ARTICLE
16 February 2023

Recent Developments In Turkish Capital Markets – January 2023

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Gen Temizer

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Gen Temizer is a leading independent Turkish law firm located in Istanbul's financial centre. The Firm has an excellent track record of handling cross-border matters for clients and covers the full bandwidth of most complex transactions and litigation with its cross-departmental, multi-disciplinary and diverse team of over 30 lawyers. The Firm is deeply rooted in the local market with over 80 years of combined experience of the name partners while providing the highest global standards of legal services.
Certain rules and requirements for the initial public offerings of non-public companies have been determined by the principal decision issued by the Board. Changes to the determination...
Turkey Corporate/Commercial Law

01 Principal Decision on IPOs by the Turkish Capital Markets Board

Certain rules and requirements for the initial public offerings of non-public companies have been determined by the principal decision issued by the Board. Changes to the determination of institutional investors and an increase of the threshold for the sale method in initial public offerings are among the highlights of the decision. You can find our article for detailed information on this decision here.

02 New Monetary Thresholds for Public Offerings

With the decision numbered 77/1900 (published in the bulletin numbered 2022/74 dated 30 December 2022), the threshold amounts regulated in Turkish capital market legislation has been re-evaluated for the year 2023. Some of these new thresholds include the conditions that companies must meet for initial public offerings. You can find our article for detailed information here.

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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.

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