23
Mar

Flexibilities Introduced for Buy-Backs

The CMB Bulletin dated 19.03.2025, introducing Principle Decision No. i-SPK.22.9, has significantly revamped the regulations surrounding share buybacks, offering publicly traded companies more flexibility in adapting to market conditions. Below is a summary of the key changes: 1. Share Buyback Program with Board Resolution 2. More Flexible Buyback Limits 3.…
14
Mar

Regulatory Developments for Crypto Asset Service Providers in Türkiye

Regarding crypto assets, secondary legislation was expected for some time, to regulate in detail particularly licensing, application processes, requirements for executives and employees, and corporate structure. As of March 13, 2025, the following secondary legislation have been published in the Official Gazette: 1. Communiqué on the Establishment and Operational Principles…