Transparency steps in capital markets and the liquidation process for distressed funds

Treasury and Finance Minister Mehmet Şimşek announced that the new regulations implemented to increase transparency in capital markets and strengthen investor confidence, along with efforts to combat crimes, are planned to be completed by the beginning of 2027.

Steps for Transparency and Investor Confidence

Treasury and Finance Minister Mehmet Şimşek announced that new regulations have been implemented to increase transparency in capital markets and strengthen investor confidence.

Fund Guide Entered into Force at the End of August

Within the scope of the Fund Guide that entered into force at the end of August, hedge funds were mandated to disclose their portfolios on a weekly basis.

A rule was introduced requiring announcements to be made when certain shareholding thresholds are exceeded or fallen below for funds traded on TEFAS.

New Limits and Collateral Obligation

While concentration limits were introduced for funds, borrowing transactions were made mandatory to be conducted in a collateralized manner in organized markets.

Liquidation Process of Problematic Funds

Minister Şimşek emphasized that completing the liquidation of problematic funds is among their priorities and reported that work in this area is ongoing.

Legal Regulations Until 2027

It is planned to complete the legal regulations that will strengthen the fight against capital market crimes, including coordinated operations of funds, by the beginning of 2027.

MSCI Developments and Monitoring Process

Global index provider MSCI stated that certain index changes regarding Turkey's stock market have been frozen until a second announcement.

It was stated that the international index provider will monitor this process until June 2027.