Turkey's SPK updates Investment Funds Guide with stricter borrowing and related-party rules

On 28 August 2026, Turkey's Capital Markets Board (SPK) updated its Investment Funds Guide, introducing stricter limits on fund borrowing and related-party transactions, requiring SPK approval and forms for share transfers, and mandating that funds with approved prospectuses begin sales within 60 days or face liquidation. Multiple independent analysts confirmed the changes were more severe than expected and aimed at reducing systemic borrowing risk in the fund market.

Detected & updated continuously · Source: Nebula

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