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The Presidential Decree ("Decree") published in the Official Gazette dated 04.02.2021 and numbered 31385 regulates the procedures and principles regarding the deferral of debts arising...

In accordance with Article 31/A of Capital Markets Law No. 6362, Capital Markets Board of Turkey ("CMB") ...

The Capital Markets Board (the "CMB") had recently increased the financial criteria, specifically the monetary thresholds, that the issuers must meet in order to go public with its decision No. 2023/82...

Debt recovery procedures in Turkey can be quite complex and can take a lot longer on average than most EU countries.

"Regulation on the Principles of the Asset, Right and Receivable Inquiry on the National Judiciary Informatics System" was published in the Official Gazette dated January 22, 2022 and entered into force on the same date.

The Capital Markets Board has introduced significant changes to support the efficient functioning of capital markets and enhance companies' ability to adapt to market conditions.

With its decision published in the Capital Markets Board Bulletin dated December 29, 2023 and numbered 2023/82 (the "Decision"), the Capital Markets Board ("CMB") amended the financial criteria...

According to the decision of the Capital Markets Board of Turkey ("CMB") dated 6 February 2023 ("Decision") published in the Capital Markets Board Bulletin dated 6 February 2023 and numbered 2023/7, it was decided to ban short selling transactions in Borsa Istanbul A.Ş. ("Borsa Istanbul") share markets.

Turkish Constitutional Court with its decision with application number 2019/12190, published in the Official Gazette on 20.04.2022, ruled that court decisions on dismissal of unquantified debt lawsuits...

With the resolution of the Capital Markets Board (the "CMB") numbered i-SPK.22.8 (dated 1 August 2024 and numbered 41/1198) (the "New Resolution")...

This year, the Turkish prime minister’s favorite saying has surely been that the global economic crisis would touch Turkey "only tangentially." Arguably, he is right.

The Capital Markets Board (“CMB”) Communiqué on Principles Regarding Proxy Voting at the General Assembly of Shareholders Meetings of Publicly Held Joint Stock Corporations, Proxy Solicitation, and Tender Offers (“Communiqué”) is the main piece of legislation regulating the obligation to launch a tender offer when one party or parties acting together, directly or indirectly, acquires 25% or more of the share capital and voting rights or control of a publicly held joint stock corporation.

The manipulative trades and misleading transactions of banks in financial markets in Turkey have been defined under Article 76/A of the Banking Law No. 5411...

The purpose of this article is to review current Turkish law that impacts shareholders' rights and usufruct rights. Turkish law provides shareholders of a joint stock corporation with certain, fairly typical rights as are found in virtually all corporate codes throughout Europe and North America.

This legal alert aims to set forth the amendment of Capital Markets Board of Turkey dated October 20, 2017 on the Communiqué on Principles Regarding Investment Services, Activities and Ancillary Services numbered III-37.1.

6362 sayılı Sermaye Piyasası Kanunu'nda ve bu Kanun'a dayanılarak çıkarılan yönetmelik, tebliğ yahut diğer alt düzenlemeler ile 2499...

The Omnibus Law No. 6111 has authorized the CMB for supervision and surveillance of the over the counter leveraged trading activities, the so-called forex transactions, as from August 25, 2011.

The hyperinflation that started in 1970’s has been affecting Turkish economic life and has caused the expression of economic values by billions, trillions or even in quadrillions. From 1981 new banknotes in larger denominations started to be circulated due to this high inflation to meet the cash demand in the economy. For the last few years the highest denominated banknote is 20.000.000 TL, which is also the highest denominated banknote in the world.