Regulations to Combat Capital Market Crimes to be Completed by the Beginning of the Year
Treasury and Finance Minister Mehmet Şimşek stated that new steps will be taken to protect investor rights.
Treasury and Finance Minister Mehmet Şimşek announced that legal regulations to strengthen the fight against capital market crimes are planned to be completed by the beginning of 2027.
Regulatory Schedule
New steps aimed at increasing transparency in capital markets, liquidating problematic funds, and protecting investor rights are on the agenda. In a statement on his social media account, Treasury and Finance Minister Mehmet Şimşek announced that legal regulations to strengthen the fight against capital market crimes, including coordinated transactions of funds, are planned to be completed by the beginning of 2027.
SPK Steps
It was noted that information flow has been strengthened and ultimate beneficial ownership has become more transparent through the regulations of the Capital Markets Board (SPK). Minister Şimşek drew particular attention to the innovations introduced with the Fund Guide announced at the end of August.
Fund Innovations
It was reported that free funds are now required to disclose their portfolios on a weekly basis. Additionally, it was stated that exceeding or falling below certain shareholding thresholds in funds traded on TEFAS has begun to be disclosed.
Limits and Obligations
It was stated that concentration limits have been imposed on funds, and it has been made mandatory for borrowing transactions to be conducted in organized markets and with collateral.
Investor Protection
It was stated that their priority is to complete the liquidation of problematic funds and protect the rights of investors. Minister Şimşek expressed that sanctions will be applied decisively against those who disrupt the fair and competitive functioning of the markets.