Politics · Turkey · 2 hrs ago
Turkey's SPK seeks charges against 88 people over three stock markets
Turkey's capital markets regulator will seek charges against 88 people over trading in shares of three companies: Temapol, İsvea and Tera Yatırım.
The regulator said its review found grounds to refer 24 people over Temapol trading, 22 over İsvea and 42 over Tera Yatırım.
People found responsible face two-year trading bans on stock exchanges and other organised markets.
The regulator also decided to cancel some capital markets licences while the bans are in force.
The measures relate to suspected offences under Turkey's Capital Markets Law, but the announcements do not state that anyone has been convicted.
The regulator also ordered temporary suspension of Trive Yatırım's capital markets activities from 00:01 on 7 November 2026.
Its decisions also approved bond and financing-bill issues by two factoring companies and capital increases at three portfolio management firms.
Turkey’s Capital Markets Board decided to refer 88 people for prosecution over transactions involving shares in three companies.
The referrals cover 24 people linked to Temapol, 22 to İsvea and 42 to Tera.
The board also ordered two-year trading bans for people and some companies involved in the transactions.
Some individuals’ capital markets licences will be cancelled for the duration of their bans.
The board separately ordered Trive Yatırım’s capital markets activities to be temporarily suspended from 00:01 on November 7, 2026.
- Who
- Turkey’s Capital Markets Board (SPK) and 88 people linked to the transactions.
- What
- The SPK decided to refer the people for prosecution and impose two-year trading bans.
- When
- The decisions were reported on November 6, 2026; the temporary suspension of Trive Yatırım was set to begin at 00:01 on November 7.
- Where
- The transactions involved the share markets of Temapol, İsvea and Tera in Turkey.
- Why
- The SPK completed reviews of transactions in the three companies’ share markets.
This story does not have two clearly opposing sides.
The SPK’s weekly bulletin reported decisions to refer 88 people for prosecution over transactions in three share markets.
The temporary suspension of Trive Yatırım’s capital markets activities was due to take effect.
- Total referrals
- 88 people
- Temapol (TMPOL)
- 24 people
- İsvea (ISVEA)
- 22 people
- Tera (TERA)
- 42 people
- Trading-ban duration
- 2 years
- Trive Yatırım suspension
- From 00:01 on November 7, 2026