Worldwide: Finance and Banking

Increase in Monetary Threshold of Initial Public Offerings 2024 for Turkey is newly declared by Capital Markets Board of Turkey (Hereinafter as the Board).

The Central Bank of the Republic of Türkiye ("CBRT") amended the Communiqué No. 2020/4 on Procedures and Principles Regarding the Fees that Banks Can Charge Commercial...

Türkiye Cumhuriyet Merkez Bankası ("TCMB"), 10 Şubat 2020 tarih ve 31035 sayılı Resmi Gazete'de yayımlanan 2020/4 sayılı Bankalarca Ticari Müşterilerden Alınabilecek Ücretlere İlişkin...

This legal guide examines the establishment, priority ranking, and enforcement procedures of ship mortgages under Turkish maritime law. The analysis covers the registration requirements, creditor hierarchy, and judicial execution mechanisms that govern secured financing for vessels.

This article examines the legal mechanism of precautionary attachment in Turkish enforcement law, focusing on a critical exception that allows creditors to seek precautionary attachment...

İpotek, bir borç ilişkisinde borçlu tarafından borcun ifa edilmemesi ihtimalinde alacaklıya taşınmaz malın değeri üzerinden alacağını tahsil etme imkânı tanıyan önemli ve uygulamada sıklıkla karşılaşılan taşınmaz rehnine dayanan bir teminat türüdür.

Turkey's Capital Markets Board has introduced new priority criteria for initial public offering applications, allowing certain companies to bypass standard application queues. Companies meeting specific requirements related to regional presence, government ownership, or substantial market value can now request expedited processing of their IPO applications.

Turkey's Capital Markets Board has introduced significant changes to block trade regulations and IPO prioritization procedures. New thresholds now apply to share transfers based on free float ratios, while certain companies can fast-track their public offering applications through specific qualifying criteria.

The Capital Markets Board of Türkiye has introduced significant regulatory changes affecting share transfers in listed companies and the prioritisation of initial public offering applications. New thresholds now govern block trades based on free float ratios, while certain strategic companies may receive expedited IPO review under specific criteria. These measures aim to enhance market transparency, protect investors, and facilitate large-scale international offerings.

Sermaye Piyasası Kurulu (“SPK” veya “Kurul”), i-SPK.15.2 (03.09.2026 tarih ve 54/1614 sayılı) sayılı İlke Kararı (“İlke Kararı”) ile, II-15.1 sayılı Özel Durumlar Tebliği (“Tebliğ”) kapsamındaki pay sahipliği açıklama eşiğinin alt sınırını %3’e indirdi. İlke Kararı, 11.09.2026 gün sonundan itibaren uygulanacak.

The Capital Markets Board of Türkiye (“CMB” or the “Board”), through its principle decision No. i-SPK.15.2 (dated 03.09.2026 and numbered 54/1614) (“Resolution”), has lowered to 3% the minimum shareholding disclosure threshold under the Material Events Disclosure Commu-niqué No. II-15.1 (“Communiqué”). The Reso-lution will apply as from the end of the day on 11.09.2026.

The Communiqué Amending the Communiqué on Information Systems of Payment and Electronic Money Institutions and Data Sharing Services of Payment Service Providers in the Field of Payment Services (the “Amending Communiqué”), published in the Official Gazette dated 04.09.2026 and numbered 33360, introduced significant amendments to remote identification processes.