Capital Markets Consultancy

Capital markets consultancy?is essential for any investor looking to navigate Turkey’s complex financial landscape. This service provides guidance on the capital markets, including stocks, bonds, and other financial instruments, focusing on the Turkish context. Here's a comprehensive overview of capital markets consultancy in Turkey and its significance.

What is Capital Markets Consultancy?

Capital markets consultancy involves advisory services tailored to help investors comply with Turkey’s legal framework, including regulations for securities, bonds, and public offerings. These services align with the Capital Markets Law in Turkey, which aims to create a fair, orderly, and transparent market, thereby protecting investors’ rights and interests. Given Turkey’s intricate legal structure, capital markets consultancy ensures that investments are secured and managed per legal standards, helping businesses succeed in capital market investments.

Role of Capital Markets Consultancy

Capital markets consultancy in Turkey?firms help create strategies that align business activities with regulatory standards. In Turkey, these firms employ highly qualified professionals, including lawyers who provide legal advice on both emerging and existing market instruments. The scope of these services encompasses various elements of capital markets law, such as public offerings, investment services, and initial public offerings (IPOs). They play a crucial role in ensuring that companies follow regulatory requirements, protecting businesses and investors alike from legal or regulatory risks.

Evolution of Capital Markets in Turkey

Turkey has become increasingly attractive to foreign investors. Factors such as its young population, favorable currency exchange rates, and affordable production and labor costs contribute to this trend. The capital markets framework has adapted to these changing dynamics, incorporating recent developments like FinTech, digital wallets, and electronic submission systems, which streamline financial transactions.

In 2024, several new regulations were introduced, marking significant shifts in Turkey’s capital markets. Key legislative updates include the enactment of Law No. 7518, often referred to as Turkey’s Crypto Law, which addresses digital asset transactions and emphasizes compliance with international Financial Action Task Force (FATF) standards. Additionally, Turkey's Capital Markets Board (CMB) recently issued guidelines on the legal status of NFTs and peer-to-peer (P2P) transactions, reflecting the country’s progressive stance toward integrating new financial technologies.

Main Authorities Overseeing Capital Markets in Turkey

The primary regulatory body for capital markets in Turkey is the Capital Markets Board (CMB). The CMB’s responsibilities include safeguarding investor rights, promoting transparency and fairness, enhancing market efficiency, and facilitating modernization of the capital markets. The CMB also promotes compliance with international standards, positioning Turkey as a competitive player in the global financial landscape.

For complex cases involving capital markets litigation, particularly those involving international corporations, Pi Legal Consultancy’s experienced legal team provides comprehensive advisory services. These services often extend to cases that are based on Council of State rulings or involve the European Court of Human Rights, offering legal support to businesses in need of multinational insights.

Key Functions of Capital Markets Advisors

Capital markets advisors help clients address multifaceted business concerns, such as mergers and acquisitions (M&A). M&A transactions allow companies to consolidate resources through financial restructuring. Capital markets consultants guide businesses through these mergers by analyzing data, ensuring compliance with intellectual property laws, and adhering to the Industrial Property Code (No. 6769).

Pi Legal Consultancy, in particular, provides extensive advisory support in areas such as structured finance, investment trusts, real estate investments, IPO procedures, issuance and sale of capital market instruments, and public company regulations. The consultancy firm’s expertise in handling both national and international capital markets issues ensures that clients have a competitive advantage in Turkey’s evolving market landscape.

The Role of Pi Legal Consultancy in Capital Markets

Pi Legal Consultancy offers a broad range of services tailored to meet the capital markets needs of both Turkish and foreign investors. Their support includes:

·?Structuring initial and issued capital,

·?Navigating mergers and acquisitions,

·?Establishing real estate and investment trusts,

·?Facilitating IPOs,

·?Managing the issuance and sale of capital market instruments,

·?Publishing announcements and advertisements in compliance with regulatory standards.

Pi Legal Consultancy plays a critical role in ensuring a transparent, resilient, and competitive capital markets environment, reinforcing investor trust and compliance with Turkish capital market laws.

How Can I Register a Company in Turkey?

Starting a company in Turkey involves several legal and regulatory steps. To establish a business, one must:

1.?Choose a Business Structure: Turkey offers various business structures, including joint-stock companies and limited liability companies.

2.?Prepare Articles of Association: Draft and notarize the articles, outlining the company’s structure, purpose, and regulations.

3.?Register with the Trade Registry: Submit required documentation to the local Trade Registry office.

4.?Apply for Tax Registration: Register with the Turkish Revenue Administration to obtain a tax ID.

5.?Open a Bank Account: Deposit the initial capital in a Turkish bank account under the company’s name.

6.?Notify Relevant Authorities: Notify the Ministry of Finance and other relevant authorities to ensure compliance with Turkish business regulations.

Capital markets consultants like Pi Legal Consultancy provide assistance throughout the company registration process, ensuring alignment with Turkey’s corporate governance laws and optimizing the company structure for long-term growth in the Turkish capital markets.

Capital markets consultancy is crucial for businesses and investors aiming to operate successfully within Turkey's financial markets. With a solid understanding of Turkey’s capital markets laws, consultants like Pi Legal Consultancy provide invaluable guidance, helping clients navigate the complexities of Turkish capital markets, pursue investment opportunities, and achieve financial goals.