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ARTICLE · 09 NOVEMBER 2020

Changes In Turkish Capital Markets Legislation - Q3 2020

Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership
Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership
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Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership

Balcioglu Selçuk Eymirlioglu Ardiyok Keki Attorney Partnership

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership (BASEAK) is an Istanbul-based...

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We summarised the important regulatory changes affecting Turkish capital markets in Q3 2020 for you.

TurkeyFinance and Banking
Müfit Arapoğlu
Müfit Arapoğlu
Cenk Yılgör
Cenk Yılgör
Sena Mutlu
Sena Mutlu
Ramiz Arslan
Ramiz Arslan
Erkin Tuzcular
Erkin Tuzcular
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We summarised the important regulatory changes affecting Turkish capital markets in Q3 2020 for you.

Amendments in July

  • The revenues obtained from valuation services outsourced from third parties may not exceed 25% of a real estate valuation institution's total revenue in a calendar year as per the amendments to the Communique on Real Estate Valuation Institutions.
  • The Communique on Licensing and Registration Requirements for Professionals Engaging in Capital Markets Activities is amended to include, among others, changes in obtaining accreditation in Turkey for foreign capital markets license holders.
  • Capital Markets Board announced an important principle decision regarding the Communique on Squeeze Out and Exit Rights (II-27.2).

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