Turkey Plans Capital-Market Crime Rules by Early 2027
Finance Minister Mehmet Şimşek said planned legislation will target capital-market offenses, including coordinated trading by funds, while authorities monitor recent rules.
Key takeaways
- Turkey plans to complete legislation against capital-market offenses by early 2027.
- Recent rules require weekly portfolio disclosures from free funds and collateralized borrowing on organized markets.
Turkey plans to complete legislation strengthening the fight against capital-market offenses by early 2027, Finance Minister Mehmet Şimşek said. The planned rules will include measures against coordinated trading by funds.
Şimşek said authorities would monitor the results of recent regulations and take further steps if needed. He said completing the liquidation of troubled funds and protecting investors’ rights are priorities.
Recent measures include weekly portfolio disclosures by free funds and announcements when ownership thresholds are crossed in funds traded on TEFAS. Funds also face concentration limits, while borrowing must take place on organized markets and be collateralized.
Şimşek said the regulations aim to improve transparency and investor confidence in capital markets.
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