Capital Markets Board Denies Claims Regarding Foreign Investors
The CMB announced that claims suggesting foreign financial institutions obtained exorbitant profits and completely closed their positions do not reflect the truth.
The Capital Markets Board (CMB) stated that allegations claiming foreign financial institutions made exorbitant profits from markets in Turkey and completely disposed of their assets do not reflect the truth.
The Capital Markets Board (CMB) made a written statement regarding recent claims in some media outlets and social media platforms concerning the activities of foreign financial institutions. The statement indicated that allegations of foreign institutions obtaining exorbitant profits, exiting the market after high profits to completely close their existing positions, and fully liquidating certain assets were found not to reflect the truth.
It was emphasized that the regulatory processes carried out by the Board are conducted with principles of transparency and predictability by taking the opinions of stakeholders. Additionally, it was stated that draft and final regulations are shared with the public simultaneously, without discrimination between domestic and foreign investors.
Sources
- m.haber7.com · Link