Turkey’s Capital Markets Board imposed two-year trading bans linked to manipulation investigations involving three listed stocks on 16 September. The board's weekly bulletin covered Katılımevim Tasarruf Finansman, Gündoğdu Gıda Süt Ürünleri and Destek Finans Faktoring. Pusula Portföy was also included in the measure concerning Katılımevim. The restrictions followed allegations of conduct in the affected shares, not completed criminal convictions.
Reuters reported that the regulator filed criminal complaints against 38 people. The measures were published in the board’s bulletin 2026/59.
BANS COVERED THREE LISTED COMPANIES
The two-year bans on the 37 people named in the Katılımevim case and on Pusula Portföy are limited to Katılımevim shares, while the people named over Gündoğdu Gıda and Destek Finans Faktoring received two-year bans on trading on the exchanges.
The criminal complaints were filed with the Chief Public Prosecutor’s Office.
LICENCES CANCELLED
The board also cancelled the capital-markets licences of those named over Gündoğdu Gıda and Destek Finans Faktoring, and of ten people in the Katılımevim case, for the duration of the bans. Twelve people who had previously received six-month trading bans will have that time deducted from the two-year term.
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