This legal alert aims to set forth the amendment of Capital Markets Board of Turkey (“CMB”) dated October 20, 2017 on the Communiqué on Principles Regarding Investment Services, Activities and Ancillary Services numbered III-37.1.
This Legal Alert aims to set out the new role of Takasbank as a securities settlement system operator in accordance with the recent Resolution of Central Bank of the Republic of Turkey published in the Official Gazette on 18 October 2017.
This Briefing Note seeks to set forth the operation of custody system in Turkey by putting the lens on categories of custody service, licensing requirements, segregation of accounts principle, books and records and local securities depository institutions in accordance with applicable legislation in Turkey.
This legal alert aims to set forth the Announcement of Istanbul Stock Exchange (‘Borsa Istanbul’) on Volatility Based Measures System concerning the stocks being traded in the Equity Market.
This briefing note lays out the methods for foreign financial institutions on how to enter into Turkish capital market by staying within its legal boundaries.