Turkey: Commodities/Derivatives/Stock Exchanges

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Article
Sermaye Piyasası Kurulu İlke Kararı İle Pay Ve Oy Hakkı Değişikliklerine İlişkin Açıklama Eşiği %3’e İndirilmiştir.
Turkey's Capital Markets Board has lowered the disclosure threshold for shareholding changes in publicly traded companies from 5% to 3%, effective September 11, 2026. This regulatory update requires earlier public disclosure of ownership structure changes and introduces new transparency requirements for both direct and indirect shareholdings through the Central Registry Agency.
Turkey Finance
N
Nazali
Article
Shareholding Disclosures And The Calculation Of Shares In Actual Circulation In Publicly Traded Companies Have Been Revised
The Principle Decisions dated 03.09.2026 and numbered i-SPK.15.2 and i-SPK.81.1 (the “Principle Decisions”), published in the Capital Markets Board Bulletin dated 08.09.2026 and numbered 2026/57, have revised the minimum threshold for material event disclosures regarding changes in shareholdings and voting rights in companies whose shares are traded on the stock exchange, as well as the concept of shares in actual circulation and the principles governing their calculation.
Turkey Commercial
OA
Ozbilen Aykut Attorney Partnership
Article
Halka Açık Şirketlerde Pay Sahipliği Açıklamaları Ve Fiili Dolaşımdaki Pay Hesabı Yeniden Düzenlendi
08.09.2026 tarihli ve 2026/57 sayılı Sermaye Piyasası Kurulu Bülteni’nde yayımlanan 03.09.2026 tarihli i-SPK.15.2 ve i-SPK.81.1 sayılı İlke Kararları (“İlke Kararları”) ile payları borsada işlem gören şirketlerde pay ve oy hakkı değişikliklerine ilişkin özel durum açıklamalarının alt sınırı ile fiili dolaşımdaki pay kavramı ve hesaplama esasları yeniden düzenlenmiştir.
Turkey Commercial
OA
Ozbilen Aykut Attorney Partnership
Article
Capital Markets Law Bulletin / Issue 2026-1
This bulletin examines six key decisions and regulatory measures adopted by the Capital Markets Board of Türkiye during the first half of 2026, spanning emergency market interventions following geopolitical crises, electronic ledger system reforms, investor classification updates, crypto asset transition timelines, free float ratio calculations, and restrictions on banks' overseas trading activities. These measures collectively demonstrate how the regulator is leveraging the capital markets framework t
Turkey Finance
P
Paksoy
Article
Sınır Ötesi Hızlandırılmış Talep Toplama İşlemlerinin Hukuki Yapısı
Accelerated bookbuilds enable rapid equity sales across multiple jurisdictions, but executing them requires simultaneous compliance with Turkish disclosure rules, UK/EU market abuse regimes, and US private placement frameworks. This article examines how legal teams navigate prospectus exemptions, wall-crossing procedures, and settlement mechanics when a single overnight transaction must satisfy three distinct regulatory systems without leaving gaps in investor protection or operational execution.
Turkey Finance
KL
Kabine Law Office
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