye Piyasası Kurulu tarafından hazırlanan kripto varlık hizmet sağlayıcılarına...

On 7 September 2025, the Medium-Term Program ("MTP"), setting out Türkiye's three-year economic roadmap for 2026-2028, was published in the Official Gazette.

In the Official Gazette dated 2 July 2024 and numbered 32590, the Law on Amendments to the Capital Markets Law No. 7518 introduced additions concerning crypto assets to various articles of the Capital Markets Law No. 6362.

The sample formats of the letters of guarantee enclosed to our "Memorandum on the Communiqué of the Ministry of Finance About Letters of Guarantee" which was originally issued in January 2003 and then revised upon the General Communiqué, no. 15, of the Republic of Turkey, the Ministry of Finance, the Accountancy General Directorate, published in the 1st Repeated Edition of the Official Gazette on February 20, 2004, have been once more replaced by the text formats published in the Official Gazett