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ARTICLE · 28 MARCH 2025

New IT Regulations By CMB

The Capital Markets Board of Türkiye (the "CMB") published the Communiqué on Principles and Procedures on Management of Information Systems numbered VII-128.10 (the "Information Systems Communiqué").

TurkeyFinance and Banking

Recent Developments

The Capital Markets Board of Türkiye (the "CMB") published the Communiqué on Principles and Procedures on Management of Information Systems numbered VII-128.10 (the "Information Systems Communiqué") in the Official Gazette, dated March 13, 2025 and numbered 32840.

What's New Under the Information Systems Communiqué?

Pursuant to the Information Systems Communiqué

  • Various terms which were used in the previous regulations but were not fully defined were defined. Accordingly, "information systems" are defined as the software, hardware and communication infrastructure where information is processed, transmitted and stored, as well as the human resources, activities and processes that interact with them.

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