AK Party Department of Economic Affairs Shares Information on SPK Duties and Powers

The AK Party Department of Economic Affairs shared comprehensive information regarding the duties and powers of the Capital Markets Board (CMB). The statement emphasized the administrative and financial autonomy of the board.

Institutional Structure

It was publicly announced that the Capital Markets Board possesses administrative and financial autonomy. The regulatory and supervisory nature of the institution was particularly highlighted in the official post.

It is aimed to support the generation of resources for economic growth by channeling savings into securities.

Core Duties

Ensuring that capital markets operate in an environment of confidence, transparency, and stability is among the primary objectives of the board. Various measures are taken to protect the rights and interests of investors.

Processes for preparing and enacting fundamental rules for financial instruments and institutions operating in the market are carried out.

Supervision and Sanctions

Administrative fines can be imposed on individuals and institutions acting contrary to the rules. Furthermore, authorities such as suspending activities or revoking licenses are also available.

Situations suspected of manipulation and insider trading are reported to the Chief Public Prosecutor's Office.