CMB Imposes Sanctions on Altınkılıç Gıda and Anel Elektrik Shares

The Capital Markets Board (CMB), in its bulletin dated October 22, 2026, adopted decisions for criminal complaints and transaction bans regarding numerous individuals due to transactions in the Altınkılıç Gıda and Anel Elektrik share markets. While sources differed on the number of individuals involved in the decisions, a 15-day period was granted for effective remorse provisions.

The Capital Markets Board (CMB) announced sanctions regarding transactions in the share markets of Altınkılıç Gıda ve Süt Sanayi Ticaret AŞ (ALKLC) and Anel Elektrik Proje Taahhüt ve Ticaret AŞ (ANELE) in its bulletin dated October 22, 2026, numbered 2026/73. Within the framework of Article 107/1 of Capital Markets Law No. 6362, it was decided to file criminal complaints against 8 individuals in the Altınkılıç Gıda share market. News sources reported varying data regarding the number of criminal complaints and license cancellations in the Anel Elektrik share market; some sources indicated 46 individuals and numerous license cancellations for Anel Elektrik, while other sources reported that criminal complaints were filed against 48 individuals and all licenses of 28 individuals were cancelled.

Institutions subjected to transaction bans included Tera Portföy Yönetimi AŞ, Tera Yatırım Menkul Değerler AŞ, Tera Yatırım Bankası AŞ, Tera Yatırım Holding AŞ, and Century City Securities SA. On the other hand, it was stated that individuals against whom criminal complaint decisions were made could be granted facilitation in the legal process if they deposit the determined amount—which shall not be less than twice the benefit and 500 thousand TL—into the account of the Ministry of Treasury and Finance within 15 days by benefiting from effective remorse provisions.