Capital markets enter new era with early warning system and heavy fines

Published 5 Oct, 10:18 Updated 5 Oct, 17:26 Photo: Cumhuriyet

Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe 8 Oct, 22:38

After the fund crisis, a change to the Capital Markets Law is planned. The draft of about 30 articles envisages an early warning and automatic action system.

The draft rests on three pillars: investor protection, early intervention by the Capital Markets Board (SPK), and liability and deterrent sanctions. Article 96 of the current law gives the SPK powers to restrict activity, suspend it temporarily and revoke authorization.

Capital markets enter new era with early warning system and heavy fines

Fund Investigation News Series

Where it began 16 Sept 2026 Tera Portföy declares default in two funds, payment periods extended in six funds

8 Oct 2026 22:38 İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.
8 Oct 2026 20:40 Fund crisis inquiry motions rejected by AK Party and MHP votes Yeni Yol, CHP, İYİ Party and DEM Party's Turkish Grand National Assembly (TBMM) inquiry motions on the fund crisis were rejected by votes from AK Party and MHP lawmakers.
8 Oct 2026 16:40 10-article bill on liquidation of 131 funds due in Turkish parliament next week A 10-article interim bill for the 131 funds placed under liquidation is planned to go to the Turkish Grand National Assembly (TBMM) next week. The funds total about 1 trillion lira (TL).
8 Oct 2026 16:40 YENİ Party's Ümit Özlale names two ministers in fund crisis YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.
5 Oct 2026 10:18 Capital markets enter new era with early warning system and heavy fines After the fund crisis, a change to the Capital Markets Law is planned. The draft of about 30 articles envisages an early warning and automatic action system.