The First Issue Of The Bener IT & Fintech Series

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

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

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.

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.

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.

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 ("CMB"), by its decision dated 6 February 2023, had prohibited short-selling transactions in the equity markets of Borsa İstanbul A.Ş. ("BIST").

The analysis argues that opening an account is only the administrative beginning of the investment relationship. The investor should understand the product, intermediary, authority, evidence and remedies before transferring funds or delegating control over trading decisions.

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,

Permanent residency is often the ultimate goal for foreign nationals who have established their lives in Türkiye. In recent years, obtaining and renewing certain categories of short-term residence permits has become significantly more difficult.

New regulations have been introduced in relation to joint-stock companies with bearer shares according to the Law on Prevention of Proliferation of Weapons of Mass Destruction numbered 7262.

Families in Turkey often look to hire foreign nannies or caregivers due to a shortage of local workers willing to take on full-time in-home roles.

The Act on Corporate Due Diligence Obligations for the Prevention of Human Rights Violations in Supply Chains (in German: Lieferkettensorgfaltsgesetz) ("Act")...

Turkey has introduced new regulations requiring employers using hybrid work arrangements to explicitly document remote and in-office schedules in employment contracts. The amendment to the Regulation on Remote Working mandates that specific working days and hours for both workplace and remote locations must be clearly outlined in written agreements. Employers currently operating hybrid models are advised to review and update their employment contracts to ensure compliance with these new requirements.

On April 2, 2026, the Regulation on the Procedures and Principles of Occupational Health and Safety Training for Employees (the “Regulation”) was published and entered into force.

The Law on the Amendment of Certain Laws and Statutory Decrees was published in the Official Gazette dated on 28 July 2021, numbered 31551 and entered into force.

The Communiqué Series II, number 15.1 on Disclosure of Material Events issued by the Capital Markets Board of Turkey sets forth the principles of disclosure requirements in Turkish Public companies.

The Regulation on Administrative Fines to Be Imposed in Cases of Restricestrictive Agreements, Concerted Practices, and Decisions, and Abuse of Dominant Position ("Regulation"), published in the Official Gazette dated December 27, 2024, and numbered 32765.

Turkey's Capital Markets Board has introduced new disclosure thresholds and free-float calculation methodologies that will fundamentally reshape transparency requirements for publicly traded companies. The regulatory changes lower material event disclosure thresholds from 5% to 3% and establish comprehensive daily monitoring of shareholding structures through the Central Securities Depository.