This Communique covers the principles regarding the establishment of investment fund, their activity principles and rules, the issuance of fund units and their sales to qualified investors, the issue document, the process of disclosure, the liquidation and termination of real estate investment funds.
The purpose of this Law is to regulate and supervise capital markets so as to ensure that capital markets are operated and developed in a reliable, transparent, efficient, stabilized, fair and competitive atmosphere and so as to protect the rights and interests of investors.
With the aim of protecting the value of Turkish Currency, this Decree determines and sets forth the regulatory and restrictive principles regarding the determination of the value of Turkish currency against foreign currencies, all transactions related to foreign exchange and instruments denominated in foreign exchange (including securities and other capital market instruments) as well as the use and management of foreign exchange, the importation and exportation of Turkish currency and instruments denominated in Turkish currency (including securities and other capital market instruments)...
The objective of this Law is to regulate the principles to encourage foreign direct investments; to protect the rights of foreign investors; to define investment and investor in line with international standards; to establish a notification-based system for foreign direct investments rather than screening and approval; and to increase foreign direct investments through established policies. This Law establishes the treatment to be applied to foreign direct investments.