None of the terms stated in this website; such as capital markets, investment intermediary, portfolio management or investment management; has the exact same meaning with the terms stated in Capital Markets Law No:6362, issued in the Official Gazette dated 30/12/2012 number 28513. Capital Markets Law No:6362 states in Article 2 ,“Scope” as:
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“Capital market instruments, the issue of these instruments, issuers, those who public offerors, capital market acitivities, capital market institutions, exchanges and other organised markets where capital market instruments are traded, market operators, Capital Markets Association of Turkey, Appraisal Experts Association of Turkey, central clearing institutions, central securities depositories, the Central Registry Agency and the Capital Markets Board are subject to the provisions of this Law”
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hence, not concerns the non-public and/or disorganized commercial real estate market and the players of the commercial real estate market other than the REITs. Therefore, the similarity of the terms in this website with those in the Capital Markets Law No:6362 are purely limited with the borders of financial terminology.
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Mergen Consulting has been established to give advisory to local and global investors in commercial real estate sector and has no authorisation to advice on any capital markets instrument as defined by Capital Markets Law No:6362.
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Mergen Consulting is not regulated by Capital Markets Law No:6362 and is not authorized to provide any of the services defined in Capital Markets Law No:6362.
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For more information, you can reach the Capital Markets Board official website from below link:
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and the Capital Markets Law No:6362 can be downloaded in pdf format below: