Message of Structural Reform and Transparency from Economic Management Following MSCI Decision

Following the global index provider MSCI's decision to temporarily freeze certain index changes for Turkish equities, messages of transparency, structural reforms, and legal regulations came from the economic management.

Global index provider MSCI announced that it has decided to temporarily freeze certain index changes for Turkish equities. Following this development, important statements were made by the economic management.

Vice President Cevdet Yılmaz stated in a social media post that the structure of the capital markets is being strengthened and preparations for a legislative proposal envisaging structural improvements are ongoing. Minister of Treasury and Finance Mehmet Şimşek emphasized that regulations increasing transparency in capital markets and strengthening investor confidence are being made, noting that they plan to complete legal regulations by the beginning of 2027 to strengthen the fight against capital market crimes, including coordinated transactions of funds.

MSCI reported that if sufficient progress in regulation and supervision is not achieved by June 2027, Turkey's transition from the 'Emerging Market' status to 'Frontier Market' or 'Standalone Market' status may be evaluated.