New Era In Hedge Funds: All Eyes On The Public Disclosure Platform!

The Capital Movements Circular ("Circular") has been amended with the letter of Ministry of Treasury and Finance of Republic of Turkey numbered 940051.

Mersis is an electronic trade registry, which is highly popular and a significant e-portal for attorneys and companies.

Turkey has moved from a largely unregulated crypto market to one of the more tightly supervised regimes in the region. For foreign investors, exchanges, and businesses holding digital assets with a Turkish nexus, understanding the current framework is no longer optional.

This article examines the legal and practical framework for opening and operating a Turkish bank account as a foreign national or foreign-owned business. It distinguishes statutory customer-identification and anti-money-laundering duties from each bank's own customer-acceptance policy. The discussion addresses passports,

The information relating to Turkiye is provided for background purposes only. The information presented herein has been extracted from and is presented on the authority of various public official documents and private publications.

SPK, halka açık olmayan ortaklıkların halka arz başvurularını ilan edilen sıradan bağımsız olarak önceliklendirmek üzere üç alternatif kriter belirledi

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.

On 16 September 2026, the money market funds founded by Pusula Portföy Yönetimi A.Ş. defaulted after failing to meet the cash redemption requests received from investors, triggering a sharp sell off on Borsa Istanbul. The BIST 100 index lost 5.54% that same day and hit a circuit breaker; the selling soon spread to Tera Portföy funds as well. It became apparent that the problem was not confined to those two firms but also extended to Hedef, Atlas, A1 Capital, Pardus and Bulls Portföy.

The Capital Markets Board of Türkiye has introduced comprehensive regulatory reforms affecting hedge funds and portfolio management companies, implementing new investment diversification requirements, graduated ownership caps based on free-float ratios, enhanced capital adequacy standards, and stricter personnel qualifications. These changes, effective from August 2026, establish tiered compliance deadlines and fundamentally reshape the operational framework for Turkish portfolio managers.

Borsa Istanbul’s BIST 100 index came under significant selling pressure over three consecutive trading sessions between 15-17 September 2026. The index closed down 5.54% on 16 September, a move that triggered Borsa Istanbul’s index-linked circuit breaker, and negative momentum continued into the morning of 17 September. The sell-off was primarily triggered by a default at Pusula Portföy Yönetimi A.Ş., a portfolio management company, which failed to meet investor redemption requests from certain funds it manages in a timely manner. A similar liquidity problem emerged at Tera Portföy Yönetimi A.Ş., and this situation put pronounced pressure on the shares of both companies as well as on broader market indices.

The European Union Artificial Intelligence Act ("AI Act") was published in the Official Journal of the European Union ("EU") on July 12, 2024...

The Law on Amendments to the Social Services Law and Certain Other Laws (“Law No. 7578”), published in the Official Gazette dated 1 May 2026 and numbered 33240, has introduced significant...

3095 sayılı Kanuni Faiz ve Temerrüt Faizine İlişkin Kanun ("Kanun") uyarınca taraflar arasında sözleşme ile belirlenmiş bir faiz...

The decision of the Constitutional Court (“Court”), dated 25 December 2025 and numbered E.2025/141, K.2025/274, published in the Official Gazette dated 18 March 2026 and numbered 33200 (“Decision”)...

The Regulation on the Procedures and Principles Regarding the Transfer of Personal Data Abroad ("Regulation") was published in the Official Gazette on 10 July 2024.

1 Mayıs 2026 tarihli ve 33240 sayılı Resmî Gazete’de yayımlanarak yürürlüğe giren 7578 sayılı Sosyal Hizmetler Kanunu ve Bazı Kanunlarda Değişiklik Yapılmasına Dair Kanun...

The Regulation on the Identification and Certification of Technology and Innovation-Based Start-ups ("Regulation"), prepared by the Ministry of Industry and Technology ("Ministry"), entered into force on July 3, 2025.

In accordance with the Law No. 3095 on Lawful Interest and Default Interest ("Law") in instances where no contractual interest rate exists between parties...

The Board Decision ("Decision") dated December 27, 2023 regarding the Turkish Sustainability Reporting Standards determined by the Public Oversight Accounting...

Minimum amounts applicable for listing on various markets are updated by Borsa Istanbul A.Ş. ("BIST") as follows...