14 Jan 2025
The Public Oversight, Accounting and Auditing Standards Authority (“POA”) has significantly amended the scope of application of the Türkiye Sustainability Reporting Standards (“TSRS“). These changes have narrowed the scope of companies (mainly or to some extent) operating within the […]
10 May 2023
1. Fintech Market 1.1 Evolution of the Fintech Market The Turkish fintech market has a significant number of participants of various sizes. Competitiveness notwithstanding, market players tend to co-operate with one another in keeping the marketplace fair. Consumers demand […]
6 Apr 2023
The Capital Markets Board (“CMB“) states that these amendments aim to strengthen the organizational structure and capital of portfolio management companies, which are the managers of mutual funds and pension mutual funds, and to eliminate certain problems encountered in […]
15 Apr 2022
Within the Communiqué on the Procedures and Principles Regarding the Secured Issue of Capital Market Instruments (“Communiqué”), which was published by the Capital Market Board (“Board”), the procedures and principles regarding the collateralized issue of capital market instruments, the […]
24 Sep 2020
Provisional Article 13 regarding restriction of the distribution of profit has been added to the Turkish Commercial Code numbered 6102 (“TCC”) by the Law numbered 7244. The implementation of this article was extended for three more months as of […]
