The Capital Markets Board of Türkiye has clarified that its draft guide on investment funds remains under development, denying reports that the work has been completed or that an effective date has been set. The board is considering input from Borsa Istanbul, the Turkish Capital Markets Association, public bodies, private-sector representatives and domestic and foreign investors. If necessary, the implementation process will provide affected parties with sufficient time to comply. The board will announce details simultaneously to all stakeholders after completing the work and advised market participants to rely on its official statements.