World Securities Law Report informs you of developments in the regulation of transactions involving securities around the world. It provides expert analysis and practical guidance, with...
By Muhsin Keskin and Berkay Ozludil
On January 12, 2016, the Capital Markets Board (the “CMB”) introduced new disclosure requirements to its equity offering prospectus format and specified disclosure requirements regarding taxation and material agreements to obtain equivalency from the European Securities and Markets Authority:
The CMB's ongoing harmonization of its capital markets rules with the EU's demonstrate Turkey's efforts to attract international investors and strengthen and deepen its capital markets. The new prospectus rules also reflect the CMB's efforts to prescribe country-specific rules, such as the disclosure requirement for related shareholders.
Muhsin Keskin is a partner at Esin Attorney Partnership, Istanbul, a member firm of Baker & McKenzie International. He can be reached at email@example.com. Berkay Ozludil is an associate at Esin Attorney Partnership, Istanbul, a member firm of Baker & McKenzie International. He can be reached at firstname.lastname@example.org.
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