Investment regulation – Turkey
Holding restrictions
There are no holding restrictions on foreign portfolio investments in the Turkish market.
However within the omnibus account by ICSDs, Turkish residents and/or individual final beneficial owners are not entitled to hold fixed income securities issued by theRepublic of Turkey Ministry of Treasury and Finance through the Central Bank of the Republic of Turkey(Turkish Fixed Income Securities) such as:
- Government bonds;
- Treasury Bills;
- Public lease certificates (SUKUKs);
- Gold bonds;
- Gold indexed public lease certificates.
Foreign investors who would like to invest in Turkish cash equities are required to obtain a Turkish tax ID in order to meet their Turkish tax obligations. One tax ID must be obtained for each beneficial owner.
Disclosure requirements
For details of the local domestic disclosure requirements, please refer to the Disclosure Requirements - Turkey.