As announced by Board on 23/03/2020, in order to minimize the
adverse effects of the COVID-19 pandemic on the financial markets
of our country, it was permitted under the second article of the
Board
Turkey
Finance and Banking
To print this article, all you need is to be registered or login on Mondaq.com.
Issuances Approved by the Capital Markets Board of
Türki̇ye – December 2024
- Announcement Pursuant to the Board Decision No. 66/2035
and dated 26/12/2024
As announced by Board on 23/03/2020, in order to minimize the
adverse effects of the COVID-19 pandemic on the financial markets
of our country, it was permitted under the second article of the
Board Decision that communications through mobile applications
(e.g., WhatsApp) on the mobile phones of employees with remote
access in investment firms and/or personal email addresses assigned
to personnel could be used to accept orders until further notice,
effective from the date of the Board decision. Considering current
market conditions, the aforementioned provision under Article 2 of
the Board Decision dated 19/03/2020 has been repealed as of the
first business day following the date of this decision.
- Announcement Pursuant to the Board Decision No. 62/1863
and dated 05/12/2024
1) Pursuant to the Board’s decision dated 06/02/2023, the
short-selling ban imposed on equity markets within Borsa Istanbul
has been lifted, effective from 02/01/2025, limited to the equity
markets included in the BIST 50 Index as announced by Borsa
Istanbul.
2) In transactions executed in the equity markets where the
short-selling ban has been lifted, it has been decided to inform
investors and investment institutions that pressing the
“short-selling” button is mandatory for positions sold
without prior ownership and closed on the same day, in accordance
with Articles 24 and 28 of the Board’s Communiqué on
Margin Trading, Short Selling, and Lending and Borrowing
Transactions (Serial: V, No: 65).
- Announcement Pursuant to the Board Decision No. 66/2058
and dated 26/12/2024
The amounts subject to revaluation under the Capital Markets Law
No. 6362, as well as the regulations, communiqués, and other
subordinate legislation issued pursuant to this Law, along with
those issued under the repealed Capital Markets Law No. 2499 that
remain in force, have been published for the year 2025.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
