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The Capital Markets Board of Türkiye has introduced comprehensive regulatory reforms affecting hedge funds and portfolio management companies, implementing new investment diversification requirements, graduated ownership caps based on free-float ratios, enhanced capital adequacy standards, and stricter personnel qualifications. These changes, effective from August 2026, establish tiered compliance deadlines and fundamentally reshape the operational framework for Turkish portfolio managers.

The competitive working environment and the need to focus on core activities force today’s financial institutions to outsource some services, critical to their business, for which they have limited expertise and/or limited funds.

The new Banking Law, enacted in the last quarter of 2005, sets forth significant provisions regarding corporate governance and is the first Turkish law to include specific references to corporate governance principles. The pending drafts of the new Turkish Commercial Code and the new Capital Markets Law also contain provisions related to corporate governance, but are yet to be enacted.

25 Kasım 2023 ve 26 Kasım 2023 tarihli Resmî Gazetelerde yayımlanan Cumhurbaşkanı Kararı ve Düzeltme yazısı ile, 1 Ocak 2024 tarihinden itibaren geçerli olmak üzere

Under Transitional Article 15, added to the Turkish Commercial Code by Law No. 7511 published in the Official Gazette on 29 May 2024, the countdown has begun for joint-stock companies (A.Ş.) and limited liability companies (Ltd. Şti.) whose share capital falls below the prescribed minimum amount.

The financial criteria required to be met by companies planning an initial public offering have been raised through the Capital Markets Board of Türkiye decision dated December 26, 2024, numbered 66/2058 ("CMB Decision")...

This article provides a streamlined overview of capital increases for limited liability companies in Türkiye through capital contributions (equity injections).

In September 2008, it was announced that Lehman Brothers Investment Bank was filing for bankruptcy after the Federal Reserve Bank turned down its request to provide financial support to the once giant financial institution.

The Capital Markets Law, and the secondary legislation of the Capital Markets Board are the primary sources of legislation governing the Turkish capital markets. Accordingly, mutual funds in Turkey are established pursuant to the CML and CMB’s regulations.

The Banking Regulation and Supervision Agency has recently published the Regulation Regarding Systemically Important Banks on the Official Gazette, dated February 23, 2016 and numbered 29633.

The banking industry plays a pivotal role in any country's economy, and Turkey is no exception. As financial institutions, lending practices, and regulatory landscapes...

The relevant Communiqué shall be applied to the non-public joint stocks companies which have been adopted the registered capital system.

Sermaye Piyasası Kurulu ("SPK"), i-SPK.22.9 (19 Mart 2025 tarih ve 16/531 s.k.) sayılı ilke kararı ve 23 Mart 2025 tarih ve 18/574 sayılı karar...

25 Kasım 2023 tarihli ve 32380 sayılı Resmi Gazete'de yayımlanan 7887 sayılı Cumhurbaşkanı Kararı ile anonim...

Bankacılık Düzenleme ve Denetleme Kurulu ("Kurul") Payları Borsa İstanbul'da İşlem Gören Halka Açık Bankalara Hisse Geri Alımında Sermaye Esnekliği Tanıdı.

Similar to the trend in other parts of the globe, the need for expertise in extremely fast developing information technology as well as cost efficiency concerns have increased the number of financial institutions in Turkey willing to outsource their financial services. Foreign investments in the Turkish banking and financial system can also be deemed as a supporting element increasing this trend. Foreign investors would like to set-up outsourcing arrangements in Turkey similar to those set up in

Değişiklik Tebliği, halihazırda kuruluş izni alan portföy yönetim şirketlerine geçiş süresi tanımıştır; söz konusu şirketler 31 Aralık 2021'e kadar yeni sermaye şartlarına uyum sağlamakla yükümlülerdir.