New Capital Requirements for Investment Funds from the Capital Markets Board
Initial capital requirements for portfolio management companies have been updated with new guide amendments prepared by the CMB.
The Capital Markets Board has revised its investment guide to redetermine the capital amounts for portfolio management companies.
Changes Made to the Investment Funds Guide
Significant changes have been made to the guide prepared by the Capital Markets Board regarding investment funds.
New Initial Capital Amounts Established
The initial capital for broadly authorized portfolio management companies has been raised to 500 million liras.
For portfolio management companies with limited activities, the initial capital has been determined as 250 million liras.
2027 Validity Conditions and Communiqué Principles
The determined initial and minimum paid-up capital amounts will be implemented effective from 2027.
New Regulations Regarding Share Sales
Within the framework of the provisions of the Share Communiqué, ratios and rules regarding share sales to be executed off-exchange have also been renewed.