ArticleRegulatory Updates In Turkish Capital Markets - December 2018Recent regulatory changes adopted by the Capital Markets Board ("CMB") are summarized below:TurkeyFinance and BankingEryurekli Law Office
ArticleA Liberal Perspective For Public Offerings, 15 January 2010, Legal Alert by Eryürekli Law OfficeCapital Markets Board of Turkey ("CMB") has announced Draft Legislations on principles of stock offerings and methods for sales of securities.TurkeyFinance and BankingEryurekli Law Office
ArticleForeign Direct Investments In Turkey - "Electronic Notification System" Has Been EstablishedThis Legal Alert seeks to provide information regarding the amendment of "Regulation for Implementation of Foreign Direct Investment Law" and the rules relating to the newly established Electronic Notification System. TurkeyGovernment, Public SectorEryurekli Law Office
ArticleLegislative Amendments To Turkish Capital MarketsCertain amendments were made on multiple laws concerning Turkish financial markets with the Law No. 7222, including provisions of Turkish Capital Market Law No.6362.TurkeyCorporate/Commercial LawEryurekli Law Office
ArticleRecent Amendments in Decree No. 32 In Relation To Leveraged TransactionsThis legal alert aims to summarize the recent amendments made in Decree No: 32 in relation to the leveraged (i.e. FOREX) transactions of Turkish residents.TurkeyFinance and BankingEryurekli Law Office
ArticleLegislative Amendments To Turkish Financial MarketsCertain amendments were made on multiple laws concerning Turkish financial markets with the Law No. 7222...TurkeyFinance and BankingEryurekli Law Office
ArticleHow Does Custody System Operate In Turkish Capital Market?This Article seeks to set forth the operation of custody system in Turkey by putting the lens on categories of custody service, licensing requirements, segregation of accounts principle, books and records and local securities depository institutions in accordance with applicable legislation in Turkey.TurkeyFinance and BankingEryurekli Law Office
ArticleNew System For Monitoring Foreign Currency Positions Of Turkish CompaniesThis Legal Alert seeks to provide information regarding the new data tracking system introduced by Central Bank of Turkey for monitoring the transactions of companies affecting their foreign currency position.TurkeyCorporate/Commercial LawEryurekli Law Office
ArticleCommuniqué On Bondholders' Board Is PublishedFollowing certain amendments in the Capital Markets Law No. 6362 ("CML") with the Law No. 7222 Amending Banking Law and Certain Other Laws published in the Official Gazette dated 25 February 2020...TurkeyCorporate/Commercial LawEryurekli Law Office
ArticleNew Communiqué On Squeeze-Out And Sell-Out RightsFollowing up on the announcement of the Capital Markets Board of Turkey ("<strong>CMB</strong>") regarding the Draft Communiqué on Squeeze-Out and Sell-Out Rights on 28 October 2020TurkeyCorporate/Commercial LawEryurekli Law Office
ArticleRegulatory Updates In Turkish Capital Markets - May 2018This Legal Alert seeks to provide information regarding the recent amendments to the "Guide to Investment Funds", "Guide to Retirement Investment Funds", "Communiqué on Principles...TurkeyCorporate/Commercial LawEryurekli Law Office
ArticleCrowdfunding In Turkey With The Recently Announced Draft CommuniqeCrowdfunding is an alternative type of business funding that matches a large number of investors with the entrepreneurs for the purpose of financing a business, project or venture through an online platform.TurkeyFinance and BankingEryurekli Law Office
ArticleTurkish Corporate Governance Is Moving Away From 'Comply Or Explain' ApproachThe Capital Markets Board of Turkey (the "CMB") has revised corporate governance principles with a view to strengthen governance practices of ISE listed companies by taking into account recent developments in local and international markets.TurkeyCorporate/Commercial LawEryurekli Law Office
ArticleWork Permits for Foreigners in TurkeyThe principles and procedures regarding the issuance and validity of work permits for foreigners in the Republic of Turkey ("Turkey") is regulated in the Law Regarding Work Permits for Foreigners (the "Law No. 4817") published in the Official Gazette dated March 6, 2003 and No. 25040.TurkeyImmigrationEryurekli Law Office
ArticleA Fresh Regulatory Approach To Convertible BondsCapital Markets Board of Turkey (CMB) has issued a new set of rules governing convertible bonds and exchangeable bonds in an attempt to provide alternative funding options for Turkish companies.TurkeyFinance and BankingEryurekli Law Office
ArticleRecent Amendments On Decree No. 32 And The Communique Regarding Decree No. 32Financial leasing transactions in foreign currency in relation to certain machines and tools listed in certain customs tariff statistics positions.TurkeyFinance and BankingEryurekli Law Office
ArticleAmendment On Communiqué On Principles Regarding REPO And Reverse REPO Transactions Of Intermediary Institutions (III-45.2)Certain amendments on repo and reverse repo transactions were adopted with the Communiqué No. III-45.2.a amending the Communiqué No. III-45.2 on Principles Regarding Repo and Reverse Repo TransactionsTurkeyFinance and BankingEryurekli Law Office
ArticleNew Rules For Ban On Foreign Currency ContractsThe Ministry of Treasury and Finance issued the Communiqué numbered 2018- 32/52 on 16 November 2018 that revises certain provisions of the Communique numbered 2018-32/34 on implementation of the ban on foreign currency contractsTurkeyFinance and BankingEryurekli Law Office
ArticleCommuniqués Recently Published By Capital Markets Board On Information Systems Management And Independent Audit Of Information SystemsOn January 5, 2018, Capital Markets Board ("Board") published 2 (two) new communiqués; (i) Communiqué on Information Systems Management numbered VII-128.9 ("Communiqué numbered VII-128.9") and ...TurkeyAccounting and AuditEryurekli Law Office
ArticleA New Financial Model: "The Equity-Based Crowdfunding"Contrary to conventional financing models, funding needs do not only evolve from business ideas of entities or individuals.TurkeyFinance and BankingEryurekli Law Office