Decrease of monetary thresholds for IPOs for Certain Sectors

Due to the difficulties for certain sectors to reach the increased financial thresholds while considering an initial public offering (IPO), on 28.03.2024, the Capital Markets Board (Board) has announced a principle decision regarding the decrease of the monetary thresholds, which was increased at the end of 2023 for certain companies operating in the

Crypto Legislation

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Turkey is in the final round for its new crypto legislation. The Proposed Law Amending the Capital Markets Law numbered 6362 (the “Crypto Proposal”), which is expected to enter into force very shortly, defines crypto asset service providers

COMMUNIQUÉ ON THE PRINCIPLES REGARDING THE COMPANIES THE SHARES OF WHICH WILL BE TRADED ON THE VENTURE CAPITAL MARKET IS PUBLISHED

COMMUNIQUÉ ON THE PRINCIPLES REGARDING THE COMPANIES THE SHARES OF WHICH WILL BE TRADED ON THE VENTURE CAPITAL MARKET IS PUBLISHED

PAYLARI GİRİŞİM SERMAYESİ PAZARINDA İŞLEM GÖRECEK ORTAKLIKLARA İLİŞKİN ESASLAR TEBLİĞİ YAYIMLANDI

PAYLARI GİRİŞİM SERMAYESİ PAZARINDA İŞLEM GÖRECEK ORTAKLIKLARA İLİŞKİN ESASLAR TEBLİĞİ YAYIMLANDI

Guidelines on Green Financing are Published by the Capital Markets Board

The Capital Markets Board (the “CMB”) published the Guidelines on Green and Sustainable Debt Instruments and Lease Certificates on 24 February 2022 through the its principle decision numbered i-SPK 128.18..

Template Report re Sustainability Principles Compliance is published.

Sustainability Principles Compliance Framework (the “Sustainability Principles”) published by the Capital Markets Board (the “CMB”) to set out the main principles of the sustainability works of public companies and encourage..

Recent Amendments in the Communiqué re Asset and Mortgage Backed Securities

The Communiqué No:III-58.1.c amending the Communiqué on Asset and Mortgage Backed Securities No: III-58.1 (the “Communiqué) issued by the Capital Markets Board (the “Board”) entered into force on 16 October 2021 through its publication in the Official Gazette.

Recent Developments in Tender Offers

The Communiqué Amending the Communiqué on Tender Offers No. II-26.1 (II-26.1.ç) (“New Communiqué”), the draft of which was published by the Capital Markets Board (the “Board”) on 1 February 2021 on its official website, entered into force on 16 October 2021 through publication in the Official Gazette.

COMMUNIQUÉ ON PROJECT BASED SECURITIES HAS BEEN PUBLISHED

The Communiqué regulating the principles applicable to the project based securities, their issuance and the incorporation and activities of the project finance funds has been published.

Mandatory Tenders Offers

On 1 February 2021, the Capital Market Board made an announcement with respect to the proposed amendments to the Communiqué on Tender Offers No. II-26.1 (“Communiqué No. II-26.1”) and published the draft of the Communiqué Regarding the Amendments to the Communiqué on Tender Offers No. II-26.1 (“Draft Amendment to the Communiqué No. II-26.1”) on its official website.