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ARTICLE · 14 DECEMBER 2021

Financial Crime Of Manipulation

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Crime of manipulation, regulated in the Capital Market Law No. 6362, is among the financial crimes.

TurkeyFinance and Banking
Engin Berkay Uzun
Engin Berkay Uzun
İrem Ezgi Çavuşoğlu
İrem Ezgi Çavuşoğlu
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Crime of manipulation, regulated in the Capital Market Law No. 6362, is among the financial crimes. The legislator has sentenced the crime of manipulation to protect individual and institutional investors from market manipulations. Thus, deterrent and effective enforcement mechanisms were envisaged to ensure transparency and trust in the capital markets.

Capital Market

The capital market is a system in which financial intermediaries transfer the savers' funds to those who request funds. Fund demanders and fund suppliers establish relations through capital market institutions. The crime of manipulation regulated in Article 107 of Law No. 6362 primarily regulates the abuse of capital market instruments. A general definition of capital market instruments is regulated in Article 3 of the Capital Market Law as; "other capital market instruments determined by the Board to be within this scope, including securities and derivative instruments and investment contracts."

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