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  • Article

    Regulator Removed The Ban On Short Sale Transactions Initially For BIST-30 Index Stocks

    Capital Markets Board of Turkey ("CMB") decided to partially end the ban on short sales transactions taking place in the equity market of Istanbul Stock Exchange (Borsa Istanbul)...
    TurkeyFinance and Banking
    Sadik& Çapan
    Sadik& Çapan
  • Article

    Turkish Ministry Of Treasury And Finance Signs A Deal With Euroclear Bank For Increasing Foreign Investor Access To Local Bond Market

    Turkish Ministry of Treasury and Finance announced that Turkey signed a deal with Euroclear Bank, a foreign central securities depository, for providing custody and settlement services...
    TurkeyFinance and Banking
    Sadik& Çapan
Sadik& Çapan
  • Article

    Withholding Deduction Applied To Turkish Lira Deposits Is Extended

    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...
    TurkeyFinance and Banking
    LBF Partners
    LBF Partners
  • Article

    Türk Lirasi Mevduatlara Uygulanan Stopaj İndiriminin Süresi 31 Aralik 2022 Tarihine Kadar Uzatildi

    28 Haziran 2022 tarihli ve 31880 sayılı Resmî Gazete'de yayımlanan 5752 sayılı Cumhurbaşkanı Kararı ile Türk Lirası mevduatlara uygulanan stopaj indiriminin süresi 31 Aralık 2022 ...
    TurkeyTax
    LBF Partners
    LBF Partners
  • Article

    Capital Markets Board Issues an Official Announcement on Initial Coin Offerings and Crowdfunding

    The Capital Markets Board ("CMB") issued an announcement on September 27, 2018, on its website and addressed the much-disputed status of digital tokens and Initial Coin Offerings ("ICO").
    TurkeyTechnology
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    A Look At Recent Changes To The Mandatory Offer Communique

    The Capital Markets Board effected changes to Communiqué No II-26.1 on Mandatory Offer Requirements (the "Mandatory Offer Communiqué") on 5 June 2018 to introduce new exemptions to mandatory offer ...
    TurkeyCorporate/Commercial Law
    Bezen & Partners
    Bezen & Partners
  • Article

    Analysis Of Share Transfer Restrictions Under Turkish Commercial Code

    Turkish Commercial Code No. 6102, in principle, TCC provides that registered shares may be transferred without being subject to any restrictions.
    TurkeyCorporate/Commercial Law
    Inal Law Office
    Inal Law Office
  • Article

    Increasing Capital In Limited Liability Companies By Contribution Of Shareholders' Mature Cash Receivables To The Capital

    According to Article 127 and 342/1 of the Turkish Commercial Code, shareholders' mature receivables from a company can be invested in that company as capital in-kind.
    TurkeyCorporate/Commercial Law
    Öncel, Aydin & Uygun Attorney Partnership
    Öncel, Aydin & Uygun Attorney Partnership
  • Article

    Newsletter On Off-Exchange Share Sales In Public Companies

    Turkey's Capital Markets Board has introduced new regulations governing off-exchange share sales by major shareholders of public companies, establishing strict thresholds and requiring CMB approval for transfers exceeding specified limits. These rules impose significant compliance obligations on controlling shareholders and investment institutions, fundamentally changing how large block trades must be structured and executed in the Turkish capital markets.
    TurkeyCorporate/Commercial Law
    Bener Law Office
    Bener Law Office
  • Article

    Recent Amendment To Initial Public Offering Of Non-Public Companies

    On January 26, 2018, Capital Markets Board published a Communiqué numbered VII-128.1.c for the amendment of Article 5/2 of Equity Communiqué numbered VII-128.1, taking effect as from the date it is published in the Official Gazette.
    TurkeyCorporate/Commercial Law
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Stock Market Directive Enters Into Effect In Turkey As Part Of BISTECH Changes

    The Stock Market Directive ("Directive") outlines the basis and procedures for the Stock Market, incorporated within Borsa İstanbul Anonim Şirketi. The Directive updates the Stock Market's legal framework.
    TurkeyCorporate/Commercial Law
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Webinar Series: US And Turkish Securities Law Considerations In Turkish IPOs And ABBs

    The majority of us will be working from home for the foreseeable future.
    TurkeyCorporate/Commercial Law
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    CMB Continues To Facilitate Mortgage Finance Company Issuances

    The issuance ceiling limit in the Debt Securities Communiqué will not be applicable to the debt securities issued by MFIs.
    TurkeyFinance and Banking
    Esin Attorney Partnership
    Esin Attorney Partnership
  • Article

    Recent Amendments On Sales Periods And Allocations In Public Offering Of Capital Market Instruments

    This legal alert aims to set forth the amendment of Capital Markets Board of Turkey on the Communiqué on Sales of Capital Market Instruments numbered II-5.2.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Turkish Residents Must Now Use Approved Institutions For Capital Market And Security Transactions

    Turkey has introduced new restrictions for leverage procedures, as well as for buying and selling securities and similar capital market instruments.
    TurkeyFinance and Banking
    Moroglu Arseven
    Moroglu Arseven
  • Article

    Recent FCPA Cases Involving Turkey

    The FCPA criminalizes the bribery of foreign officials anywhere in the world for the purposes of preventing corruptly influencing of an official governmental decision in order to obtain a business benefit.
    TurkeyCorporate/Commercial Law
    ELIG Gürkaynak Attorneys-at-Law
    ELIG Gürkaynak Attorneys-at-Law
  • Article

    Squeeze-Out In Group Of Companies

    In this memorandum, we will briefly explain the right of such squeeze-out and the way to exercise such right.
    TurkeyCorporate/Commercial Law
    Baspinar & Partners
    Baspinar & Partners
  • Article

    Kurul, İpotek Finansman Kuruluşlarının Borçlanma Aracı Ve VİDMK Ihraçlarına Bir Takım Kolaylıklar Getirdi

    Sermaye Piyasası Kurulu tarafından 13 Haziran 2020 tarihli ve 31154 sayılı Resmi Gazete'de VII-128.8 sayılı Borçlanma Araçları Tebliği'nde Değişiklik Yapılmasına İlişkin Tebliğ (VII-128.8.a) ...
    TurkeyFinance and Banking
    Sadik& Çapan
    Sadik& Çapan
  • Article

    Should We Stop Commentaries Now?

    The new Capital Markets Law was published in the Official Gazette and came in effect in the end of 2012.
    TurkeyFinance and Banking
    Eryurekli Law Office
    Eryurekli Law Office
  • Article

    Distribution Of Profits And Calculation Of Distributable Profits Under Turkish Commercial Law

    shareholder wishing to receive dividends in a foreign currency is exposed to currency fluctuations in general and particularly between the date on which dividends are declared and the date on which dividends are paid.
    TurkeyCorporate/Commercial Law
    Cakmak Avukatlik Burosu
    Cakmak Avukatlik Burosu
  • Showing 41–60 of 347 results

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