16.10.2026 12:40
Minister of Treasury and Finance Mehmet Şimşek shared the details of the Fund Guide that came into effect at the end of August. With the guide, it became mandatory for free funds to disclose their portfolios weekly, to introduce concentration limits for funds, and to make borrowing transactions collateralized. Stating that legal regulations aimed at combating capital market crimes are planned to be completed by the beginning of 2027, Şimşek said that the priority is the liquidation of troubled funds.
Minister of Treasury and Finance Mehmet Şimşek announced the latest regulations regarding capital markets from his social media account. Şimşek also announced new steps regarding funds as well as the timetable for legal regulation concerning capital market crimes.
“ULTIMATE SHAREHOLDING HAS BECOME MORE TRANSPARENT”
In his post on X on October 16, Minister Şimşek stated that information flow has been strengthened by the regulations of the Capital Markets Board (CMB) and that “ultimate shareholding has become more transparent.” Noting that the assessments of international index providers were also taken into account in the regulations, Şimşek described them as “important regulations that increase transparency in capital markets and strengthen investor confidence.”
REGULATIONS INTRODUCED WITH THE FUND GUIDE
According to Şimşek’s post, with the Fund Guide announced and entered into force at the end of August, free funds became obliged to disclose their portfolios weekly. A rule was introduced requiring announcements when certain shareholding thresholds are exceeded or fallen below in funds traded on the Turkey Electronic Fund Purchase and Sale Platform (TEFAS). The Guide also introduced concentration limits for funds, and borrowing transactions were made mandatory to be conducted in organized markets and on a collateralized basis.
LAW ON CAPITAL MARKET CRIMES IN 2027
Announcing that a new legal regulation is being prepared to combat capital market crimes, including coordinated transactions of funds, Şimşek said, “We plan to complete the legal regulations that will strengthen the fight against capital market crimes by the beginning of 2027.”
“SANCTIONS WILL BE APPLIED RESOLUTELY”
Touching also on the process regarding distressed funds, Şimşek said, “Our priority is to complete the liquidation of distressed funds and protect investors’ rights. Sanctions will be applied resolutely against those who disrupt the fair and competitive functioning of markets.”
“ADDITIONAL STEPS WILL BE TAKEN WITHOUT DELAY”
Stating that the results of the regulations will be monitored, Şimşek said, “the necessary additional steps will be taken without delay in consultation with all our stakeholders.” Şimşek said, “Our aim is to create a transparent, reliable and effective capital market in which investor rights are protected.”
Minister Şimşek’s statement is as follows:
“Important regulations that increase transparency in capital markets and strengthen investor confidence are being made by the relevant institutions.
Taking into account the assessments of international index providers, information flow has been strengthened by the regulations of the Capital Markets Board, and ultimate shareholding has become more transparent.
With the Fund Guide announced at the end of August, free funds were required to disclose their portfolios weekly, and in funds traded on TEFAS, it was ensured that exceeding or falling below certain shareholding thresholds is announced. Concentration limits were introduced for funds. Borrowing transactions were made mandatory to be conducted in organized markets and on a collateralized basis.
By closely monitoring the results of the regulations, the necessary additional steps will be taken without delay in consultation with all our stakeholders.
Our priority is to complete the liquidation of distressed funds and protect investors’ rights. Sanctions will be applied resolutely against those who disrupt the fair and competitive functioning of markets.
We plan to complete the legal regulations that will strengthen the fight against capital market crimes, including coordinated transactions of funds, by the beginning of 2027.
Our aim is to create a transparent, reliable and effective capital market in which investor rights are protected.”