The Capital Markets Board of Türkiye published a statement disputing a newspaper allegation that it failed to act on 130 warnings from Borsa İstanbul about suspicious funds since 2025. It said the reported number of fund-related information notes was inaccurate and that it assesses all exchange notifications, including information notes sent by email, as part of its supervision and enforcement work. Following its inspections, the board imposed administrative fines totaling TRY 2.741 billion in 2025 and TRY 948 million in the first nine months of 2026. It filed criminal complaints against 152 people in 2025 and 174 people since the start of 2026, including 96 complaints related to fund transactions.
Capital Markets Board of Türkiye rejects claim it ignored 130 Borsa İstanbul warnings on suspicious funds
The Capital Markets Board of Türkiye rejected a claim that it ignored 130 Borsa İstanbul warnings about suspicious funds, saying the reported number was inaccurate and all notifications are assessed. The board imposed TRY 948 million in administrative fines in the first nine months of 2026 and filed criminal complaints against 174 people, including 96 over fund-related transactions.