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The CMB also intends to lower the regulatory compliance costs for lease certificate issuances to increase the share of Islamic finance in Turkey.

The Capital Markets Board of Türkiye has announced a significant expansion of English-language disclosure requirements for publicly traded companies, effective October 1, 2026.

On July 3, 2015, the Turkish Capital Markets Board (the "CMB") announced that it had imposed an administrative fine of TRY 123,278 (approx. USD 46,000) on a public company because the company used proceeds from its equity offering contrary to the disclosures in its offering circular (izahname).

The capital of a company can be paid in two ways, first by cash injection and second, by contribution in kind, that is any contribution which is permitted by law and not in cash.

Project based securities ("PBS"), first introduced in the amendments to the Capital Markets Law No. 6362 on February 25, 2020, are now being regulated by the Draft Communiqué...

Prior to the new Capital Markets Law, enforcing a security by means of a private sale, other than through foreclosure proceedings before a court, was questionable.

Within the SSI general letters dated January 4, 2019, numbered 239234 and dated May 3, 2021, numbered 24641420...

Turkey has ratified the Cape Town Convention on International Interests in Mobile Equipment (the "Convention") and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment (the "Protocol") on 29 March 2011, with effect from 4 July 2011.

Turkey has taken a series of new measures involving companies and public institutions in the wake of the State of Emergency declared on 21 July 2016.

As part of our share transfer and corporate law series, we already analyzed the rules and procedures of share transfers in Joint Stock Companies (Part-I) and the role of share ledgers in such transactions (Part-II).

With its decision No. 57/1708 dated 17.09.2026, the Capital Markets Board (the “CMB”) set out the liquidation procedures for the 131 investment funds established by Tera, A1 Capital, Atlas, Bulls, Hedef, Pardus and Pusula Portföy Yönetimi, whose liquidation had been ordered under its previous decision, and updated the relevant list of funds in the same decision.

Turkey has changed merger control requirements for mergers and acquisitions. Changes introduce new circumstances when parties can notify the Competition Board ("Board") after a transaction has been realized. Certain transactions within a three-year period will now also be viewed as a single transaction for purposes of turnover threshold calculations.

Submission of Withholding and Premium Service Declaration to the Ministry of Finance in due time.

Social Security Institution has made an amendment on the SSI registration portal with regards to the foreign employees.

Social Security Institution has published Circular No. 2021/11 to provide details about the employee registration process during the construction license application.

Asset Backed Securities (“ASB”s) were a popular class of instruments in the Turkish economy between 1992 and 1997, but have been rarely used by non-bank private sector issuers in the domestic market since 1998. These may regain their popularity in the near future as the economic activity increases and assets gain value. According to the applicable legislation, issuance and offering must be carried out by an intermediary institution and under a bank guarantee. Receivables against which ASBs may b

This legal alert provides a brief overview of the changes which were adapted by İstanbul Takas ve Saklama Bankası A.Ş. ("Takasbank") and Turkish Capital Markets Association ("TCMA") recently, on November 1 and 2, 2017.