Turkey: Capital Adequacy/BASEL

Subscribe
Finance law and banking law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital adequacy, BASEL, acquisition finance, debt capital markets, fund finance, islamic finance, securitization and structured finance.
Article
Sermaye Piyasalarında Likidite Tedbirleri ve Fon Tasfiye Sürecine İlişkin Gelişmeler
16.09.2026 tarihinde, Pusula Portföy Yönetimi A.Ş.’nin kurucusu olduğu para piyasası fonlarının yatırımcılardan gelen nakit iade taleplerini karşılayamayarak temerrüde düşmesi, Borsa İstanbul’da sert bir satış dalgasını tetiklemiştir. BIST 100 endeksi aynı gün %5,54 değer kaybederek devre kesici uygulamasına konu olmuş, satış dalgası kısa sürede Tera Portföy fonlarında da görülmüş; sorunun yalnızca iki kurumla sınırlı kalmayıp Hedef, Atlas, A1 Capital, Pardus ve Bulls Portföy’ü de kapsadığı anlaşılmıştır.
Turkey Finance
GT
Gen Temizer
Article
Developments Concerning Liquidity Measures In The Capital Markets And The Fund Liquidation Process
On 16 September 2026, the money market funds founded by Pusula Portföy Yönetimi A.Ş. defaulted after failing to meet the cash redemption requests received from investors, triggering a sharp sell off on Borsa Istanbul. The BIST 100 index lost 5.54% that same day and hit a circuit breaker; the selling soon spread to Tera Portföy funds as well. It became apparent that the problem was not confined to those two firms but also extended to Hedef, Atlas, A1 Capital, Pardus and Bulls Portföy.
Turkey Finance
GT
Gen Temizer
Article
Sweeping Changes Announced For Turkish Portfolio Management Companies
The Capital Markets Board of Türkiye has introduced comprehensive regulatory reforms affecting hedge funds and portfolio management companies, implementing new investment diversification requirements, graduated ownership caps based on free-float ratios, enhanced capital adequacy standards, and stricter personnel qualifications. These changes, effective from August 2026, establish tiered compliance deadlines and fundamentally reshape the operational framework for Turkish portfolio managers.
Turkey Finance
KST LAW
See more