Turkish market regulator blocks access to 26 websites due to overseas leveraged transactions

Türkiye's Capital Markets Board (CMB) has announced its decision to block access to 26 websites due to leveraged transactions conducted abroad.

Ekleme: 18.05.2023 12:26:25 / Güncelleme: 18.05.2023 12:26:25 / English News / Ankara Haberleri
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In a statement, the CMB clarified that the action was taken under the category of "Other Sanctions, Measures, and Transaction Prohibitions."

The CMB further explained that the move was in accordance with the fourth paragraph of Article 99 of the Capital Markets Law, with the aim of preventing Türkiye residents from engaging in leveraged transactions made abroad via the internet.

The board emphasized its intention to pursue necessary legal actions to enforce the access restrictions on the listed websites. (ILKHA)